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.

4964 LAKE CHARLES Drive, Jacksonville, FL 32258 (MLS# 2167107)

4964 LAKE CHARLES Drive, Jacksonville, FL 32258

$435,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,243 Lot Size (sq. ft.): 40,916 Status: Active

Current Price: $435,000 List Date: 9/30/2026 Last Modified: 10/29/2026

Overview

Description

Your home should be your sanctuary, and this spacious 4-bedroom, 3-bath residence in Arbor Oaks offers the perfect blend of privacy, comfort, and convenience. Tucked away on a secluded cul-de-sac in Jacksonville's sought-after Mandarin area, this home welcomes you with a bright, open layout and a spacious kitchen featuring granite countertops and stainless-steel appliances. The inviting family room features a cozy corner fireplace, while the spacious owner's suite provides a relaxing retreat with a spa-inspired bath, garden tub, and generous closets. Upstairs, the versatile bonus room with a full bath offers endless possibilities as a private guest suite, media room, home office, or playroom. Unwind on the screened lanai overlooking the shaded backyard and enjoy your own private escape. Conveniently located near shopping, dining, entertainment, schools, and major roadways. Schedule your private showing today!

Listing Details MLS# 2167107

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2243
Living Area Source: Public Records
Year Built: 2001
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.9393
Association YN: Yes
Association Fee: 340
Association Fee Frequency: Annually
Association Name: Arbor Oaks Owner Assoc. Inc/Community Mgmt Concept
Association Phone: 833-462-3627
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: From I-295S, exit Old St. Augustine Rd. Merge right onto Old St. Augustine Rd. Turn left onto Collins Creek Dr. Left onto Lake Charles Dr. Home is on the left.
Public Remarks: Your home should be your sanctuary, and this spacious 4-bedroom, 3-bath residence in Arbor Oaks offers the perfect blend of privacy, comfort, and convenience. Tucked away on a secluded cul-de-sac in Jacksonville's sought-after Mandarin area, this home welcomes you with a bright, open layout and a spacious kitchen featuring granite countertops and stainless-steel appliances. The inviting family room features a cozy corner fireplace, while the spacious owner's suite provides a relaxing retreat with a spa-inspired bath, garden tub, and generous closets. Upstairs, the versatile bonus room with a full bath offers endless possibilities as a private guest suite, media room, home office, or playroom. Unwind on the screened lanai overlooking the shaded backyard and enjoy your own private escape. Conveniently located near shopping, dining, entertainment, schools, and major roadways. Schedule your private showing today!
List Price/SqFt: 193.94

Property Features

Architectural Style: Traditional Levels: One and One Half Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Microwave; Refrigerator; Water Softener Owned Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Ceiling Fan(s); Entrance Foyer; Kitchen Island; Open Floorplan; Pantry; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Stucco Patio And Porch Features: Covered; Screened Roof: Shingle Parking Features: Garage Door Opener Lot Features: Cul-De-Sac View: Trees/Woods Fencing: Back Yard Current Use: Residential; Single Family Association Amenities: Park; Playground Road Frontage Type: County Road Road Surface Type: Asphalt; Paved Possession: Close Of Escrow Listing Terms: Cash; Conventional; VA Loan