$200,000
2.52 Acres
Land
Christian Holzman, Listing Office: BEE REALTY CORP
Is DeLand, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$349,993
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,168(+3.0%)
Key Takeaway
Homes in DeLand have sold for 3% more than they did a year ago.
Summary: The median home sold price in DeLand was $349,993 in October 2024, up 3% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $58K | $144K | +148.3% |
| 2 Bedrooms | $218.8K | $250K | +14.3% |
| 3 Bedrooms | $325K | $333.3K | +2.6% |
| 4 Bedrooms | $390K | $409.2K | +4.9% |
| 5+ Bedrooms | $440.1K | $474.4K | +7.8% |
Summary: DeLand housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 148.3%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 7.8%.
Median Sold Price Compared To Nearby Cities
| DeLand | $339.8K | $349.9K | +3.0% |
| Lake Helen | $403K | $359.5K | -10.8% |
Housing Supply in DeLand, FL
How many homes are available in DeLand, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 613 | 622 | +1.5% |
Summary: The DeLand real estate market had 622 homes for sale in October 2024, a 1.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 76 | 76 | 0.0% |
| 3 Bedrooms | 313 | 320 | +2.2% |
| 4 Bedrooms | 174 | 177 | +1.7% |
| 5+ Bedrooms | 49 | 48 | -2.0% |
Summary: The DeLand 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 2.2%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 88 | 84 | -4.5% |
Asking Price vs. Sold Price
55 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in DeLand, you may be able to get a good deal. 65.5% of homes here sold below asking price last month.
Summary: A total of 84 homes were sold or pending in DeLand in October 2024, down by 4.5% month-over-month. Of the 84 sold homes, 65% were sold under asking, 23% were sold at asking, and 12% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 55 Days | +21.7% |
Summary: Homes in DeLand had an average of 55 days on market in Oct 2024, up by 21.7% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
31 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in DeLand are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 84 homes were sold in DeLand; 43% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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