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.

3123 OLD PORT Circle W, Jacksonville, FL 32216 (MLS# 2166430)

3123 OLD PORT Circle W, Jacksonville, FL 32216

$497,000

Virtual Tour

https://www.zillow.com/view-imx/43670b4b-929f-4d28-a760-f2c2954a8c38?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,167 Lot Size (sq. ft.): 10,890 Status: Active

Current Price: $497,000 List Date: 10/03/2026 Last Modified: 11/03/2026

Overview

Description

Welcome to this beautifully updated 3-bedroom, 2-bath brick home with a versatile flex room, nestled in the established and highly sought-after neighborhood of Secret Cove. Inside, an inviting open floor plan creates an easy flow between the living, dining, and kitchen areas, making the home ideal for both everyday living and entertaining. A spacious formal dining room provides plenty of room for gatherings, while the flex room offers endless possibilities as a home office, playroom, den, or additional living space. One of the home's most loved features is the Florida room, offering approximately 300 additional square feet of space filled with natural light and overlooking the beautiful backyard. You will love the covered outdoor living area that features a beautiful wood-beamed vaulted ceiling, ceiling fan, lighting, and plenty of room for dining and lounging.Beyond the home, Secret Cove offers a true neighborhood feel with mature trees,

Supplements: larger lots, and an established community atmosphere, all conveniently located in the heart of Southside. Residents can join the voluntary civic association for a low annual cost and enjoy amenities including a community pool, playground, picnic pavilion, tennis court, recreation field, and beautiful spring-fed lake with two docks for kayaking, pad ... (Read more)

Listing Details MLS# 2166430

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1859
Living Area Source: Appraiser
Building Area Total: 2167
Year Built: 1981
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.25
Association YN: Yes
Association Fee: 460
Association Fee Frequency: Voluntary
Association Name: Secret Cove Civic Association
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: Take JTB to Belfort, go north on Belfort. Turn right at the second Secret Cove entrance. Left at stop sign and home will be on your right.
Public Remarks: Welcome to this beautifully updated 3-bedroom, 2-bath brick home with a versatile flex room, nestled in the established and highly sought-after neighborhood of Secret Cove. Inside, an inviting open floor plan creates an easy flow between the living, dining, and kitchen areas, making the home ideal for both everyday living and entertaining. A spacious formal dining room provides plenty of room for gatherings, while the flex room offers endless possibilities as a home office, playroom, den, or additional living space. One of the home's most loved features is the Florida room, offering approximately 300 additional square feet of space filled with natural light and overlooking the beautiful backyard. You will love the covered outdoor living area that features a beautiful wood-beamed vaulted ceiling, ceiling fan, lighting, and plenty of room for dining and lounging.Beyond the home, Secret Cove offers a true neighborhood feel with mature trees,
List Price/SqFt: 267.35

Property Features

Property Condition: Updated/Remodeled Appliances: Dishwasher; Electric Range; Refrigerator Fireplace Features: Wood Burning Interior Features: Ceiling Fan(s); Entrance Foyer; Primary Bathroom - Shower No Tub Flooring: Luxury Vinyl Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Electricity Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Brick Patio And Porch Features: Covered Parking Features: Garage Fencing: Back Yard Current Use: Residential Association Amenities: Community Pool; Pickleball; Playground; Tennis Court(s) Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan