Real Estate Market Update for 32174 (Ormond Beach, FL)
Welcome to December's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of December. The number of active listings was down 8% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just under 230-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up more than 200%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 200-thousand dollars. The number of units sold increased more than 200% year-over-year, and increased 17% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for 32174 (Ormond Beach, FL)
Area Information for 32174 (Ormond Beach, FL)
  • Population: 47,609
  • Median Age: 49.8 yr
  • Median Commute Time: 17.59 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 386/sq mi
  • Population Change Since 2000: 19.58%
  • Closest Airport: Daytona Beach International
  • Closest College: Keiser University-daytona Beach
  • Closest Jr. College: Florida Technical College
  • Median Household Income: $49,765
  • Annual Residential Turnover: 15.41%
  • Median Years in Residence: 4.09 yr
  • Median Home Sales Price: $148,250
  • Closest Major Sports Team: Jaguars
  • Change Avg. Household Income Since 2000: 20%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 32174 (Ormond Beach, FL)
Median Age: 49.8 Married: 43% Number of Households: 21,809 Households with Children: 4,458
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 32174 (Ormond Beach, FL)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Pathways Elementary School 1.9 mi Public PRESCHOOL-5 3-5 4
      Pine Trail Elementary School 3.1 mi Public K-5 3-5 4
      Riverbend Academy 3.1 mi Private K-12 0 5
      Calvary Christian Academy 3.5 mi Private K-12 0 4
      Chabad Academy 4.2 mi Private PRESCHOOL-8 0 4
      Grace Academy 4.3 mi Private PRESCHOOL-8 0 4
      Tomoka Elementary School 4.4 mi Public PRESCHOOL-5 4 5
      Temple Beth-el School 4.5 mi Private PRESCHOOL-5 0 4
      Ormond Beach Middle School 5.6 mi Public 6-8 3-5 3
      The Childrens House 6.1 mi Private PRESCHOOL-5 0 5
      Pace Center For Girls 6.3 mi Public 6-12 0 0
      Ormond Beach Elementary School 6.3 mi Public K-5 2-5 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for 32174 (Ormond Beach, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.