Neighborhood · New Smyrna Beach, Florida
Canal Downtown
Walkable coastal living where the canals meet downtown
7
Homes for sale
$1,390,000
Median list price
$424
Avg price / sqft
28
Median days on market
Canal Downtown puts you within reach of both the water and the walkable core of New Smyrna Beach, a stretch of Volusia County coast that trades resort glitz for a laid-back, salt-air rhythm. Waterfront lots share the neighborhood with pool homes, and you're a short hop from established communities like Coronado Beach, Central Beach, and Coronado Island. Orlando's theme parks and airport sit roughly 75 minutes inland, so you get the beach as your everyday and the city as an easy day trip.
The market here is small and split. Only 6 homes are active right now, and 4 of those are priced above $1M, which pulls the median list up to $1,494,500 — but the 12-month sold data tells a calmer story, with 21 homes closing at a median of $433,000. That gap means buyers should read each listing on its own terms: turnkey waterfront and pool properties command a premium, while the broader neighborhood trades well below the headline number. Homes move in about 19 days, and sellers are collecting around 92% of asking, so there's room to negotiate without expecting a fire sale.
Canal Downtown is a community in New Smyrna Beach, Florida.
Quick facts
$399,000 – $1.6M price range
3,080 sqft median home
$73/mo median HOA
$1,650/mo median rent
20 sold in 12 months
Drive times
On the market now
Homes for sale in Canal Downtown
$475,000
101 N RIVERSIDE DRIVE UNIT 2020, NEW SMYRNA BEACH
2 bd · 2 ba · 1,000 sqft
$450,000
101 N RIVERSIDE DRIVE UNIT 4120, NEW SMYRNA BEACH
2 bd · 1.5 ba · 1,000 sqft
$399,000$402,700
309 RUSH STREET, NEW SMYRNA BEACH
5 bd · 3 ba · 2,381 sqft
$1,599,000
140 JULIA STREET, NEW SMYRNA BEACH
3 bd · 4.5 ba · 3,498 sqft
$1,599,000
204 PALMETTO STREET, NEW SMYRNA BEACH
5 bd · 6.5 ba · 3,080 sqft
$1,390,000$1,399,999
301 LIVE OAK STREET, NEW SMYRNA BEACH
4 bd · 2.5 ba · 3,448 sqft
$1,640,000$1,690,000
119 FAULKNER STREET, NEW SMYRNA BEACH
3 bd · 3.5 ba · 3,300 sqft
Every active listing inside the Canal Downtown boundary
Open full map search →Find your fit
Browse Canal Downtown
By feature — on the live map
Where the market lives
The numbers that matter
The Canal Downtown market
20
Sold, last 12 months
$406,500
Median sold price
92%
Sale-to-list ratio
What sellers actually get vs asking
109 days
Median time to sell
Canal Downtown vs New Smyrna Beach
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 8.8% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Canal Downtown boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Canal Downtown is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Canal Downtown home
≈ $8,254/mo
$1,390,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$73/mo
Median HOA
From current listings inside the boundary
$1,650/mo
Median rent
Homes for rent inside the boundary
Population
557
Median age
65
Median income
$13,478
Median home value
$288,298
Beyond the listings
Living in Canal Downtown
Appearance oriented
Top 9% in the U.S.Trend Trackers
This population lives as fast as the culture. They like to keep up with the latest trends, especially when it comes to apparel and accessories.
Pieces of History
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
Food & Drink
Top 12% in the U.S.Hops & Brews
Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.
Hobbies & Interests
Top 13% in the U.S.Handcrafted
The only thing more beautiful than handmade decor? The hands that made it. This population appreciates the time and care put into one-of-a-kind pieces.
Entertainment
Top 14% in the U.S.Party Life
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Entertainment
Top 16% in the U.S.Lighthearted Fun
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
Straight answers
Canal Downtown FAQs
Is Canal Downtown a good place to live?+
It's a strong fit if you want beach access and a walkable downtown without leaving Volusia County's easygoing coastal pace. You're minutes from neighborhoods like Coronado Beach and about 65 minutes from downtown Orlando, so it balances quiet coastal living with city reach. Families should note the area feeds New Smyrna Beach High School.
Is Canal Downtown expensive?+
It can be, depending on which slice you're shopping. The median list price is $1,494,500 because 4 of the 6 active listings sit above $1M, but the 12-month median sold price was a far more approachable $433,000. The current list range runs from $402,700 all the way to $1,640,000.
What do homes cost in Canal Downtown?+
Recent sales landed at a median of $433,000 over the past 12 months across 21 closings. Active pricing averages about $416 per square foot on a median home size of 3,190 sqft, so larger or waterfront properties push well higher. Browse current listings on the live map to see where a given home falls.
How is the market right now?+
It's active but not frantic — homes are going under contract in a median of 19 days, and sellers are netting about 92% of their asking price. With only 6 homes on the market, inventory is tight, which rewards buyers who are ready to move on the right property.
What about HOA fees and property taxes?+
HOA costs are light here, with a median of $73 per month. Property taxes run higher, at a median of $8,424 per year, reflecting the coastal location and home values. If you're weighing rental income, the median rent in the area is around $1,650 a month.
Keep exploring
More New Smyrna Beach neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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