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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing DeBary-Orange City is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, DeBary-Orange City was a Seller's Market.

Key Takeaway

DeBary-Orange City is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in DeBary-Orange City, FL

How much do homes in DeBary-Orange City, FL cost?

Median Sold Price

$359,997

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,525(+4.5%)

Key Takeaway

Homes in DeBary-Orange City have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in DeBary-Orange City was $359,997 in October 2024, up 4.5% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $120K$136.2K
+13.5%
2 $240K$249.9K
+4.1%
3 $335K$344.4K
+2.8%
4 $440.5K$420K
-4.7%
5+ $471K$455.9K
-3.2%

Summary: DeBary-Orange City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 3.2%.

Median Sold Price Compared To Nearby Cities

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

Housing Supply in DeBary-Orange City, FL

How many homes are available in DeBary-Orange City, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
306297-2.9%

Summary: The DeBary-Orange City real estate market had 297 homes for sale in October 2024, a 2.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 3333
0.0%
3 174175
+0.6%
4 8072
-10.0%
5+ 1917
-10.5%

Summary: The DeBary-Orange City 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 remained the same, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 10.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7247-34.7%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in DeBary-Orange City, you may be able to get a good deal. 63.8% of homes here sold below asking price last month.

Summary: A total of 47 homes were sold or pending in DeBary-Orange City in October 2024, down by 34.7% month-over-month. Of the 47 sold homes, 64% were sold under asking, 23% were sold at asking, and 13% were sold over asking.

Days on Market for DeBary-Orange City, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
40 Days64 Days+59.2%

Summary: Homes in DeBary-Orange City had an average of 64 days on market in Oct 2024, up by 59.2% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 47 homes were sold in DeBary-Orange City; 47% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 21% 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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