The housing market in the Deltona-Daytona Beach-Ormond Beach, FL Metro Area is thriving. The median value of a home in the area is $339,300, which is slightly higher than the US median house value of $338,100. Additionally, the one year house appreciation rate in Deltona-Daytona Beach-Ormond Beach is 16.26%, much higher than the US rate of 8.27%. These figures indicate that there is strong demand for housing in this area and that prices are rising quickly as a result.
The median home cost in Deltona-Daytona Beach-Ormond Beach Metro Area is $339,300. Home appreciation the last 10 years has been 161.2%. Home Appreciation in Deltona-Daytona Beach-Ormond Beach Metro Area is up 25.5%.
Average Age of Homes
- The median age of Deltona-Daytona Beach-Ormond Beach Metro Area real estate is 31 years old
The Rental Market in Deltona-Daytona Beach-Ormond Beach Metro Area
- Renters make up 21.2% of the Deltona-Daytona Beach-Ormond Beach Metro Area population
- 1.2% of houses and apartments in Deltona-Daytona Beach-Ormond Beach Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.