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 May 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
$350,250
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in DeBary-Orange City have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in DeBary-Orange City was $350,250 in May 2024, up 6.1% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $118.7K | -1.0% |
| 2 Bedrooms | $235K | $245K | +4.3% |
| 3 Bedrooms | $321.3K | $339.8K | +5.8% |
| 4 Bedrooms | $425K | $433.5K | +2.0% |
| 5+ Bedrooms | $471K | $510K | +8.3% |
Summary: DeBary-Orange City housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 8.3%.
Median Sold Price Compared To Nearby Cities
| DeBary-Orange City | $329.9K | $350.2K | +6.1% |
| Deltona | $304.7K | $320K | +5.0% |
| DeBary | $375K | $393.2K | +4.8% |
| DeLand | $344.9K | $345.7K | 0.2% |
| Orange City | $308.8K | $305K | -1.2% |
Housing Supply in DeBary-Orange City, FL
How many homes are available in DeBary-Orange City, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 356 | 343 | -3.7% |
Summary: The DeBary-Orange City real estate market had 343 homes for sale in May 2024, a 3.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 41 | 40 | -2.4% |
| 3 Bedrooms | 197 | 189 | -4.1% |
| 4 Bedrooms | 88 | 85 | -3.4% |
| 5+ Bedrooms | 27 | 25 | -7.4% |
Summary: The DeBary-Orange City housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 7.4%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 88 | 93 | +5.7% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
16 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. 47.3% of homes here sold below asking price last month.
Summary: A total of 93 homes were sold or pending in DeBary-Orange City in May 2024, up by 5.7% month-over-month. Of the 93 sold homes, 47% were sold under asking, 35% were sold at asking, and 17% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 43 Days | 58 Days | +34.3% |
Summary: Homes in DeBary-Orange City had an average of 58 days on market in May 2024, up by 34.3% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
16 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 May 2024, 93 homes were sold in DeBary-Orange City; 51% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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