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 March 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

$294,695

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$30,529(+11.6%)

Key Takeaway

Homes in Daytona Beach have sold for 11.6% more than they did a year ago.

Summary: The median home sold price in Daytona Beach was $294,695 in March 2024, up 11.6% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $155K$152.5K
-1.6%
2 $250K$251.6K
+0.7%
3 $280K$310K
+10.7%
4 $360K$399K
+10.8%
5+ $427.8K$409.1K
-4.4%

Summary: Daytona Beach housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 4.4%.

Median Sold Price Compared To Nearby Cities

Daytona Beach
+11.6%
South Daytona
+11.6%
Holly Hill
+6.0%
Port Orange
-1.3%
Daytona Beach Shores
-2.9%

Housing Supply in Daytona Beach, FL

How many homes are available in Daytona Beach, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
587671+14.3%

Summary: The Daytona Beach real estate market had 671 homes for sale in March 2024, a 14.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 8696
+11.6%
2 209248
+18.7%
3 206230
+11.7%
4 7080
+14.3%
5+ 1617
+6.3%

Summary: The Daytona Beach housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.6%, 2 bedroom homes increased by 18.7%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 6.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
5664+14.3%

Asking Price vs. Sold Price

46 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

10 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. 71.9% of homes here sold below asking price last month.

Summary: A total of 64 homes were sold or pending in Daytona Beach in March 2024, up by 14.3% month-over-month. Of the 64 sold homes, 72% were sold under asking, 13% were sold at asking, and 16% 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

Mar 2023Mar 2024CHANGE
46 Days70 Days+50.8%

Summary: Homes in Daytona Beach had an average of 70 days on market in Mar 2024, up by 50.8% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

18 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 64 homes were sold in Daytona Beach; 41% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 28% 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 24 Days Ago

Newest Listings in Daytona Beach, FL

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