Foreclosure Homes in Deland, FL

Current Market Conditions in Deland, FL

DeLand's real estate market is currently experiencing increased demand, with more buyers entering the market post-pandemic. The combination of low-interest rates and the appeal of the city's lifestyle has generated heightened competition for homes, leading to rising prices and quicker sales. Homes are selling at a faster pace, reflecting a seller's market with limited inventory.

There is a noticeable trend towards new home construction in the area, as builders respond to the demand for modern homes in family-friendly neighborhoods. The market is becoming more attractive for investors as rental demand also rises within the community.

Rent Prices In Deland, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Deland, FL, is on a rollercoaster ride. The average rent price in Deland, FL, is $1,263.00. Indeed, when looking to rent in Deland, FL, you can expect to pay as little as $590.00 or as much as $3,360.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Deland, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.