Is Deltona Lakes, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Deltona Lakes is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Deltona Lakes was a Seller's Market.

Key Takeaway

Deltona Lakes is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Deltona Lakes, FL

How much do homes in Deltona Lakes, FL cost?

Median Sold Price

$310,000

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,918(+3.0%)

Key Takeaway

Homes in Deltona Lakes have sold for 3% more than they did a year ago.

Summary: The median home sold price in Deltona Lakes was $310,000 in November 2024, up 3% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $111K$165K
+48.6%
2 $235K$245K
+4.3%
3 $300K$306.8K
+2.3%
4 $358.9K$374.9K
+4.5%
5+ $400.1K$442.5K
+10.6%

Summary: Deltona Lakes housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.6%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 10.6%.

Housing Supply in Deltona Lakes, FL

How many homes are available in Deltona Lakes, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
547553+1.1%

Summary: The Deltona Lakes real estate market had 553 homes for sale in November 2024, a 1.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 6271
+14.5%
3 338330
-2.4%
4 129128
-0.8%
5+ 1723
+35.3%

Summary: The Deltona Lakes 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 2.4%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 35.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
9087-3.3%

Asking Price vs. Sold Price

42 Homes Were Sold
Under Asking

28 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Deltona Lakes, you may be able to get a good deal. 48.3% of homes here sold below asking price last month.

Summary: A total of 87 homes were sold or pending in Deltona Lakes in November 2024, down by 3.3% month-over-month. Of the 87 sold homes, 48% were sold under asking, 32% were sold at asking, and 20% were sold over asking.

Days on Market for Deltona Lakes, FL

How long does it take to sell a home in Deltona Lakes, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days52 Days+81.1%

Summary: Homes in Deltona Lakes had an average of 52 days on market in Nov 2024, up by 81.1% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

35 Homes Were Sold
In 30 - 90 Days

17 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 87 homes were sold in Deltona Lakes; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 18 Days Ago

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