Is DeLand, 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, DeLand has remained a Seller's Market.
Housing Prices in DeLand, FL
How much do homes in DeLand, FL cost?
Median Sold Price
$345,707
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in DeLand was $345,707 in May 2024, up 0.2% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $118K | $132.5K | +12.3% |
2 Bedrooms | $205K | $235.6K | +14.9% |
3 Bedrooms | $324.9K | $330K | +1.5% |
4 Bedrooms | $407.7K | $396.2K | -2.8% |
5+ Bedrooms | $460K | $473.9K | +3.0% |
Summary: DeLand housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.3%, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 3%.
Median Sold Price Compared To Nearby Cities
DeLand | $344.9K | $345.7K | 0.2% |
Lake Helen | $357.5K | $351K | -1.8% |
Housing Supply in DeLand, FL
How many homes are available in DeLand, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
544 | 567 | +4.2% |
Summary: The DeLand real estate market had 567 homes for sale in May 2024, a 4.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 91 | 80 | -12.1% |
3 Bedrooms | 262 | 266 | +1.5% |
4 Bedrooms | 153 | 175 | +14.4% |
5+ Bedrooms | 37 | 44 | +18.9% |
Summary: The DeLand housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 12.1%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 18.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
120 | 109 | -9.2% |
Asking Price vs. Sold Price
66 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 109 homes were sold or pending in DeLand in May 2024, down by 9.2% month-over-month. Of the 109 sold homes, 61% were sold under asking, 22% were sold at asking, and 17% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
48 Days | 57 Days | +19.2% |
Summary: Homes in DeLand had an average of 57 days on market in May 2024, up by 19.2% compared to last year.
Breakdown of Home Sale Times
55 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
30 Homes Were Sold
Over 90 Days
Summary: During May 2024, 109 homes were sold in DeLand; 50% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.