Ormond Beach, FL Home Values & Market Trends
Real estate market trends reflect that there have been 1,579 transactions over the past year in Ormond Beach. The median value for residential home transactions that occurred over the previous year is $395,418.78. The number of current listings in Ormond Beach is 523, and the percentage of properties for sale in the city is 523.00%. Ormond Beach, FL currently has 151 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 523 properties for sale.
Ormond Beach, FL Real Estate Market Overview
Housing Market Summary for Ormond Beach, FL
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $467.4K | $396K | -15.27% |
Median Sold Price | $393.2K | $396K | 0.71% |
Homes For Sale | 348 | 498 | 43.10% |
Homes Sold | 1,030 | 990 | -3.88% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Ormond Beach, FL
Browse Homes in Ormond Beach, FL
Ormond Beach home values range from $28,194 to $9,021,812. The median estimated value of a home in Ormond Beach is $395,418.78. The median list price of a home is 435,000, and the total count of properties in the city is 31,167.
- Pre-ForeclosurePre-foreclosure homes account for 0.47% of all residential properties in Ormond Beach, FL with 32174 containing 117 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Ormond Beach, FL; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,824,464 in 32176 to the lowest home value of $169,000 in 32174.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Ormond Beach, FL ranges from the highest value of $414,000 in 32176 to the lowest value of $414,000 in 32176. Bank owned homes and properties account for 0.00% of properties in Ormond Beach, FL. There are 2 zips within Ormond Beach, FL; 32176 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions32176 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Ormond Beach, FL. Auction homes and other auction properties account for 0.01% of all properties in Ormond Beach, FL. There are 2 zips within Ormond Beach, FL; of those zips, the median estimated home value for homes going to auction ranges from $942,183 in 32176 to the lowest value of $432,537 in 32176.
Compare Nearby Cities
More Real Estate Resources for Ormond Beach, FL
Guide for Ormond Beach, FL
The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.
This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.
Miami’s real estate market is on an upward trend, with the average property value and selling price per square foot increasing from 2023 to 2024. The surrounding cities’ markets vary, with some offering more affordable options. The data suggests a healthy investment opportunity, especially in the high-demand for-sale market.
The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.