Is Port Orange, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Port Orange was a Seller's Market.
Housing Prices in Port Orange, FL
How much do homes in Port Orange, FL cost?
Median Sold Price
$372,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Port Orange was $372,000 in February 2024, up 0.5% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $179.5K | $125K | -30.4% |
2 Bedrooms | $255K | $258.5K | +1.4% |
3 Bedrooms | $358.9K | $370K | +3.1% |
4 Bedrooms | $454K | $525K | +15.6% |
5+ Bedrooms | $681.5K | $760K | +11.5% |
Summary: Port Orange housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.4%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 11.5%.
Median Sold Price Compared To Nearby Cities
South Daytona | $244.9K | $275K | +12.3% |
Port Orange | $370K | $372K | 0.5% |
South Peninsula | $505K | $500K | -1.0% |
Ponce Inlet | $659K | $652K | -1.1% |
Daytona Beach Shores | $480K | $410K | -14.6% |
Housing Supply in Port Orange, FL
How many homes are available in Port Orange, FL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
185 | 212 | +14.6% |
Summary: The Port Orange real estate market had 212 homes for sale in February 2024, a 14.6% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 44 | 58 | +31.8% |
3 Bedrooms | 101 | 112 | +10.9% |
4 Bedrooms | 32 | 35 | +9.4% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Port Orange housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 31.8%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
22 | 22 | 0.0% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Port Orange in February 2024, the same as the previous month. Of the 22 sold homes, 82% were sold under asking, 14% were sold at asking, and 5% were sold over asking.
Days on Market for Port Orange, FL
How long does it take to sell a home in Port Orange, FL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
47 Days | 44 Days | -6.1% |
Summary: Homes in Port Orange had an average of 44 days on market in Feb 2024, down by 6.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 22 homes were sold in Port Orange; 45% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.