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.

355 CANIS Drive S, Orange Park, FL 32073 (MLS# 2005253)

355 CANIS Drive S, Orange Park, FL 32073

$290,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 1,312 Lot Size (sq. ft.): 12,197 Status: Closed

Current Price: $290,000 List Date: 1/25/2024 Last Modified: 8/26/2026

Overview

Description

GORGEOUS HOME WITH EVERYTHING NEW. ..... roof, flooring, kitchen, bathrooms, electrical, plumbing ! BRING ALL OFFERS... Everything has been done so you can just move in. Beautiful contemporary home with 2 PRIMARY SUITES. RENT ONE AND LIVE IN THE OTHER. Completely remodeled. Painted with neutral colors inside and out. New all tile floors. New GE appliance(s), new all wood kitchen cabinets, granite countertops, extended breakfast bar. New bathrooms cabinets with granite counter tops. MARKET LEADING RATES WHEN USING OUR PREFERRED LENDER. WHY RENT WHEN YOU CAN BUY. WITH 3.5% DOWN YOUR MORTGAGE WILL BE SIMILAR TO RENTING. SELLER WILL PAY APPRAISAL FEE. NO HOA OR CDD FEE IS A BIG PLUS.

Listing Details MLS# 2005253

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 1312
Living Area Source: Measured
Year Built: 1964
Accessory Dwelling Unit Y/N: No
Lot Size Acres: 0.28
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Direction Faces: North
Directions: I-295 exit #12 - Blanding Blvd. Head South towards Orange Park Mall . Turn right on Arora Blvd. Turn right on Canis Drive East . Street becomes Canis Drive S. House is one block down on the right corner .
Public Remarks: GORGEOUS HOME WITH EVERYTHING NEW. ..... roof, flooring, kitchen, bathrooms, electrical, plumbing ! BRING ALL OFFERS... Everything has been done so you can just move in. Beautiful contemporary home with 2 PRIMARY SUITES. RENT ONE AND LIVE IN THE OTHER. Completely remodeled. Painted with neutral colors inside and out. New all tile floors. New GE appliance(s), new all wood kitchen cabinets, granite countertops, extended breakfast bar. New bathrooms cabinets with granite counter tops. MARKET LEADING RATES WHEN USING OUR PREFERRED LENDER. WHY RENT WHEN YOU CAN BUY. WITH 3.5% DOWN YOUR MORTGAGE WILL BE SIMILAR TO RENTING. SELLER WILL PAY APPRAISAL FEE. NO HOA OR CDD FEE IS A BIG PLUS.
List Price/SqFt: 228.66
Sold Price/SqFt: 221.04

Property Features

Architectural Style: Contemporary Levels: One Property Condition: Updated/Remodeled Appliances: Convection Oven; Dishwasher; Disposal; Electric Oven; Electric Range; Electric Water Heater; Freezer; Ice Maker; Microwave; Refrigerator Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Guest Suite; Kitchen Island; Open Floorplan; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Flooring: Tile Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup Utilities: Cable Available; Electricity Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Block; Brick Patio And Porch Features: Covered; Front Porch Pool Features: None Roof: Shingle Parking Features: Other Fencing: Fenced; Full Current Use: Residential Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; Lease Purchase; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2024-01-23

Location Tax and Legal

Street Number: 355
Street Name: CANIS
Street Suffix: Drive
Street Direction Suffix: S
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 131-Meadowbrook/Loch Rane
Subdivision Name: Meadowbrook

Status Change Information

Major Change Timestamp: 2024-06-18T19:20:22Z
Major Change Type: Status Change
Price Change Timestamp: 2024-05-11T12:30:10Z
Purchase Contract Date: 2024-05-20
Close Date: 2024-06-18
Close Price: 290000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: WATSON REALTY CORP

Last Updated: August - 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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