Is DeBary-Orange City, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, DeBary-Orange City has remained a Seller's Market.
Key Takeaway
DeBary-Orange City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in DeBary-Orange City, FL
How much do homes in DeBary-Orange City, FL cost?
Median Sold Price
$350,485
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in DeBary-Orange City have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in DeBary-Orange City was $350,485 in April 2024, up 8.5% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $107.5K | -10.4% |
| 2 Bedrooms | $239K | $244.9K | +2.5% |
| 3 Bedrooms | $315K | $335.5K | +6.5% |
| 4 Bedrooms | $422.5K | $457.1K | +8.2% |
| 5+ Bedrooms | $471K | $499.9K | +6.1% |
Summary: DeBary-Orange City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.4%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 6.1%.
Median Sold Price Compared To Nearby Cities
| DeBary-Orange City | $323.1K | $350.4K | +8.5% |
| DeBary | $370.6K | $397.8K | +7.3% |
| Deltona | $304K | $318.2K | +4.7% |
| Orange City | $305K | $305K | 0.0% |
| DeLand | $348.6K | $344.9K | -1.1% |
Housing Supply in DeBary-Orange City, FL
How many homes are available in DeBary-Orange City, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 354 | 320 | -9.6% |
Summary: The DeBary-Orange City real estate market had 320 homes for sale in April 2024, a 9.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 45 | 43 | -4.4% |
| 3 Bedrooms | 204 | 175 | -14.2% |
| 4 Bedrooms | 86 | 79 | -8.1% |
| 5+ Bedrooms | 16 | 20 | +25.0% |
Summary: The DeBary-Orange City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 14.2%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 87 | 84 | -3.4% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in DeBary-Orange City, you may be able to get a good deal. 46.4% of homes here sold below asking price last month.
Summary: A total of 84 homes were sold or pending in DeBary-Orange City in April 2024, down by 3.4% month-over-month. Of the 84 sold homes, 46% were sold under asking, 33% were sold at asking, and 20% were sold over asking.
Days on Market for DeBary-Orange City, FL
How long does it take to sell a home in DeBary-Orange City, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 49 Days | 47 Days | -4.9% |
Summary: Homes in DeBary-Orange City had an average of 47 days on market in Apr 2024, down by 4.9% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in DeBary-Orange City are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 84 homes were sold in DeBary-Orange City; 56% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.