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.

576 E 59TH Street, Jacksonville, FL 32208 (MLS# 2171674)

576 E 59TH Street, Jacksonville, FL 32208

New Listing

$1,450

Property Type: Residential Lease Bedrooms: 3 Baths: 1 Square Footage: 1,430 Lot Size (sq. ft.): 6,098 Status: Active

Current Price: $1,450 List Date: 10/30/2026 Last Modified: 10/30/2026

Overview

Description

Discover this beautiful, spacious and classic single-storie brick home. This newly remodeled 3-bedroom, 1-bathroom with bonus office space is located in an established neighborhood. Featuring a brand HVAC, windows, new roof, updated plumbing and electrical, and completely renovated modern bathroom, fresh interior, brand-new flooring. This home offers an open lay-out showcasing, a gorgeous new kitchen with cabinets and brand new stainless steel appliances along with a generously great room large enough to accommodate a cozy sitting area. The backyard offers room for entertaining, gardening or even relaxing outdoors. Huge detached workshop/shed that can be tuned into a car garage. Ideally located across of park, near downtown Jacksonville, hospitals, shopping, dining, and entertainment—this move-in-ready home offers comfort, space, and convenience.

Listing Details MLS# 2171674

General Property Information

Bedrooms Total: 3
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1430
Living Area Source: Appraiser
Year Built: 1940
Accessory Dwelling Unit Y/N: No
Lot Size Acres: 0.14
Association YN: No
Accessibility Features YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Stories Total: Yes
Senior Community YN: No
Direction Faces: East
Directions: From Buffalo Ave turn right on 59th St and the home will be on your left
Public Remarks: Discover this beautiful, spacious and classic single-storie brick home. This newly remodeled 3-bedroom, 1-bathroom with bonus office space is located in an established neighborhood. Featuring a brand HVAC, windows, new roof, updated plumbing and electrical, and completely renovated modern bathroom, fresh interior, brand-new flooring. This home offers an open lay-out showcasing, a gorgeous new kitchen with cabinets and brand new stainless steel appliances along with a generously great room large enough to accommodate a cozy sitting area. The backyard offers room for entertaining, gardening or even relaxing outdoors. Huge detached workshop/shed that can be tuned into a car garage. Ideally located across of park, near downtown Jacksonville, hospitals, shopping, dining, and entertainment—this move-in-ready home offers comfort, space, and convenience.
List Price/SqFt: 1.01

Property Features

Owner Pays: Taxes Architectural Style: Traditional Levels: One Appliances: Convection Oven; Dishwasher; Disposal; Microwave; Refrigerator Laundry Features: Electric Dryer Hookup; In Carport; Washer Hookup Patio And Porch Features: Rear Porch Community Features: Restaurant; Sidewalks Water Source: Public Parking Features: Attached; Covered Sewer: Public Sewer View: Other Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Electric; Heat Pump Electric: 100 Amp Service Road Surface Type: Asphalt Road Frontage Type: City Street Rent Includes: Trash Collection Tenant Pays: All Utilities; Common Area Maintenance; HVAC Maintenance Pets Allowed: Yes

Contract Information

Rental Service: None
Rental Application URL: rentspree.com
RentEdge Syndication Y/N: Yes
Property Sub Type: Single Family Residence
Listing Contract Date: 2026-10-30
Lease Term: 12 Months
Availability Date: 2026-10-30

Location Tax and Legal

Street Number: 576
Street Direction Prefix: E
Street Name: 59TH
Street Suffix: Street
State: FL
County: Duval
Postal Code: 32208
MLS Area Major: 071-Brentwood/Evergreen
Subdivision Name: Panama Park

Status Change Information

Major Change Timestamp: 2026-10-30T20:35:36Z
Major Change Type: New Listing

Fireplace Features

Fireplaces Total: Yes

More Information

Deposits and Fees

Security Deposit: 2000

Listing Office: EXP REALTY LLC

Last Updated: October - 30 - 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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