$4,275 Closing Credit*
$359,990
1,672 SqFt
3 Beds
•2 Full Baths
Jay Love, Listing Office: D R HORTON REALTY OF CENTRAL FLORIDA LLC
Is Ormond Beach, 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, Ormond Beach was a Seller's Market.
Key Takeaway
Ormond Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ormond Beach, FL
How much do homes in Ormond Beach, FL cost?
Median Sold Price
$403,815
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,408(-1.1%)
Key Takeaway
Homes in Ormond Beach have sold for 1.1% less than they did a year ago.
Summary: The median home sold price in Ormond Beach was $403,815 in November 2024, down 1.1% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $215K | +16.2% |
| 2 Bedrooms | $330K | $320.8K | -2.8% |
| 3 Bedrooms | $417.2K | $400K | -4.1% |
| 4 Bedrooms | $549.9K | $580K | +5.5% |
| 5+ Bedrooms | $725K | $692.3K | -4.5% |
Summary: Ormond Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.2%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 4.5%.
Median Sold Price Compared To Nearby Cities
| Daytona Beach | $299.5K | $309.9K | +3.5% |
| North Peninsula | $356.1K | $356.6K | 0.1% |
| Ormond Beach | $408.2K | $403.8K | -1.1% |
| Central Volusia | $467.4K | $457.4K | -2.1% |
| Holly Hill | $254.4K | $245K | -3.7% |
Housing Supply in Ormond Beach, FL
How many homes are available in Ormond Beach, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,175 | 1,153 | -1.9% |
Summary: The Ormond Beach real estate market had 1,153 homes for sale in November 2024, a 1.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 13 | +8.3% |
| 2 Bedrooms | 327 | 343 | +4.9% |
| 3 Bedrooms | 513 | 491 | -4.3% |
| 4 Bedrooms | 252 | 236 | -6.3% |
| 5+ Bedrooms | 71 | 70 | -1.4% |
Summary: The Ormond Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 4.9%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 1.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 127 | 70 | -44.9% |
Asking Price vs. Sold Price
50 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ormond Beach, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 70 homes were sold or pending in Ormond Beach in November 2024, down by 44.9% month-over-month. Of the 70 sold homes, 71% were sold under asking, 21% were sold at asking, and 7% were sold over asking.
Days on Market for Ormond Beach, FL
How long does it take to sell a home in Ormond Beach, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 110 Days | 96 Days | -13.2% |
Summary: Homes in Ormond Beach had an average of 96 days on market in Nov 2024, down by 13.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Ormond Beach has remained consistent over time.
Summary: During November 2024, 70 homes were sold in Ormond Beach; 23% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
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