Ormond Beach, FL Home Values & Market Trends

Real estate market trends reflect that there have been 1,436 transactions over the past year in Ormond Beach. The median value for residential home transactions that occurred over the previous year is $401,640.87. The number of current listings in Ormond Beach is 542, and the percentage of properties for sale in the city is 542.00%. Ormond Beach, FL currently has 147 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 542 properties for sale.

Ormond Beach, FL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
32174

$ 425,000

$ 222/sqft

32176

$ 439,900

$ 319/sqft

Housing Market Summary for Ormond Beach, FL

Apr 2023March 2024Change
Median Listing Price$465K$396.6K-14.71%
Median Sold Price$394.3K$396.6K0.57%
Homes For Sale36150840.72%
Homes Sold954849-11.01%
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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%.

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Browse Homes in Ormond Beach, FL

Ormond Beach home values range from $28,540 to $9,432,537. The median estimated value of a home in Ormond Beach is $401,640.87. The median list price of a home is 435,000, and the total count of properties in the city is 31,171.

Foreclosure
There are 2 zips within Ormond Beach, FL; within these zips, the median estimated home value for homes in foreclosure ranges from $3,600,000 in 32174 to the lowest value of $169,000 in 32174. Foreclosure homes account for 0.00% of properties in Ormond Beach, FL with 32174 containing 113 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.47% of all residential properties in Ormond Beach, FL with 32174 containing 113 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 $1,802,247 in 32176 to the lowest home value of $169,000 in 32174.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Ormond Beach, FL ranges from the highest value of $405,000 in 32176 to the lowest value of $405,000 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.
  • Auctions
    32176 has 1 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 0.00% 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 $822,755 in 32176 to the lowest value of $822,755 in 32176.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.74% of residential properties in Ormond Beach, FL with 32174 containing 329 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Ormond Beach, FL; homes for sale in those zips, have a range of median values from $4,650,000 in 32176 to the lowest value of $98,252 in 32174.
    Sold Homes
    The median value for recently sold homes ranges from $6,268,200 in 32176 to the lowest price of $28,540 in 32176. There are 2 zips within Ormond Beach, FL. 32174 has 574 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.77% of properties in Ormond Beach, FL.

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      Guide for Ormond Beach, FL

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      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

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      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      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.

      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      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.