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.

2626 OAK SUMMIT Drive, Jacksonville, FL 32211 (MLS# 2170675)

2626 OAK SUMMIT Drive, Jacksonville, FL 32211

$1,500

Virtual Tour

https://my.matterport.com/show/?m=9srkbR1mvp2

Property Type: Residential Lease Bedrooms: 3 Baths: 1 Square Footage: 1,192 Lot Size (sq. ft.): 8,276 Status: Active

Current Price: $1,500 List Date: 10/23/2026 Last Modified: 10/23/2026

Overview

Description

This charming 3-bedroom, 1-bath home offers a spacious layout with new LVP flooring throughout and plenty of natural light. Enjoy separate living and dining rooms, providing flexibility for relaxing and entertaining. The bedrooms are generously sized and filled with natural light, creating bright and comfortable spaces. French doors open to a screened patio, perfect for enjoying the outdoors, while the large backyard offers plenty of room to relax, play, or entertain. A one-car garage adds extra convenience and storage. Residents Benefit Package is required for all tenants at $50 per month. The package includes: move in concierge services, online portal access, document storage, multiple payment options, credit reporting and liability and personal property insurance. $125 Lease Preparation Fee will also apply. This home comes with high-speed internet up to 1 Gig at an exclusive group rate of $70.00, and includes 24/7 premium support and setup to help get you connected at move-in.

Listing Details MLS# 2170675

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1192
Living Area Source: Appraiser
Year Built: 1955
Lot Size Acres: 0.19
Association YN: No
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Waterfront YN: No
Stories Total: Yes
Senior Community YN: No
Directions: From Fl-109A N/Cesery Blvd turn right onto Greenberry Ln - turn right onto Oak Summit Dr. The house will be on your right
Public Remarks: This charming 3-bedroom, 1-bath home offers a spacious layout with new LVP flooring throughout and plenty of natural light. Enjoy separate living and dining rooms, providing flexibility for relaxing and entertaining. The bedrooms are generously sized and filled with natural light, creating bright and comfortable spaces. French doors open to a screened patio, perfect for enjoying the outdoors, while the large backyard offers plenty of room to relax, play, or entertain. A one-car garage adds extra convenience and storage. Residents Benefit Package is required for all tenants at $50 per month. The package includes: move in concierge services, online portal access, document storage, multiple payment options, credit reporting and liability and personal property insurance. $125 Lease Preparation Fee will also apply. This home comes with high-speed internet up to 1 Gig at an exclusive group rate of $70.00, and includes 24/7 premium support and setup to help get you connected at move-in.
List Price/SqFt: 1.26

Property Features

Appliances: Electric Range; Refrigerator Water Source: Public Parking Features: Additional Parking Sewer: Public Sewer Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Cooling: Central Air Heating: Central Additional Fee Includes: Other Tenant Pays: All Utilities Pets Allowed: No

Contract Information

Rental Application URL: www.spectrumrealtypm.com
Property Sub Type: Single Family Residence
Listing Contract Date: 2026-10-23
Lease Term: 12 Months
Availability Date: 2026-10-23

Location Tax and Legal

Street Number: 2626
Street Name: OAK SUMMIT
Street Suffix: Drive
State: FL
County: Duval
Postal Code: 32211
MLS Area Major: 041-Arlington
Subdivision Name: Lake Lucina

Status Change Information

Major Change Timestamp: 2026-10-23T18:34:04Z
Major Change Type: New Listing

Deposits and Fees

Additional Fee: 5070
Application Fee: 80
Security Deposit: 1500

More Information

Listing Office: SPECTRUM REALTY SERVICES

Last Updated: October - 23 - 2026

Information deemed reliable but not guaranteed.

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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.

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