Is Volusia County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Volusia County has remained a Seller's Market.
Housing Prices in Volusia County, FL
How much do homes in Volusia County, FL cost?
Median Sold Price
$349,561
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Volusia County was $349,561 in May 2024, up 4.1% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $204K | $177.5K | -13.0% |
2 Bedrooms | $262.8K | $275.1K | +4.7% |
3 Bedrooms | $328.6K | $338.7K | +3.1% |
4 Bedrooms | $389.9K | $400K | +2.6% |
5+ Bedrooms | $475.5K | $495K | +4.1% |
Summary: Volusia County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 4.1%.
Median Sold Price Compared To Nearby Counties
Volusia County | $335.8K | $349.5K | +4.1% |
Seminole County | $384.3K | $400K | +4.1% |
Lake County | $369.9K | $370.3K | 0.1% |
Putnam County | $239.9K | $235.8K | -1.7% |
Flagler County | $369.9K | $356.7K | -3.6% |
Housing Supply in Volusia County, FL
How many homes are available in Volusia County, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4,155 | 4,341 | +4.5% |
Summary: The Volusia County real estate market had 4,341 homes for sale in May 2024, a 4.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 142 | 172 | +21.1% |
2 Bedrooms | 972 | 1,019 | +4.8% |
3 Bedrooms | 2,002 | 2,032 | +1.5% |
4 Bedrooms | 812 | 871 | +7.3% |
5+ Bedrooms | 227 | 247 | +8.8% |
Summary: The Volusia County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.1%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 8.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
769 | 727 | -5.5% |
Asking Price vs. Sold Price
447 Homes Were Sold
Under Asking
181 Homes Were Sold
At Asking
99 Homes Were Sold
Over Asking
Summary: A total of 727 homes were sold or pending in Volusia County in May 2024, down by 5.5% month-over-month. Of the 727 sold homes, 61% were sold under asking, 25% were sold at asking, and 14% were sold over asking.
Days on Market for Volusia County, FL
How long does it take to sell a home in Volusia County, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
44 Days | 57 Days | +28.4% |
Summary: Homes in Volusia County had an average of 57 days on market in May 2024, up by 28.4% compared to last year.
Breakdown of Home Sale Times
361 Homes Were Sold
Under 30 Days
214 Homes Were Sold
In 30 - 90 Days
152 Homes Were Sold
Over 90 Days
Summary: During May 2024, 727 homes were sold in Volusia County; 50% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.