Deland, FL—32724
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 $339,000, with a year-over-year change of -3.5%. 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 | $339,000 | -3.5% |
| Single Family | $342,000 | -3.7% |
| Condos | $156,000 | -3.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $153,000 | -16.8% |
2 Bed | $224,000 | -6.3% |
3 Bed | $322,000 | -3.9% |
4 Bed | $407,000 | -3.8% |
| 5 Bed | $473,000 | -3.9% |
% of Housing Stock
Rental Trends — Deland, FL
As of July '25, Rentcast reports the average rent in Deland, FL is $2,010, with a year-over-year rent change of -4.7%. Per bedroom, the median rent as of July '25 in Deland, FL is studios: $1,300, 1-bedrooms: $1,130, 2-bedrooms: $1,660, 3-bedrooms: $2,190, 4-bedrooms: $2,460. The most common rental property sizes in Deland, FL are 2-bedroom and 3-bedroom, accounting for 37.9% and 21.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,030 | $2,010 |
| Studio Rent | $1,300 | $1,300 |
| 1 Bed Rent | $1,070 | $1,130 |
| 2 Bed Rent | $1,550 | $1,660 |
| 3 Bed Rent | $2,140 | $2,190 |
| 4 Bed Rent | $2,470 | $2,460 |
% 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 71. This is a increase of 17.0% 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $365,000 | -5.0% |
Listing Count | 338 | 3.0% |
| Listings as % of Homes | 1.6% | 3.0% |
Days on Market | 71 | 17.0% |
Demographics — Deland, FL
As of the latest ACS Survey released in 2023, Deland, FL has a population of 43,600, which has increased by 21.0% over the past 5 years. Deland, FL is a moderately popular place for families, as children make up 19.3% of the population. The area has a moderately educated workforce, with 31.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 43,600 | 21.0% |
% Under 18 | 19.3% | 4.9% |
% Seniors | 24.3% | 0.8% |
% WFH | 16.8% | 140.0% |
% w/ College Degree | 31.0% | 17.0% |
As of the latest ACS Survey released in 2023, Deland, FL is a predominantly white area, with 70.7% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Deland, FL is hispanic, making up 19.1% of the population. Foreign-born residents account for 9.5% of the population in Deland, FL, and this percentage has increased by 31.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 70.7% | -3.9% |
% Black | 5.7% | -32.9% |
% Hispanic | 19.1% | 24.0% |
% Asian | 1.3% | 8.3% |
% Foreign Born | 9.5% | 31.9% |
Mortgage and Risk — Deland, FL
According to HUD data as of 2023, there were 1249 mortgage originations in Deland, FL, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 39.0% 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. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,249 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Deland, FL
As of 2024, the percent of homes in Deland, FL under the Section 8 program is 9.7%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Deland, FL, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 527 |
Total Units Section 8 | 407 |
% Rentals under Section 8 | 9.7% |
% Occupied Section 8 | 79.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $270 | $1,070 | $1,340 |
| 2 Bedroom | $90 | $1,550 | $1,640 |
| 3 Bedroom | $20 | $2,140 | $2,160 |
| 4 Bedroom | -$160 | $2,470 | $2,310 |
Affordability — Deland, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $339,000 |
| Median Household Income | $72,700 |