Is DeBary-Orange City, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing DeBary-Orange City is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, DeBary-Orange City has remained a Seller's Market.

Key Takeaway

DeBary-Orange City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in DeBary-Orange City, FL

How much do homes in DeBary-Orange City, FL cost?

Median Sold Price

$350,485

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$27,385(+8.5%)

Key Takeaway

Homes in DeBary-Orange City have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in DeBary-Orange City was $350,485 in April 2024, up 8.5% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $120K$107.5K
-10.4%
2 $239K$244.9K
+2.5%
3 $315K$335.5K
+6.5%
4 $422.5K$457.1K
+8.2%
5+ $471K$499.9K
+6.1%

Summary: DeBary-Orange City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.4%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 6.1%.

Median Sold Price Compared To Nearby Cities

DeBary-Orange City
+8.5%
DeBary
+7.3%
Deltona
+4.7%
Orange City
0.0%
DeLand
-1.1%

Housing Supply in DeBary-Orange City, FL

How many homes are available in DeBary-Orange City, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
354320-9.6%

Summary: The DeBary-Orange City real estate market had 320 homes for sale in April 2024, a 9.6% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 4543
-4.4%
3 204175
-14.2%
4 8679
-8.1%
5+ 1620
+25.0%

Summary: The DeBary-Orange City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 14.2%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
8784-3.4%

Asking Price vs. Sold Price

39 Homes Were Sold
Under Asking

28 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in DeBary-Orange City, you may be able to get a good deal. 46.4% of homes here sold below asking price last month.

Summary: A total of 84 homes were sold or pending in DeBary-Orange City in April 2024, down by 3.4% month-over-month. Of the 84 sold homes, 46% were sold under asking, 33% were sold at asking, and 20% were sold over asking.

Days on Market for DeBary-Orange City, FL

How long does it take to sell a home in DeBary-Orange City, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
49 Days47 Days-4.9%

Summary: Homes in DeBary-Orange City had an average of 47 days on market in Apr 2024, down by 4.9% compared to last year.

Breakdown of Home Sale Times

47 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in DeBary-Orange City are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 84 homes were sold in DeBary-Orange City; 56% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

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