Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 19,998, 7,928 total housing units (homes and apartments), and a median house value of $188,144, DeBary real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in DeBary, accounting for 80.39% of the city's housing units. Other types of housing that are prevalent in DeBary include mobile homes or trailers ( 13.84%), large apartment complexes or high rise apartments ( 2.77%), and a few row houses and other attached homes ( 1.58%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in DeBary. Owner-occupied housing accounts for 85.07% of DeBary's homes, and 66.88% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in DeBary built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in DeBary built between 2000 and later ( 22.72%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.45%).
Vacant housing appears to be an issue in DeBary. Fully 11.33% of the housing stock is classified as vacant. Left unchecked, vacant DeBary homes and apartments can be a drag on the real estate market, holding DeBary real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Homes have actually lost value in DeBary over the last then years, as home values have seen a decline of 26.00% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows DeBary home appreciation rates at 3.34%, which equates to an annual appreciation rate of 14.06%.
Appreciation rates are so strong in DeBary that despite a nationwide downturn in the housing market, DeBary real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, DeBary appreciation rates continue to be some of the highest in America, at 6.35%, which is higher than appreciation rates in 76.81% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in DeBary. DeBary appreciation rates in the latest quarter were at 3.34%, which equates to an annual appreciation rate of 14.06%.
Importantly, this makes DeBary one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Florida, our data show that DeBary's latest annual appreciation rate is lower than 60% of the other cities and towns in Florida.
|$1,007,001 - $1,343,000||0.0|
|$671,001 - $1,007,000||0.2|
|$537,001 - $671,000||1.0|
|$403,001 - $537,000||5.2|
|$268,001 - $403,000||22.6|
|$134,001 - $268,000||38.5|
|$67,001 - $134,000||23.4|
|$0 - $67,000||8.7|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF DeBary HOMES|
|2000 or Newer||22.7|
|1970 - 1999||61.7|
|1940 - 1969||15.4|
|1939 or Older||0.1|
|TYPE OF DeBary HOMES|
|Small Apt. Buildings||1.1|
|SIZE OF DeBary HOMES|
|5 or more bedrooms||1.58|