Is DeBary, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, DeBary has remained a Seller's Market.
Key Takeaway
DeBary is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in DeBary, FL
How much do homes in DeBary, FL cost?
Median Sold Price
$399,996
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in DeBary have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in DeBary was $399,996 in March 2024, up 8.3% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $115K | -4.2% |
| 2 Bedrooms | $257.5K | $258.5K | 0.4% |
| 3 Bedrooms | $357K | $376.4K | +5.5% |
| 4 Bedrooms | $445K | $489.4K | +10.0% |
| 5+ Bedrooms | $488.5K | $524.4K | +7.4% |
Summary: DeBary housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.2%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Cities
| DeBary-Orange City | $320K | $350K | +9.4% |
| DeBary | $369.2K | $399.9K | +8.3% |
| Deltona | $302.9K | $315.1K | +4.0% |
| Orange City | $306.2K | $305K | -0.4% |
Housing Supply in DeBary, FL
How many homes are available in DeBary, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 200 | 198 | -1.0% |
Summary: The DeBary real estate market had 198 homes for sale in March 2024, a 1.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 24 | 27 | +12.5% |
| 3 Bedrooms | 109 | 103 | -5.5% |
| 4 Bedrooms | 53 | 57 | +7.5% |
| 5+ Bedrooms | 14 | 9 | -35.7% |
Summary: The DeBary housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 35.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 40 | +29.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in DeBary, expect to pay close to the asking price. 45% of homes here sold near the asking price last month.
Summary: A total of 40 homes were sold or pending in DeBary in March 2024, up by 29.0% month-over-month. Of the 40 sold homes, 40% were sold under asking, 45% were sold at asking, and 15% were sold over asking.
Days on Market for DeBary, FL
How long does it take to sell a home in DeBary, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 58 Days | 68 Days | +15.8% |
Summary: Homes in DeBary had an average of 68 days on market in Mar 2024, up by 15.8% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in DeBary are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 40 homes were sold in DeBary; 45% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.