Is DeLand, 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, DeLand has remained a Seller's Market.
Housing Prices in DeLand, FL
How much do homes in DeLand, FL cost?
Median Sold Price
$344,933
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in DeLand was $344,933 in April 2024, down 1.1% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $118K | $132K | +11.9% |
2 Bedrooms | $200K | $235K | +17.5% |
3 Bedrooms | $326.3K | $329.4K | +1.0% |
4 Bedrooms | $409K | $399K | -2.4% |
5+ Bedrooms | $459.9K | $475K | +3.3% |
Summary: DeLand housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.9%, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 3.3%.
Median Sold Price Compared To Nearby Cities
Lake Helen | $375K | $394.5K | +5.2% |
DeLand | $348.6K | $344.9K | -1.1% |
Housing Supply in DeLand, FL
How many homes are available in DeLand, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
509 | 502 | -1.4% |
Summary: The DeLand real estate market had 502 homes for sale in April 2024, a 1.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 81 | 91 | +12.3% |
3 Bedrooms | 248 | 238 | -4.0% |
4 Bedrooms | 142 | 139 | -2.1% |
5+ Bedrooms | 37 | 33 | -10.8% |
Summary: The DeLand 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 increased by 12.3%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 10.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
106 | 113 | +6.6% |
Asking Price vs. Sold Price
72 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 113 homes were sold or pending in DeLand in April 2024, up by 6.6% month-over-month. Of the 113 sold homes, 64% were sold under asking, 20% were sold at asking, and 16% were sold over asking.
Days on Market for DeLand, FL
How long does it take to sell a home in DeLand, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
57 Days | 43 Days | -24.7% |
Summary: Homes in DeLand had an average of 43 days on market in Apr 2024, down by 24.7% compared to last year.
Breakdown of Home Sale Times
64 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During April 2024, 113 homes were sold in DeLand; 57% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.