Is South Daytona, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, South Daytona was a Seller's Market.
Key Takeaway
South Daytona is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in South Daytona, FL
How much do homes in South Daytona, FL cost?
Median Sold Price
$278,995
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in South Daytona have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in South Daytona was $278,995 in June 2024, up 11.5% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $136K | N/A |
| 2 Bedrooms | $178.2K | $162K | -9.1% |
| 3 Bedrooms | $269.9K | $290.9K | +7.8% |
| 4 Bedrooms | $325K | $330K | +1.5% |
| 5+ Bedrooms | $392.5K | $1.5M | +283.4% |
Summary: South Daytona housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 283.4%.
Median Sold Price Compared To Nearby Cities
| South Daytona | $250.2K | $278.9K | +11.5% |
| Daytona Beach | $269.8K | $298.9K | +10.8% |
| Port Orange | $375K | $356.9K | -4.8% |
| South Peninsula | $525K | $494K | -5.9% |
Housing Supply in South Daytona, FL
How many homes are available in South Daytona, FL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 80 | 76 | -5.0% |
Summary: The South Daytona real estate market had 76 homes for sale in June 2024, a 5.0% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 32 | 31 | -3.1% |
| 3 Bedrooms | 40 | 36 | -10.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Daytona housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Daytona, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in South Daytona in June 2024, down by 7.7% month-over-month. Of the 12 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for South Daytona, FL
How long does it take to sell a home in South Daytona, FL?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 36 Days | 41 Days | +14.6% |
Summary: Homes in South Daytona had an average of 41 days on market in Jun 2024, up by 14.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in South Daytona has remained consistent over time.
Summary: During June 2024, 12 homes were sold in South Daytona; 42% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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