Ormond Beach, FL—32176
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Ormond Beach, FL
Home Price Trends — Ormond Beach, FL
As of Oct '25, the median home price in Ormond Beach, FL is $346,000, with a year-over-year change of -8.2%. This indicates that home prices in Ormond Beach, FL are decreasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $346,000 | -8.2% |
| Single Family | $369,000 | -7.3% |
| Condos | $307,000 | -10.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $190,000 | -8.2% |
2 Bed | $288,000 | -9.1% |
3 Bed | $432,000 | -6.7% |
4 Bed | $574,000 | -5.3% |
| 5 Bed | $1,148,000 | -0.7% |
% of Housing Stock
Rental Trends — Ormond Beach, FL
As of July '25, Rentcast reports the average rent in Ormond Beach, FL is $2,430, with a year-over-year rent change of 0.4%. Per bedroom, the median rent as of July '25 in Ormond Beach, FL is 1-bedrooms: $1,670, 2-bedrooms: $2,090, 3-bedrooms: $2,820, 4-bedrooms: $5,520. The most common rental property sizes in Ormond Beach, FL are 2-bedroom and 3-bedroom, accounting for 61.5% and 22.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,430 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,600 | $1,670 |
| 2 Bed Rent | $2,000 | $2,090 |
| 3 Bed Rent | $2,600 | $2,820 |
| 4 Bed Rent | $4,000 | $5,520 |
% of Rental Stock
Property Listings — Ormond Beach, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Ormond Beach, FL is 93. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $415,000 | 4.0% |
Listing Count | 336 | -1.0% |
| Listings as % of Homes | 2.0% | -1.0% |
Days on Market | 93 | -2.0% |
Demographics — Ormond Beach, FL
As of the latest ACS Survey released in 2023, Ormond Beach, FL has a population of 14,300, which has decreased by -1.9% over the past 5 years. Ormond Beach, FL is a less popular place for families, as children make up 10.4% of the population. The area has a moderately educated workforce, with 37.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 25.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,300 | -1.9% |
% Under 18 | 10.4% | -10.3% |
% Seniors | 37.1% | 5.1% |
% WFH | 25.0% | 129.4% |
% w/ College Degree | 37.9% | 15.9% |
As of the latest ACS Survey released in 2023, Ormond Beach, FL is a predominantly white area, with 88.5% of the population identifying as white. The white population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in Ormond Beach, FL is hispanic, making up 4.9% of the population. Foreign-born residents account for 6.3% of the population in Ormond Beach, FL, and this percentage has decreased by 21.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.5% | -3.2% |
% Black | 2.0% | 25.0% |
% Hispanic | 4.9% | 4.3% |
% Asian | 1.7% | 88.9% |
% Foreign Born | 6.3% | -21.3% |
Mortgage and Risk — Ormond Beach, FL
According to HUD data as of 2023, there were 351 mortgage originations in Ormond Beach, FL, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Ormond Beach, FL. Investor activity is low, as 3.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 351 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 3.0% |
% Second Loans | 15.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Ormond Beach, FL
As of 2024, the percent of homes in Ormond Beach, FL under the Section 8 program is 1.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Ormond Beach, FL, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 20 |
Total Units Section 8 | 20 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | 74.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$90 | $1,600 | $1,510 |
| 2 Bedroom | -$150 | $2,000 | $1,850 |
| 3 Bedroom | -$170 | $2,600 | $2,430 |
| 4 Bedroom | -$1,390 | $4,000 | $2,610 |
Affordability — Ormond Beach, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $346,000 |
| Median Household Income | $72,200 |