Is Daytona Beach, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Daytona Beach is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Daytona Beach was a Seller's Market.

Key Takeaway

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

Housing Prices in Daytona Beach, FL

How much do homes in Daytona Beach, FL cost?

Median Sold Price

$294,999

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,799(+3.8%)

Key Takeaway

Homes in Daytona Beach have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Daytona Beach was $294,999 in October 2024, up 3.8% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $152K$140K
-7.9%
2 $250K$252.8K
+1.1%
3 $310K$305K
-1.6%
4 $372.3K$416.7K
+11.9%
5+ $427.8K$470K
+9.8%

Summary: Daytona Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.9%, 2 bedroom homes increased by 1.1%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 9.8%.

Median Sold Price Compared To Nearby Cities

South Daytona
+13.1%
Holly Hill
+5.2%
Daytona Beach
+3.8%
Daytona Beach Shores
+3.1%
Port Orange
-3.7%

Housing Supply in Daytona Beach, FL

How many homes are available in Daytona Beach, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
696727+4.5%

Summary: The Daytona Beach real estate market had 727 homes for sale in October 2024, a 4.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10096
-4.0%
2 227235
+3.5%
3 234254
+8.5%
4 99111
+12.1%
5+ 3631
-13.9%

Summary: The Daytona Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes decreased by 13.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7151-28.2%

Asking Price vs. Sold Price

38 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Daytona Beach, you may be able to get a good deal. 74.5% of homes here sold below asking price last month.

Summary: A total of 51 homes were sold or pending in Daytona Beach in October 2024, down by 28.2% month-over-month. Of the 51 sold homes, 75% were sold under asking, 16% were sold at asking, and 10% were sold over asking.

Days on Market for Daytona Beach, FL

How long does it take to sell a home in Daytona Beach, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
65 Days75 Days+14.8%

Summary: Homes in Daytona Beach had an average of 75 days on market in Oct 2024, up by 14.8% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

21 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 51 homes were sold in Daytona Beach; 31% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 41% 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

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