Is Orange City, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Orange City is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Orange City was a Seller's Market.

Key Takeaway

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

Housing Prices in Orange City, FL

How much do homes in Orange City, FL cost?

Median Sold Price

$320,000

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+4.9%)

Key Takeaway

Homes in Orange City have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Orange City was $320,000 in November 2024, up 4.9% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $100K$225K
+125.0%
2 $231.9K$230K
-0.8%
3 $309.1K$319K
+3.2%
4 $378K$382.9K
+1.3%
5+ $382.5K$437.9K
+14.5%

Summary: Orange City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 125%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 14.5%.

Median Sold Price Compared To Nearby Cities

Orange City
+4.9%
Deltona
+3.8%
DeBary-Orange City
+2.9%
DeBary
-3.7%

Housing Supply in Orange City, FL

How many homes are available in Orange City, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1201200.0%

Summary: The Orange City real estate market had 120 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 1616
0.0%
3 8182
+1.2%
4 1919
0.0%
5+ 43
-25.0%

Summary: The Orange City 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 increased by 1.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1815-16.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Orange City, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Orange City in November 2024, down by 16.7% month-over-month. Of the 15 sold homes, 53% were sold under asking, 33% were sold at asking, and 13% were sold over asking.

Days on Market for Orange City, FL

How long does it take to sell a home in Orange City, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days51 Days+119.8%

Summary: Homes in Orange City had an average of 51 days on market in Nov 2024, up by 119.8% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 15 homes were sold in Orange City; 47% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% 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 17 Days Ago

Newest Listings in Orange City, FL

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