Is DeBary-Orange City, 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-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.
Housing Prices in DeBary-Orange City, FL
How much do homes in DeBary-Orange City, FL cost?
Median Sold Price
$350,071
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in DeBary-Orange City have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in DeBary-Orange City was $350,071 in March 2024, up 9.4% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $107.5K | -10.4% |
| 2 Bedrooms | $239K | $244.9K | +2.5% |
| 3 Bedrooms | $315K | $335K | +6.3% |
| 4 Bedrooms | $416K | $455K | +9.4% |
| 5+ Bedrooms | $477.7K | $465.7K | -2.5% |
Summary: DeBary-Orange City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.4%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 2.5%.
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% |
| DeLand | $350K | $344.4K | -1.6% |
Housing Supply in DeBary-Orange City, FL
How many homes are available in DeBary-Orange City, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 346 | 343 | -0.9% |
Summary: The DeBary-Orange City real estate market had 343 homes for sale in March 2024, a 0.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 3 | +100.0% |
| 2 Bedrooms | 40 | 43 | +7.5% |
| 3 Bedrooms | 209 | 202 | -3.3% |
| 4 Bedrooms | 77 | 81 | +5.2% |
| 5+ Bedrooms | 20 | 14 | -30.0% |
Summary: The DeBary-Orange City 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 7.5%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 62 | 76 | +22.6% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
31 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in DeBary-Orange City, you may be able to get a good deal. 44.7% of homes here sold below asking price last month.
Summary: A total of 76 homes were sold or pending in DeBary-Orange City in March 2024, up by 22.6% month-over-month. Of the 76 sold homes, 45% were sold under asking, 41% were sold at asking, and 14% were sold over asking.
Days on Market for DeBary-Orange City, FL
How long does it take to sell a home in DeBary-Orange City, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 61 Days | 51 Days | -16.8% |
Summary: Homes in DeBary-Orange City had an average of 51 days on market in Mar 2024, down by 16.8% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in DeBary-Orange City are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 76 homes were sold in DeBary-Orange City; 53% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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