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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing DeLand is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, DeLand has remained a Seller's Market.

Key Takeaway

DeLand is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in DeLand, FL cost?

Median Sold Price

$350,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$51,825(+17.4%)

Key Takeaway

Homes in DeLand have sold for 17.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $92.4K$115K
+24.4%
2 $175K$188.2K
+7.6%
3 $280.2K$325K
+16.0%
4 $350K$417.4K
+19.3%
5+ $375K$450K
+20.0%

Median Sold Price Compared To Nearby Cities

DeLand
+17.4%
Lake Helen
+10.9%

How many homes are available in DeLand, FL?

Number of Homes For Sale

Oct 2022Nov 2022%
207171-17.4%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 4637
-19.6%
3 9169
-24.2%
4 5350
-5.7%
5+ 1715
-11.8%

Number of Homes Sold

Oct 2022Nov 2022%
6030-50.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in DeLand, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
15 Days59 Days+283.5%

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in DeLand 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 DeLand, FL

Homes for sale in DeLand, FL have reached 171. The inventory of homes for sale in DeLand, FL between October 2022 and November 2022 decreased by 17.4%. Listings spent 59 days on the market in November 2022, and had a median list price of $350,000 during the same period. Real estate listing prices changed between October 2022 and November 2022: 1 bedroom properties became 24.4% more expensive, prices of 2 bedrooms properties increased by 7.6%, the cost of 3 bedrooms properties went up by 16%, the cost of 4 bedrooms properties went up by 19.3%, prices of 5 bedrooms properties increased by 20%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 19.6%, the quantity of 3 bedrooms homes went down by 24.2%, 4 bedrooms homes became 5.7% less available, 5 bedrooms homes inventory decreased by 11.8%. While more than 6 listings in DeLand, FL in November 2022 were sold above asking price, there were more than 6 listings sold at asking price, and more than 18 were sold below.

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