Is Debary Plantation, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Debary Plantation is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Debary Plantation was a Seller's Market.

Key Takeaway

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

Housing Prices in Debary Plantation, FL

How much do homes in Debary Plantation, FL cost?

Median Sold Price

$456,000

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,500(+1.4%)

Key Takeaway

Homes in Debary Plantation have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Debary Plantation was $456,000 in November 2024, up 1.4% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $340K$337.5K
-0.7%
3 $440K$419.9K
-4.6%
4 $535K$581.5K
+8.7%
5+ $549K$677.2K
+23.4%

Summary: Debary Plantation housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.7%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 23.4%.

Median Sold Price Compared To Nearby Neighborhoods

Lake Marie Estates
+6.5%
Debary Plantation
+1.4%

Housing Supply in Debary Plantation, FL

How many homes are available in Debary Plantation, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
29290.0%

Summary: The Debary Plantation real estate market had 29 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1110
-9.1%
4 1314
+7.7%
5+ 22
0.0%

Summary: The Debary Plantation housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Debary Plantation, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Debary Plantation in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Debary Plantation, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
58 Days57 Days-3.1%

Summary: Homes in Debary Plantation had an average of 57 days on market in Nov 2024, down by 3.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Debary Plantation; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 22 Days Ago

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