Is DeBary, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing DeBary is a seller's market

Buyer's
Market

Difference Since November 2022

At the same time last year, DeBary was a Buyer'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

$399,998

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2022

+$60,067(+17.7%)

Key Takeaway

Homes in DeBary have sold for 17.7% more than they did a year ago.

Summary: The median home sold price in DeBary was $399,998 in November 2023, up 17.7% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $103.7K$120K
+15.7%
2 $249.9K$259K
+3.6%
3 $325K$365K
+12.3%
4 $443.5K$477.4K
+7.7%
5+ $530.5K$499.9K
-5.8%

Summary: DeBary housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 15.7%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 5.8%.

Median Sold Price Compared To Nearby Cities

DeBary
+17.7%
DeBary-Orange City
+12.8%
Deltona
+2.9%
Orange City
-0.1%

Housing Supply in DeBary, FL

How many homes are available in DeBary, FL?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
198182-8.1%

Summary: The DeBary real estate market had 182 homes for sale in November 2023, a 8.1% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 22
0.0%
2 2217
-22.7%
3 9995
-4.0%
4 6056
-6.7%
5+ 1512
-20.0%

Summary: The DeBary housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.7%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE
4136-12.2%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in DeBary, you may be able to get a good deal. 52.8% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in DeBary in November 2023, down by 12.2% month-over-month. Of the 36 sold homes, 53% were sold under asking, 25% were sold at asking, and 22% 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

Nov 2022Nov 2023CHANGE
32 Days60 Days+86.0%

Summary: Homes in DeBary had an average of 60 days on market in Nov 2023, up by 86% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2023, 36 homes were sold in DeBary; 42% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 19% 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 6 Days Ago

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