$4,014 Closing Credit*
$337,990
1,731 SqFt
3 Beds
•2 Full Baths
Nicole Mickle, Listing Office: OLYMPUS EXECUTIVE REALTY INC
Is DeLand, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, DeLand was a Seller's Market.
Key Takeaway
DeLand is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in DeLand, FL
How much do homes in DeLand, FL cost?
Median Sold Price
$349,999
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,847(+2.0%)
Key Takeaway
Homes in DeLand have sold for 2% more than they did a year ago.
Summary: The median home sold price in DeLand was $349,999 in November 2024, up 2% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $58K | $144K | +148.3% |
| 2 Bedrooms | $220K | $250K | +13.6% |
| 3 Bedrooms | $325K | $332.5K | +2.3% |
| 4 Bedrooms | $395K | $408.9K | +3.5% |
| 5+ Bedrooms | $474K | $473.6K | -0.1% |
Summary: DeLand housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 148.3%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 0.1%.
Median Sold Price Compared To Nearby Cities
| DeLand | $343.1K | $349.9K | +2.0% |
| Lake Helen | $420K | $390K | -7.1% |
Housing Supply in DeLand, FL
How many homes are available in DeLand, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 677 | 670 | -1.0% |
Summary: The DeLand real estate market had 670 homes for sale in November 2024, a 1.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 83 | 95 | +14.5% |
| 3 Bedrooms | 342 | 328 | -4.1% |
| 4 Bedrooms | 201 | 198 | -1.5% |
| 5+ Bedrooms | 50 | 48 | -4.0% |
Summary: The DeLand 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 increased by 14.5%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 98 | 91 | -7.1% |
Asking Price vs. Sold Price
69 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in DeLand, you may be able to get a good deal. 75.8% of homes here sold below asking price last month.
Summary: A total of 91 homes were sold or pending in DeLand in November 2024, down by 7.1% month-over-month. Of the 91 sold homes, 76% were sold under asking, 10% were sold at asking, and 14% were sold over asking.
Days on Market for DeLand, FL
How long does it take to sell a home in DeLand, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 63 Days | 70 Days | +10.9% |
Summary: Homes in DeLand had an average of 70 days on market in Nov 2024, up by 10.9% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
27 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in DeLand has remained consistent over time.
Summary: During November 2024, 91 homes were sold in DeLand; 32% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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