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 seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Debary Plantation, FL

How much do homes in Debary Plantation, FL cost?

Median Sold Price

$475,000

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$25,000(+5.6%)

Key Takeaway

Homes in Debary Plantation have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Debary Plantation was $475,000 in September 2024, up 5.6% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $345K$337.5K
-2.2%
3 $445K$445K
0.0%
4 $530K$572K
+7.9%
5+ $549K$677.2K
+23.4%

Summary: Debary Plantation housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 23.4%.

Median Sold Price Compared To Nearby Neighborhoods

Lake Marie Estates
+16.1%
Debary Plantation
+5.6%

Housing Supply in Debary Plantation, FL

How many homes are available in Debary Plantation, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3228-12.5%

Summary: The Debary Plantation real estate market had 28 homes for sale in September 2024, a 12.5% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 149
-35.7%
4 1112
+9.1%
5+ 43
-25.0%

Summary: The Debary Plantation housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 35.7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
660.0%

Asking Price vs. Sold Price

5 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. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Debary Plantation in September 2024, the same as the previous month. Of the 6 sold homes, 83% were sold under asking, 17% 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

Sep 2023Sep 2024CHANGE
3 Days14 Days+295.5%

Summary: Homes in Debary Plantation had an average of 14 days on market in Sep 2024, up by 295.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were 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 September 2024, 6 homes were sold in Debary Plantation; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% 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 Sep 1, 2024

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