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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Daytona Beach is a buyer's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Daytona Beach, FL

How much do homes in Daytona Beach, FL cost?

Median Sold Price

$298,996

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$29,163(+10.8%)

Key Takeaway

Homes in Daytona Beach have sold for 10.8% more than they did a year ago.

Summary: The median home sold price in Daytona Beach was $298,996 in June 2024, up 10.8% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $155.5K$145K
-6.8%
2 $250K$259K
+3.6%
3 $300.3K$309.4K
+3.1%
4 $361.3K$407.5K
+12.8%
5+ $445K$425.5K
-4.4%

Summary: Daytona Beach housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.8%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes decreased by 4.4%.

Median Sold Price Compared To Nearby Cities

South Daytona
+11.5%
Daytona Beach
+10.8%
Holly Hill
+10.6%
Port Orange
-4.8%
Daytona Beach Shores
-6.7%

Housing Supply in Daytona Beach, FL

How many homes are available in Daytona Beach, FL?

Number of Homes For Sale

May 2024Jun 2024CHANGE
753787+4.5%

Summary: The Daytona Beach real estate market had 787 homes for sale in June 2024, a 4.5% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 10099
-1.0%
2 257273
+6.2%
3 269279
+3.7%
4 95105
+10.5%
5+ 3231
-3.1%

Summary: The Daytona Beach housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 1%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 3.1%.

Number of Homes Sold

May 2024Jun 2024CHANGE
10779-26.2%

Asking Price vs. Sold Price

59 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Daytona Beach, you may be able to get a good deal. 74.7% of homes here sold below asking price last month.

Summary: A total of 79 homes were sold or pending in Daytona Beach in June 2024, down by 26.2% month-over-month. Of the 79 sold homes, 75% were sold under asking, 22% were sold at asking, and 4% were sold over asking.

Days on Market for Daytona Beach, FL

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

Average Sale Time

Jun 2023Jun 2024CHANGE
50 Days52 Days+4.0%

Summary: Homes in Daytona Beach had an average of 52 days on market in Jun 2024, up by 4% compared to last year.

Breakdown of Home Sale Times

34 Homes Were Sold
Under 30 Days

35 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 79 homes were sold in Daytona Beach; 43% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 13% 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 26 Days Ago

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