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.

3472 RED OAK Circle E, Orange Park, FL 32073 (MLS# 2136588)

3472 RED OAK Circle E, Orange Park, FL 32073

$306,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,431 Lot Size (sq. ft.): 10,890 Status: Closed

Current Price: $306,000 List Date: 3/27/2026 Last Modified: 5/04/2026

Overview

Description

Welcome home to easy Florida living in the heart of Orange Park! This inviting 3-bedroom, 2-bath home is designed for both comfort and connection, featuring a cozy brick fireplace and multiple living spaces including a formal living room, spacious family room, and a separate dining room--perfect for gathering with family and friends. The beautifully updated bathrooms offer modern walk-in showers, while wood plank tile floors add style and durability throughout. At the heart of the home, the kitchen with stainless steel appliances flows effortlessly into everyday living. Step outside and unwind on the large screened-in porch--ideal for morning coffee, evening relaxation, or weekend entertaining--overlooking a generously sized vinyl-fenced backyard with plenty of room to play, garden, or host. With an inside laundry room, mudroom, and no HOA or CDD fees, this home offers the space, flexibility, and lifestyle you've been looking for.

Listing Details MLS# 2136588

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1431
Living Area Source: Public Records
Year Built: 1972
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.25
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction 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
Senior Community YN: No
Directions: Take I295 to Hwy 17/ Orange Park to Kingsley Ave, make left on Orange Ave, orange ave merges into Moody . Take Moody to Red Oka make right, home is on the right
Public Remarks: Welcome home to easy Florida living in the heart of Orange Park! This inviting 3-bedroom, 2-bath home is designed for both comfort and connection, featuring a cozy brick fireplace and multiple living spaces including a formal living room, spacious family room, and a separate dining room--perfect for gathering with family and friends. The beautifully updated bathrooms offer modern walk-in showers, while wood plank tile floors add style and durability throughout. At the heart of the home, the kitchen with stainless steel appliances flows effortlessly into everyday living. Step outside and unwind on the large screened-in porch--ideal for morning coffee, evening relaxation, or weekend entertaining--overlooking a generously sized vinyl-fenced backyard with plenty of room to play, garden, or host. With an inside laundry room, mudroom, and no HOA or CDD fees, this home offers the space, flexibility, and lifestyle you've been looking for.
List Price/SqFt: 208.94
Sold Price/SqFt: 213.84

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Ceiling Fan(s); Entrance Foyer; Primary Bathroom - Shower No Tub Flooring: Tile Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Brick Other Structures: Shed(s) Patio And Porch Features: Front Porch; Screened Roof: Shingle Parking Features: Garage; Garage Door Opener Fencing: Back Yard; Vinyl Current Use: Single Family Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Appraisal; Financing; Inspection

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-03-23

Location Tax and Legal

Street Number: 3472
Street Name: RED OAK
Street Suffix: Circle
Street Direction Suffix: E
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 135-Park West/Montclair
Subdivision Name: Red Oak

Status Change Information

Major Change Timestamp: 2026-05-04T00:00:28Z
Major Change Type: Status Change
Purchase Contract Date: 2026-03-31
Close Date: 2026-05-01
Close Price: 306000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Documents

Flood disclosure ›

SPD ›

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Updated: May - 04 - 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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