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 buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

DeBary-Orange City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in DeBary-Orange City, FL

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

Median Sold Price

$355,856

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,021(+2.9%)

Key Takeaway

Homes in DeBary-Orange City have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in DeBary-Orange City was $355,856 in November 2024, up 2.9% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $120K$136.2K
+13.5%
2 $241K$247.7K
+2.8%
3 $335K$342.3K
+2.2%
4 $445K$425K
-4.5%
5+ $495K$455.2K
-8.0%

Summary: DeBary-Orange City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 8%.

Median Sold Price Compared To Nearby Cities

Orange City
+4.9%
Deltona
+3.8%
DeBary-Orange City
+2.9%
DeLand
+2.0%
DeBary
-3.7%

Housing Supply in DeBary-Orange City, FL

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
315324+2.9%

Summary: The DeBary-Orange City real estate market had 324 homes for sale in November 2024, a 2.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 3738
+2.7%
3 177178
+0.6%
4 8085
+6.3%
5+ 2122
+4.8%

Summary: The DeBary-Orange City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 4.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5445-16.7%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

5 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. 60% of homes here sold below asking price last month.

Summary: A total of 45 homes were sold or pending in DeBary-Orange City in November 2024, down by 16.7% month-over-month. Of the 45 sold homes, 60% were sold under asking, 29% were sold at asking, and 11% 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

Nov 2023Nov 2024CHANGE
47 Days57 Days+21.5%

Summary: Homes in DeBary-Orange City had an average of 57 days on market in Nov 2024, up by 21.5% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

14 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 November 2024, 45 homes were sold in DeBary-Orange City; 40% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 31% 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 17 Days Ago

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