Is Volusia County, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Volusia County is a neutral's market

Buyer's
Market

Difference Since August 2023

At the same time last year, Volusia County was a Seller's Market.

Key Takeaway

Volusia County 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 Volusia County, FL

How much do homes in Volusia County, FL cost?

Median Sold Price

$349,998

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$10,612(+3.1%)

Key Takeaway

Homes in Volusia County have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Volusia County was $349,998 in August 2024, up 3.1% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $180K$185K
+2.8%
2 $262.2K$278.4K
+6.2%
3 $329.7K$340K
+3.1%
4 $391.3K$405.2K
+3.5%
5+ $459.9K$491.7K
+6.9%

Summary: Volusia County housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 6.9%.

Median Sold Price Compared To Nearby Counties

Seminole County
+4.4%
Volusia County
+3.1%
Lake County
+1.7%
Putnam County
-0.1%
Flagler County
-1.9%

Housing Supply in Volusia County, FL

How many homes are available in Volusia County, FL?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
4,2954,387+2.1%

Summary: The Volusia County real estate market had 4,387 homes for sale in August 2024, a 2.1% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 163160
-1.8%
2 988999
+1.1%
3 2,0352,062
+1.3%
4 864907
+5.0%
5+ 245259
+5.7%

Summary: The Volusia County housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 1.8%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 5.7%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
679691+1.8%

Asking Price vs. Sold Price

418 Homes Were Sold
Under Asking

183 Homes Were Sold
At Asking

90 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Volusia County, you may be able to get a good deal. 60.5% of homes here sold below asking price last month.

Summary: A total of 691 homes were sold or pending in Volusia County in August 2024, up by 1.8% month-over-month. Of the 691 sold homes, 60% were sold under asking, 26% were sold at asking, and 13% were sold over asking.

Days on Market for Volusia County, FL

How long does it take to sell a home in Volusia County, FL?

Average Sale Time

Aug 2023Aug 2024CHANGE
43 Days63 Days+47.8%

Summary: Homes in Volusia County had an average of 63 days on market in Aug 2024, up by 47.8% compared to last year.

Breakdown of Home Sale Times

287 Homes Were Sold
Under 30 Days

241 Homes Were Sold
In 30 - 90 Days

163 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 691 homes were sold in Volusia County; 42% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 24% 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 5 Days Ago

Newest Listings in Volusia County, FL

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