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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Orange City is a seller's market

Buyer's
Market

Difference Since August 2021

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

Key Takeaway

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

How much do homes in Orange City, FL cost?

Median Sold Price

$279,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$24,000(+9.4%)

Key Takeaway

Homes in Orange City have sold for 9.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 -$193.5K
N/A
2 $184.9K$197.5K
+6.8%
3 $249.2K$287.5K
+15.3%
4 $283.9K$380K
+33.8%
5+ $328.9K$461K
+40.2%

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 Orange City, FL?

Number of Homes For Sale

Jul 2022Aug 2022%
4856+16.7%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 611
+83.3%
3 2627
+3.8%
4 1415
+7.1%
5+ 23
+50.0%

Number of Homes Sold

Jul 2022Aug 2022%
12120.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Orange City, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Average Sale Time

Aug 2021Aug 2022%
38 Days13 Days-65.1%

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 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 Orange City, FL

There are 56 homes are for sale in Orange City, FL real estate market. The number of homes for sale in Orange City, FL increased by 16.7% between July 2022 and August 2022. In August 2022, listings were on the market for 13 days. During the same period, the median list price in this real estate market was $279,000. Listing prices have changed in this real estate market between July 2022 and August 2022: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties increased by 6.8%, prices of 3 bedrooms properties went up by 15.3%, 4 bedrooms properties prices increased by 33.8%, prices of 5 bedrooms properties went up by 40.2%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory increased by 83.3%, 3 bedrooms homes became 3.8% more available, 4 bedrooms homes became 7.1% more available, volume of 5 bedrooms homes went up by 50%. In August 2022, from all listings sold in Orange City, FL there were more than 2 sold above asking price, over 4 sold below and more than 6 were sold right at the asked price.

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