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 buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in South Daytona, FL

How much do homes in South Daytona, FL cost?

Median Sold Price

$275,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,100(+10.9%)

Key Takeaway

Homes in South Daytona have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in South Daytona was $275,000 in November 2024, up 10.9% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $145K$127K
-12.4%
2 $154.9K$151.4K
-2.3%
3 $290.5K$294K
+1.2%
4 $320K$375K
+17.2%
5+ $730K$1.6M
+119.2%

Summary: South Daytona housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.4%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 119.2%.

Median Sold Price Compared To Nearby Cities

South Daytona
+10.9%
Daytona Beach
+3.5%
Port Orange
-0.6%
South Peninsula
-1.1%

Housing Supply in South Daytona, FL

How many homes are available in South Daytona, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
172165-4.1%

Summary: The South Daytona real estate market had 165 homes for sale in November 2024, a 4.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 8381
-2.4%
3 7368
-6.8%
4 77
0.0%
5+ 66
0.0%

Summary: The South Daytona 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 decreased by 2.4%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
268-69.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were 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. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in South Daytona in November 2024, down by 69.2% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
83 Days112 Days+34.4%

Summary: Homes in South Daytona had an average of 112 days on market in Nov 2024, up by 34.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in South Daytona are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 8 homes were sold in South Daytona; 13% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 50% 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

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