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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing DeBary-Orange City is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, DeBary-Orange City has remained a Seller's Market.

Key Takeaway

DeBary-Orange City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in DeBary-Orange City, FL cost?

Median Sold Price

$300,000

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$40,540(+15.6%)

Key Takeaway

Homes in DeBary-Orange City have sold for 15.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $80K$119K
+48.8%
2 $182K$225K
+23.6%
3 $244.9K$299K
+22.1%
4 $330.9K$415K
+25.4%
5+ $352.4K$484K
+37.3%

Median Sold Price Compared To Nearby Cities

Deltona
+25.0%
DeLand
+23.8%
DeBary-Orange City
+15.6%
DeBary
+13.4%
Orange City
+9.4%

How many homes are available in DeBary-Orange City, FL?

Number of Homes For Sale

Jul 2022Aug 2022%
268281+4.9%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 22
0.0%
2 3843
+13.2%
3 149153
+2.7%
4 6767
0.0%
5+ 1216
+33.3%

Number of Homes Sold

Jul 2022Aug 2022%
6380+27.0%

Asking Price vs. Sold Price

36 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in DeBary-Orange City, you may be able to get a good deal. 45% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
17 Days18 Days+5.2%

Breakdown of Home Sale Times

65 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About DeBary-Orange City, FL

Homes for sale in DeBary-Orange City, FL have reached 281. Between July 2022 and August 2022, DeBary-Orange City, FL real estate market has seen increase in the number of listings by 4.9%. In August 2022, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $300,000. This housing market listing prices have changed between July 2022 and August 2022: prices of 1 bedroom properties increased by 48.8%, 2 bedrooms properties became 23.6% more expensive, the cost of 3 bedrooms properties went up by 22.1%, prices of 4 bedrooms properties increased by 25.4%, prices of 5 bedrooms properties increased by 37.3%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, number of 2 bedrooms homes increased by 13.2%, volume of 3 bedrooms homes went up by 2.7%, 4 bedrooms homes did not move, the quantity of 5 bedrooms homes went up by 33.3%. While more than 17 listings in DeBary-Orange City, FL in August 2022 were sold above asking price, there were more than 27 listings sold at asking price, and more than 36 were sold below.

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