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.

1558 TANOAN Drive, Jacksonville, FL 32221 (MLS# 2171294)

1558 TANOAN Drive, Jacksonville, FL 32221

$319,900

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,950 Lot Size (sq. ft.): 6,534 Status: Active

Current Price: $319,900 List Date: 10/28/2026 Last Modified: 10/29/2026

Overview

Description

Seller offering $2500 closing cost assistance or interest rate buydown with acceptable offer. Welcome home to this 3 bedroom 2 bath barely lived in luxury home on a nature preserve. Just under 2000 square feet of living space with luxury upgrades throughout including screened paver back porch and paver front walk way with landscape lighting. Open kitchen island overlooks large living area and features designer appliances. Luxury vinyl flooring in living areas is durable, pet-friendly, and easy to clean. Expansive primary suite features a walk-in closet space and bathroom boasts double sinks. Dining room space could be used as home office or set up as an extra entertaining space or playroom. Home is built in 2022 so all major systems are like new and low maintenance. NO CDD Fee and low $300 annual HOA for NEW Community Pool, pickleball, playground, and walking/biking trails.

Listing Details MLS# 2171294

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1950
Living Area Source: Public Records
Year Built: 2022
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.15
Association YN: Yes
Association Fee: 300
Association Fee Frequency: Annually
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
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: From Chaffee Rd turn onto Panther Creek Pkwy. Turn left onto Panther Preserve Pkwy. Turn right onto Panther Lake Pkwy. Turn left onto Tanoan Dr. The home is located on your left #1558
Public Remarks: Seller offering $2500 closing cost assistance or interest rate buydown with acceptable offer. Welcome home to this 3 bedroom 2 bath barely lived in luxury home on a nature preserve. Just under 2000 square feet of living space with luxury upgrades throughout including screened paver back porch and paver front walk way with landscape lighting. Open kitchen island overlooks large living area and features designer appliances. Luxury vinyl flooring in living areas is durable, pet-friendly, and easy to clean. Expansive primary suite features a walk-in closet space and bathroom boasts double sinks. Dining room space could be used as home office or set up as an extra entertaining space or playroom. Home is built in 2022 so all major systems are like new and low maintenance. NO CDD Fee and low $300 annual HOA for NEW Community Pool, pickleball, playground, and walking/biking trails.
List Price/SqFt: 164.05

Property Features

Architectural Style: Ranch Levels: One Appliances: Dishwasher; Disposal; Electric Cooktop; Electric Oven; Electric Range; Electric Water Heater; Freezer; Microwave; Refrigerator; Washer Interior Features: Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom - Tub with Shower; Primary Downstairs Flooring: Carpet; Vinyl Laundry Features: Lower Level Utilities: Cable Available; Cable Connected; Electricity Available; Electricity Connected; Sewer Available; Sewer Connected; Water Available; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Fiber Cement; Frame Patio And Porch Features: Rear Porch; Screened Roof: Shingle Parking Features: Garage Lot Features: Wooded View: Protected Preserve; Trees/Woods Current Use: Residential; Single Family Association Amenities: Clubhouse; Dog Park; Park; Pickleball; Playground Road Frontage Type: City Street Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-28

Location Tax and Legal

Street Number: 1558
Street Name: TANOAN
Street Suffix: Drive
County: Duval
State: FL
Postal Code: 32221
MLS Area Major: 065-Panther Creek/Adams Lake/Duval County-SW
Subdivision Name: Panther Creek

Status Change Information

Major Change Timestamp: 2026-10-28T19:48:05Z
Major Change Type: New Listing

DPR Eligible

DPR Eligible: Yes

More Information

Documents

1558 Tanoan Dr. Flood Disclosure ›

Listing Office: MASH REALTY SERVICES, LLC

Last Updated: October - 29 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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.

Compare listings

Compare