Is South Daytona, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Daytona is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, South Daytona was a Buyer's Market.

Key Takeaway

South Daytona 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 South Daytona, FL

How much do homes in South Daytona, FL cost?

Median Sold Price

$276,995

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$31,995(+13.1%)

Key Takeaway

Homes in South Daytona have sold for 13.1% more than they did a year ago.

Summary: The median home sold price in South Daytona was $276,995 in October 2024, up 13.1% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $145K$127K
-12.4%
2 $169K$152.2K
-9.9%
3 $278.2K$285K
+2.4%
4 $320K$382K
+19.4%
5+ $445K$1.5M
+238.2%

Summary: South Daytona housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.4%, 2 bedroom homes decreased by 9.9%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 238.2%.

Median Sold Price Compared To Nearby Cities

South Daytona
+13.1%
Daytona Beach
+3.8%
Port Orange
-3.7%
South Peninsula
-12.0%

Housing Supply in South Daytona, FL

How many homes are available in South Daytona, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6368+7.9%

Summary: The South Daytona real estate market had 68 homes for sale in October 2024, a 7.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 2428
+16.7%
3 3435
+2.9%
4 22
0.0%
5+ 22
0.0%

Summary: The South Daytona 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 increased by 16.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Daytona, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in South Daytona in October 2024, up by 83.3% month-over-month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% were sold over asking.

Days on Market for South Daytona, FL

How long does it take to sell a home in South Daytona, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days65 Days+227.7%

Summary: Homes in South Daytona had an average of 65 days on market in Oct 2024, up by 227.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in South Daytona has remained consistent over time.

Summary: During October 2024, 11 homes were sold in South Daytona; 18% of homes were sold within 30 days, 55% 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 16 Days Ago

Newest Listings in South Daytona, FL

Nearby Markets to South Daytona, FL

What housing markets are near South Daytona, FL?