Is Orange City, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Orange City has remained a Seller's Market.
Key Takeaway
Orange City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Orange City, FL
How much do homes in Orange City, FL cost?
Median Sold Price
$305,000
$214/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Key Takeaway
The sold price of homes in Orange City has remained the same since last year.
Summary: The median home sold price in Orange City was $305,000 in April 2024, the same as last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137K | $100K | -27.0% |
| 2 Bedrooms | $222.5K | $230.9K | +3.8% |
| 3 Bedrooms | $309.2K | $305K | -1.4% |
| 4 Bedrooms | $384.7K | $382.9K | -0.5% |
| 5+ Bedrooms | $345K | $436.9K | +26.6% |
Summary: Orange City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27%, 2 bedroom homes increased by 3.8%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 26.6%.
Median Sold Price Compared To Nearby Cities
| DeBary-Orange City | $323.1K | $350.4K | +8.5% |
| DeBary | $370.6K | $397.8K | +7.3% |
| Deltona | $304K | $318.2K | +4.7% |
| Orange City | $305K | $305K | 0.0% |
Housing Supply in Orange City, FL
How many homes are available in Orange City, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 154 | 133 | -13.6% |
Summary: The Orange City real estate market had 133 homes for sale in April 2024, a 13.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 17 | 17 | 0.0% |
| 3 Bedrooms | 101 | 87 | -13.9% |
| 4 Bedrooms | 29 | 23 | -20.7% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Orange City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13.9%, 4 bedroom homes decreased by 20.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 42 | 33 | -21.4% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Orange City, expect to pay close to the asking price. 39.4% of homes here sold near the asking price last month.
Summary: A total of 33 homes were sold or pending in Orange City in April 2024, down by 21.4% month-over-month. Of the 33 sold homes, 36% were sold under asking, 39% were sold at asking, and 24% were sold over asking.
Days on Market for Orange City, FL
How long does it take to sell a home in Orange City, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 55 Days | 29 Days | -46.8% |
Summary: Homes in Orange City had an average of 29 days on market in Apr 2024, down by 46.8% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Orange City are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 33 homes were sold in Orange City; 61% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.