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 30,195, 10,093 total housing units (homes and apartments), and a median house value of $188,687, DeLand real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in DeLand, accounting for 64.70% of the city's housing units. Other types of housing that are prevalent in DeLand include large apartment complexes or high rise apartments ( 21.37%), duplexes, homes converted to apartments or other small apartment buildings ( 7.22%), and a few mobile homes or trailers ( 3.39%).
The most prevalent building size and type in DeLand are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 49.01% owning and 50.99% renting.
There is a lot of housing in DeLand 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 DeLand built between 2000 and later ( 27.42%). A lesser amount of the housing stock also hails from between 1940-1969 ( 21.78%). There's also some housing in DeLand built before 1939 ( 7.08%).
Vacant housing appears to be an issue in DeLand. Fully 16.90% of the housing stock is classified as vacant. Left unchecked, vacant DeLand homes and apartments can be a drag on the real estate market, holding DeLand 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 DeLand over the last then years, as home values have seen a decline of 23.20% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows DeLand home appreciation rates at 3.34%, which equates to an annual appreciation rate of 14.06%.
Appreciation rates are so strong in DeLand that despite a nationwide downturn in the housing market, DeLand real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, DeLand appreciation rates continue to be some of the highest in America, at 13.10%, which is higher than appreciation rates in 98.52% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in DeLand. DeLand appreciation rates in the latest quarter were at 3.34%, which equates to an annual appreciation rate of 14.06%.
Importantly, NeighborhoodScout’s exclusive research found that DeLand's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.
Relative to Florida, our data show that DeLand's latest annual appreciation rate is higher than 90% of the other cities and towns in Florida.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within DeLand differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in DeLand - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best DeLand real estate investment or home purchase decisions.
|$1,031,001 - $1,375,000||0.5|
|$687,001 - $1,031,000||0.7|
|$550,001 - $687,000||2.3|
|$412,001 - $550,000||4.8|
|$275,001 - $412,000||17.1|
|$137,001 - $275,000||35.3|
|$69,001 - $137,000||27.1|
|$0 - $69,000||11.7|
|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 DeLand HOMES|
|2000 or Newer||27.4|
|1970 - 1999||43.7|
|1940 - 1969||21.8|
|1939 or Older||7.1|
|TYPE OF DeLand HOMES|
|Small Apt. Buildings||7.2|
|SIZE OF DeLand HOMES|
|5 or more bedrooms||2.45|