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.

3400 RED OAK Circle, Orange Park, FL 32073 (MLS# 2172100)

3400 RED OAK Circle, Orange Park, FL 32073

New Listing

$2,300

Property Type: Residential Lease Bedrooms: 3 Baths: 2 Square Footage: 1,675 Status: Active

Current Price: $2,300 List Date: 11/03/2026 Last Modified: 11/03/2026

Overview

Description

Fantastic 3-bedroom 2-bathroom Orange Park home on a corner lot. This home has a spacious feel and boasts a formal living room, formal dining room, eat in kitchen with butcher block countertops, new flooring throughout, an open patio, a large fenced-in backyard, a 2-car garage and so much more! Centrally located to great schools, restaurants, shopping, I-295, and NAS Jax. Home is available immediately, no pets please.

Supplements: We have a strict no smoking or vaping are permitted in or on the property. We will not lease sight unseen; an applicant must view the property in person to lease it. -------------------------- Information within this ad is deemed reliable but not guaranteed

Listing Details MLS# 2172100

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1675
Living Area Source: Public Records
Year Built: 1972
Association YN: No
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Stories Total: Yes
Senior Community YN: No
Directions: South on Blanding Blvd, Left on Suzanne Ave, Left on Moody Ave, Left on Red Oak, first home on the right.
Public Remarks: Fantastic 3-bedroom 2-bathroom Orange Park home on a corner lot. This home has a spacious feel and boasts a formal living room, formal dining room, eat in kitchen with butcher block countertops, new flooring throughout, an open patio, a large fenced-in backyard, a 2-car garage and so much more! Centrally located to great schools, restaurants, shopping, I-295, and NAS Jax. Home is available immediately, no pets please.
List Price/SqFt: 1.37

Property Features

Additional Lease Terms: 12 Months Architectural Style: Traditional Appliances: Dishwasher; Electric Range; Refrigerator Interior Features: Eat-in Kitchen; Entrance Foyer; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms Patio And Porch Features: Front Porch; Patio Water Source: Public Parking Features: Garage Fencing: Fenced Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Road Surface Type: Asphalt Tenant Pays: All Utilities Pets Allowed: No

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2026-11-03
Lease Term: 12 Months
Availability Date: 2026-11-03

Location Tax and Legal

Street Number: 3400
Street Name: RED OAK
Street Suffix: Circle
State: FL
County: Clay
Postal Code: 32073
MLS Area Major: 135-Park West/Montclair
Subdivision Name: Red Oak

Status Change Information

Major Change Timestamp: 2026-11-03T16:49:07Z
Major Change Type: New Listing

Deposits and Fees

Application Fee: 100
Security Deposit: 2300

More Information

Listing Office: VALIANT REALTY & MANAGEMENT LLC

Last Updated: November - 03 - 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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