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.

2601 S Peninsula Drive, Daytona Beach, FL 32118 (MLS# 1227768)

2601 S Peninsula Drive, Daytona Beach, FL 32118

$449,999

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,185 Lot Size (sq. ft.): 13,504 Status: Active

Current Price: $449,999 List Date: 6/20/2026 Last Modified: 11/14/2026

Overview

Description

Beachside Living at Its Best! This move-in ready 3-bedroom, 2-bath brick home sits high and dry atop a dune on a desirable corner double lot, just 2 blocks from the ocean and 1 block from the river. Light, bright, and welcoming, the open floor plan creates the perfect space for relaxing or entertaining. Enjoy peace of mind with numerous recent upgrades, including a newer roof, A/C, water heater, hurricane-rated windows and rear door, new irrigation system, side garage door new and hurricane rateed, and new Dade County-rated siding. The kitchen features new stainless-steel appliances, making this home truly turnkey. Step onto the inviting front porch and enjoy the coastal breeze or relax in the fully fenced backyard with plenty of room for pets, gatherings, or outdoor enjoyment. The seller has obtained a professional appraisal, and this home is priced below appraised value for a quick sale. Opportunities like this are rare. don't miss your chance to own a beautifully updated beachside .

Supplements: home in an unbeatable location. High and dry, loaded with upgrades, and just steps from the best of beachside living--this home is ready for its new owner!

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Listing Details MLS# 1227768

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1407
Year Built: 1976
Lot Size Acres: 0.31
Lot Size Dimensions: 127.0 ft x 107.0 ft
Association YN: No
CDD Fee YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: East over Dunlawton bridge. Left (north) on S Peninsula about fa mile. Home on the corner of S Peninsula and Beachcomber
Public Remarks: Beachside Living at Its Best! This move-in ready 3-bedroom, 2-bath brick home sits high and dry atop a dune on a desirable corner double lot, just 2 blocks from the ocean and 1 block from the river. Light, bright, and welcoming, the open floor plan creates the perfect space for relaxing or entertaining. Enjoy peace of mind with numerous recent upgrades, including a newer roof, A/C, water heater, hurricane-rated windows and rear door, new irrigation system, side garage door new and hurricane rateed, and new Dade County-rated siding. The kitchen features new stainless-steel appliances, making this home truly turnkey. Step onto the inviting front porch and enjoy the coastal breeze or relax in the fully fenced backyard with plenty of room for pets, gatherings, or outdoor enjoyment. The seller has obtained a professional appraisal, and this home is priced below appraised value for a quick sale. Opportunities like this are rare. don't miss your chance to own a beautifully updated beachside .
List Price/SqFt: 319.83

Property Features

Architectural Style: Ranch Levels: One Property Condition: Updated/Remodeled Rental Restrictions: Other Appliances: Dishwasher; Dryer; Electric Oven; Electric Range; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Pantry Utilities: Other Cooling: Central Air Heating: Central Electric: 200+ Amp Service Water Source: Public Sewer: Public Sewer Construction Materials: Block; Brick Patio And Porch Features: Front Porch; Rear Porch Roof: Shingle Parking Features: Garage Lot Features: Corner Lot Fencing: Back Yard Current Use: Single Family Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Room Types: Bathroom 2; Bedroom 1; Kitchen; Living Room

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-06-20
Seller Concessions Offered Y/N: Yes

Location Tax and Legal

Street Number: 2601
Street Direction Prefix: S
Street Name: Peninsula
Street Suffix: Drive
County: Volusia
State: FL
Postal Code: 32118
MLS Area Major: 13 - Beachside, N of Dunlawton & S Silver
Subdivision Name: Not on the List

Status Change Information

Major Change Timestamp: 2026-10-12T17:14:45Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-12T17:14:45Z

Room Types

Bathroom 2 Level: Main
Bedroom 1 Level: Main
Kitchen Level: Main
Living Room Level: Main

More Information

Currently Not Used

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Year Built: 1976

Foundation Details

Brick/Mortar: Yes
Slab: Yes

Lock Box Type

Combo: Yes
Supra: Yes

Room Information

Room Name	Level	Length	Width
Bedroom 1	Main	14.00	12.00
Kitchen	Main	15.00	10.00
Living Room	Main	18.00	13.00
Bathroom 2	Main	13.00	12.00

Listing Office: Coldwell Banker Coast Realty

Last Updated: November - 14 - 2026

Information deemed reliable but not guaranteed.