Is Central Volusia, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Central Volusia is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Central Volusia was a Seller's Market.

Key Takeaway

Central Volusia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Central Volusia, FL

How much do homes in Central Volusia, FL cost?

Median Sold Price

$460,500

$239/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$500(+0.1%)

Key Takeaway

The sold price of homes in Central Volusia has remained the same since last year.

Summary: The median home sold price in Central Volusia was $460,500 in October 2024, up 0.1% from last year, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $374.9K$385K
+2.7%
3 $430.4K$437.5K
+1.6%
4 $555K$530K
-4.5%
5+ $585K$817K
+39.7%

Summary: Central Volusia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 39.7%.

Median Sold Price Compared To Nearby Cities

Daytona Beach
+3.8%
Edgewater
+2.5%
Central Volusia
0.1%
New Smyrna Beach
-0.1%
Port Orange
-3.7%

Housing Supply in Central Volusia, FL

How many homes are available in Central Volusia, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
317360+13.6%

Summary: The Central Volusia real estate market had 360 homes for sale in October 2024, a 13.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 3842
+10.5%
3 135160
+18.5%
4 115127
+10.4%
5+ 2931
+6.9%

Summary: The Central Volusia housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 6.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2533+32.0%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Central Volusia, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Central Volusia in October 2024, up by 32.0% month-over-month. Of the 33 sold homes, 73% were sold under asking, 15% were sold at asking, and 12% were sold over asking.

Days on Market for Central Volusia, FL

How long does it take to sell a home in Central Volusia, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
57 Days89 Days+56.6%

Summary: Homes in Central Volusia had an average of 89 days on market in Oct 2024, up by 56.6% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Central Volusia are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 33 homes were sold in Central Volusia; 30% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 45% 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 16 Days Ago

Newest Listings in Central Volusia, FL

Nearby Markets to Central Volusia, FL

What housing markets are near Central Volusia, FL?