Is Port Orange, 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, Port Orange has remained a Seller's Market.
Housing Prices in Port Orange, FL
How much do homes in Port Orange, FL cost?
Median Sold Price
$365,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Port Orange was $365,000 in April 2024, down 2.7% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $179.5K | $125K | -30.4% |
2 Bedrooms | $260K | $263.5K | +1.3% |
3 Bedrooms | $363K | $370K | +1.9% |
4 Bedrooms | $509.5K | $460K | -9.7% |
5+ Bedrooms | $615K | $759.9K | +23.6% |
Summary: Port Orange housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.4%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes increased by 23.6%.
Median Sold Price Compared To Nearby Cities
South Daytona | $250K | $278.9K | +11.6% |
Daytona Beach Shores | $444K | $445K | 0.2% |
South Peninsula | $502.5K | $500K | -0.5% |
Ponce Inlet | $655K | $650K | -0.8% |
Port Orange | $375K | $365K | -2.7% |
Housing Supply in Port Orange, FL
How many homes are available in Port Orange, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
246 | 263 | +6.9% |
Summary: The Port Orange real estate market had 263 homes for sale in April 2024, a 6.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 66 | 68 | +3.0% |
3 Bedrooms | 127 | 131 | +3.1% |
4 Bedrooms | 44 | 55 | +25.0% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Port Orange housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 49 | +22.5% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in Port Orange in April 2024, up by 22.5% month-over-month. Of the 49 sold homes, 73% were sold under asking, 14% were sold at asking, and 12% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 58 Days | +18.1% |
Summary: Homes in Port Orange had an average of 58 days on market in Apr 2024, up by 18.1% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 49 homes were sold in Port Orange; 49% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.