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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing DeBary is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in DeBary, FL

How much do homes in DeBary, FL cost?

Median Sold Price

$387,245

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$12,062(-3.0%)

Key Takeaway

Homes in DeBary have sold for 3% less than they did a year ago.

Summary: The median home sold price in DeBary was $387,245 in October 2024, down 3% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $120K$118.7K
-1.0%
2 $255K$266.5K
+4.5%
3 $367.5K$372.6K
+1.4%
4 $476.6K$481K
+0.9%
5+ $495K$565K
+14.1%

Summary: DeBary housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 14.1%.

Median Sold Price Compared To Nearby Cities

Orange City
+4.7%
Deltona
+4.7%
DeBary-Orange City
+4.5%
DeBary
-3.0%

Housing Supply in DeBary, FL

How many homes are available in DeBary, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
185178-3.8%

Summary: The DeBary real estate market had 178 homes for sale in October 2024, a 3.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2221
-4.5%
3 8990
+1.1%
4 5852
-10.3%
5+ 1615
-6.3%

Summary: The DeBary 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 decreased by 4.5%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 6.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3831-18.4%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in DeBary, you may be able to get a good deal. 67.7% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in DeBary in October 2024, down by 18.4% month-over-month. Of the 31 sold homes, 68% were sold under asking, 23% were sold at asking, and 10% were sold over asking.

Days on Market for DeBary, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
50 Days78 Days+55.3%

Summary: Homes in DeBary had an average of 78 days on market in Oct 2024, up by 55.3% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 31 homes were sold in DeBary; 39% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 26% 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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