Deland, FL—32720
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Deland, FL
Home Price Trends — Deland, FL
As of Oct '25, the median home price in Deland, FL is $319,000, with a year-over-year change of -3.7%. This indicates that home prices in Deland, FL are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $319,000 | -3.7% |
| Single Family | $322,000 | -3.9% |
| Condos | $151,000 | -6.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $175,000 | -9.8% |
2 Bed | $207,000 | -5.9% |
3 Bed | $315,000 | -4.0% |
4 Bed | $406,000 | -2.9% |
| 5 Bed | $477,000 | -2.9% |
% of Housing Stock
Rental Trends — Deland, FL
As of July '25, Rentcast reports the average rent in Deland, FL is $1,780, with a year-over-year rent change of 0.6%. Per bedroom, the median rent as of July '25 in Deland, FL is studios: $885, 1-bedrooms: $1,130, 2-bedrooms: $1,440, 3-bedrooms: $2,020, 4-bedrooms: $2,440. The most common rental property sizes in Deland, FL are 3-bedroom and 2-bedroom, accounting for 34.9% and 34.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,780 |
| Studio Rent | $885 | $885 |
| 1 Bed Rent | $1,100 | $1,130 |
| 2 Bed Rent | $1,450 | $1,440 |
| 3 Bed Rent | $2,000 | $2,020 |
| 4 Bed Rent | $2,400 | $2,440 |
% of Rental Stock
Property Listings — Deland, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Deland, FL is 73. This is a increase of 41.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $371,000 | -3.0% |
Listing Count | 221 | 5.0% |
| Listings as % of Homes | 1.1% | 5.0% |
Days on Market | 73 | 41.0% |
Demographics — Deland, FL
As of the latest ACS Survey released in 2023, Deland, FL has a population of 34,600, which has increased by 8.8% over the past 5 years. Deland, FL is a moderately popular place for families, as children make up 19.4% of the population. The area has a poorly educated workforce, with 23.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,600 | 8.8% |
% Under 18 | 19.4% | 3.7% |
% Seniors | 20.3% | -8.1% |
% WFH | 13.8% | 130.0% |
% w/ College Degree | 23.9% | -2.8% |
As of the latest ACS Survey released in 2023, Deland, FL is a predominantly white area, with 64.4% of the population identifying as white. The white population has shrunk by 9.9% in the last 5 years. The second most common race or ethnicity in Deland, FL is hispanic, making up 21.2% of the population. Foreign-born residents account for 6.6% of the population in Deland, FL, and this percentage has decreased by 2.9% 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 | 64.4% | -9.9% |
% Black | 11.6% | -0.9% |
% Hispanic | 21.2% | 61.8% |
% Asian | 0.5% | -64.3% |
% Foreign Born | 6.6% | -2.9% |
Mortgage and Risk — Deland, FL
According to HUD data as of 2023, there were 753 mortgage originations in Deland, FL, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Deland, FL. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 753 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Deland, FL
As of 2024, the percent of homes in Deland, FL under the Section 8 program is 10.6%. 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 Deland, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 403 |
Total Units Section 8 | 403 |
% Rentals under Section 8 | 10.6% |
% Occupied Section 8 | 77.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $380 | $1,100 | $1,480 |
| 2 Bedroom | $230 | $1,450 | $1,680 |
| 3 Bedroom | $130 | $2,000 | $2,130 |
| 4 Bedroom | $170 | $2,400 | $2,570 |
Affordability — Deland, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $319,000 |
| Median Household Income | $67,500 |