Are Jacksonville home prices expected to drop further?

Nobody can honestly promise a specific direction. Prices are down modestly year over year, not falling sharply, and the market is described as balanced to slightly seller-favoring by most current reporting — not a buyer's market in the way the term usually implies.

How many days does it actually take to buy a house in Jacksonville right now?

It depends heavily on the specific home. Current data shows a real split: well-priced homes in strong areas can go under contract in under two weeks, while others sit for three months or more. The citywide average sits somewhere in between and can be misleading on its own.

Is Jacksonville still a buyer's market or a seller's market?

Most current data puts it close to balanced, with a slight lean toward sellers overall — but this varies meaningfully by neighborhood and price point, which is why a citywide label only tells part of the story.

Should I wait for mortgage rates to drop before buying?

That's a real financial trade-off, not a simple yes or no — rates have actually trended up, not down, through this fall. A monthly-payment conversation based on your actual numbers is more useful than a guess about where rates go next.

11540 RED KOI Drive, Jacksonville, FL 32226 (MLS# 2170499)

11540 RED KOI Drive, Jacksonville, FL 32226

$2,300

Property Type: Residential Lease Bedrooms: 3 Baths: 2 Square Footage: 1,794 Lot Size (sq. ft.): 6,534 Status: Active

Current Price: $2,300 List Date: 10/22/2026 Last Modified: 11/04/2026

Overview

Description

Welcome to this beautifully upgraded 3-bedroom, 2-bath home in the desirable Alta Lake community! Featuring an open-concept floor plan, a warm and inviting atmosphere, and numerous upgrades throughout, this home is designed for comfortable everyday living and entertaining. Enjoy peaceful pond views from the fenced backyard, with a paved back patio that creates the perfect space for outdoor gatherings, weekend barbecues, or relaxing evenings. Solar panels help reduce electricity costs, while the upgraded primary bedroom closet offers enhanced storage and organization. Residents can also enjoy Alta Lake's great community amenities, adding even more value to this wonderful home. **Move-in ready!** Renter's insurance is required prior to move-in. The security deposit and first month's rent are due at lease signing. SCHEDULE YOUR SHOWING TODAY!

Listing Details MLS# 2170499

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1794
Living Area Source: Public Records
Year Built: 2020
Lot Size Acres: 0.15
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: No
Stories Total: Yes
Senior Community YN: No
Directions: From I-295 N, take Exit 40 for Alta Drive. Turn right onto Alta Drive, then turn right onto Alta Lakes Blvd. Turn right onto Red Koi Dr. The property will be on the right.
Public Remarks: Welcome to this beautifully upgraded 3-bedroom, 2-bath home in the desirable Alta Lake community! Featuring an open-concept floor plan, a warm and inviting atmosphere, and numerous upgrades throughout, this home is designed for comfortable everyday living and entertaining. Enjoy peaceful pond views from the fenced backyard, with a paved back patio that creates the perfect space for outdoor gatherings, weekend barbecues, or relaxing evenings. Solar panels help reduce electricity costs, while the upgraded primary bedroom closet offers enhanced storage and organization. Residents can also enjoy Alta Lake's great community amenities, adding even more value to this wonderful home. **Move-in ready!** Renter's insurance is required prior to move-in. The security deposit and first month's rent are due at lease signing. SCHEDULE YOUR SHOWING TODAY!
List Price/SqFt: 1.28

Property Features

Owner Pays: Association Fees Appliances: Dishwasher; Electric Oven; Electric Range; Microwave; Refrigerator; Other Interior Features: Ceiling Fan(s); Kitchen Island; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Washer Hookup Patio And Porch Features: Screened Association Amenities: Children's Pool; Clubhouse; Dog Park; Fitness Center; Pickleball; Playground Water Source: Public Parking Features: Garage; Garage Door Opener Sewer: Public Sewer Fencing: Fenced Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Tenant Pays: All Utilities Pets Allowed: Yes

Contract Information

Rental Service: RentSpree
Rental Application URL: https://apply.link/1xomGRc
Property Sub Type: Single Family Residence
Listing Contract Date: 2026-10-20
Lease Term: 12 Months
Availability Date: 2026-10-22

Location Tax and Legal

Street Number: 11540
Street Name: RED KOI
Street Suffix: Drive
State: FL
County: Duval
Postal Code: 32226
MLS Area Major: 096-Ft George/Blount Island/Cedar Point
Subdivision Name: Alta Lakes

Status Change Information

Major Change Timestamp: 2026-11-04T16:22:28Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-11-04T16:22:28Z

Deposits and Fees

Security Deposit: 2400

More Information

Listing Office: KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE

Last Updated: November - 04 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Zelda Greenberg is a real estate agent affiliated with Legacy Realty Group North Florida, Inc., a licensed real estate brokerage that abides by equal housing opportunity laws. This is not intended to solicit property already listed. All material presented is intended for informational purposes only. Information is compiled from sources that are deemed reliable but subject to price changes, condition, sale, withdrawal, and errors & omissions.

Compare listings

Compare