Is Orange City, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Orange City has remained a Seller's Market.
Housing Prices in Orange City, FL
How much do homes in Orange City, FL cost?
Median Sold Price
$309,650
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Orange City was $309,650 in June 2024, up 0.9% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $225K | +125.0% |
2 Bedrooms | $230K | $230K | 0.0% |
3 Bedrooms | $309.5K | $312.5K | +1.0% |
4 Bedrooms | $378.7K | $382.9K | +1.1% |
5+ Bedrooms | $420K | $429.9K | +2.4% |
Summary: Orange City housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 125%, 2 bedroom homes did not change, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Cities
DeBary-Orange City | $335K | $352.3K | +5.2% |
Deltona | $304.3K | $320K | +5.1% |
DeBary | $385K | $391.4K | +1.7% |
Orange City | $307K | $309.6K | +0.9% |
Housing Supply in Orange City, FL
How many homes are available in Orange City, FL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
163 | 157 | -3.7% |
Summary: The Orange City real estate market had 157 homes for sale in June 2024, a 3.7% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 17 | 15 | -11.8% |
3 Bedrooms | 107 | 104 | -2.8% |
4 Bedrooms | 28 | 29 | +3.6% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Orange City housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
45 | 30 | -33.3% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Orange City in June 2024, down by 33.3% month-over-month. Of the 30 sold homes, 57% were sold under asking, 27% were sold at asking, and 17% were sold over asking.
Days on Market for Orange City, FL
How long does it take to sell a home in Orange City, FL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
32 Days | 54 Days | +70.6% |
Summary: Homes in Orange City had an average of 54 days on market in Jun 2024, up by 70.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During June 2024, 30 homes were sold in Orange City; 43% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.