DeLand is leaning toward a seller’s market right now, with a market gauge of 32 out of 100. Homes typically list around $392,250, while the typical home value sits close to $375,000. Inventory is relatively limited at 272 homes, with about 3.3 months of supply available.
Prices have been edging up, with typical home values rising 2.04% since last month and 1.08% over the past year. At the same time, inventory is down 18.56% year over year, even though it ticked up 1.49% from last month, and new listings are just 0.92% higher than a year ago.
Homes are taking longer to sell overall, spending a median of 78 days on the market, which is still 39.29% higher than last year, but slightly faster than last month. Buyers are seeing some flexibility, with about 41.9% of listings cutting prices and homes selling for roughly 97.4% of the list price, while only 13.4% sell above asking. Compared with Volusia County’s typical home value of $349,850, DeLand sits a bit higher at $375,000, and values are projected to reach about $378,750 next month as inventory edges up to 274. Whether buyers want to navigate these mixed signals or sellers hope to price correctly in a shifting market, Agent Pronto can connect them with a local DeLand agent who knows how to guide the process.
