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.

3390 KORI Road 12, Jacksonville, FL 32257 (MLS# 2170874)

3390 KORI Road 12, Jacksonville, FL 32257

$2,950

Property Type: Commercial Lease Square Footage: 34,938 Lot Size (sq. ft.): 104,544 Status: Active

Current Price: $2,950 List Date: 10/26/2026 Last Modified: 10/26/2026

Overview

Description

Suite #12 for lease in the Mandarin Executive Office Building at 3390 Kori Road. 1,400 SF of professional office space at $2,950 per month, full service. Modernized office building in Mandarin with a range of suite sizes available.

Listing Details MLS# 2170874

General Property Information

Building Area Total: 34938
Building Area Source: Public Records
Accessibility Features YN: Yes
Year Built: 1980
Lot Size Acres: 2.4
Water Body Access YN: No
Waterfront YN: Yes
Leasable Area: 1400
Directions: Head south from downtown toward Mandarin, continue along San Jose Blvd, then turn onto Kori Road; the destination is just off Kori Road near the San Jose corridor.
Public Remarks: Suite #12 for lease in the Mandarin Executive Office Building at 3390 Kori Road. 1,400 SF of professional office space at $2,950 per month, full service. Modernized office building in Mandarin with a range of suite sizes available.
List Price/SqFt: 0.08

Property Features

Current Use: Commercial; Office Lease Includes: Individual Unit Only Lot Features: Other Parking Features: Parking Lot; Unassigned Special Listing Conditions: Standard

Contract Information

Base Rent Per Year: 35400
Listing Contract Date: 2026-10-26
Property Sub Type: Office

Location Tax and Legal

Street Number: 3390
Street Name: KORI
Street Suffix: Road
County: Duval
State: FL
Postal Code: 32257
MLS Area Major: 013-Beauclerc/Mandarin North

Status Change Information

Major Change Timestamp: 2026-10-26T05:14:05Z
Major Change Type: New Listing

More Information

Listing Office: COLDWELL BANKER PREMIER PROPERTIES

Last Updated: October - 26 - 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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