Ormond Beach, FL 32174 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market signal is the median sold price of 319,000, which establishes recent transaction value and suggests current market clearing levels for SFR and condo sales; given the sizeable gap versus the median listing price of 399,900, sellers may be positioning above where buyers are transacting and this pricing friction appears to be moderating market movement.
2. Liquidity appears muted: the median days on market of 305 points to slower sales velocity and longer marketing periods, which may indicate that buyers are selective and that transactions often take more time to close in this ZIP code.
3. Market balance is essentially neutral: the reported market temperature is neutral, and the price year-over-year trend is flat, together signaling a balanced buyer-seller dynamic where neither side has a decisive advantage and price appreciation is limited.
4. Macro and rental context: rental conditions are tightening with the median market rent at 2,395 and the rent year-over-year trend showing up, while interest environment pressure is notable — elevated — and property financing context states: Current 30-year fixed mortgage rates for properties in Ormond Beach, FL, are approximately 6.53%, which is 0.8% higher than the 5.75% rates observed earlier in 2026; together these factors may sustain steady investor interest in rentals but constrain some buyer affordability.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.