DeLand, Florida Housing Market Prices
DeLand Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 43% above the Florida median$444,900
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Median rent 23% below the Florida median$1,288
Housing Market Overview
| Metric | DeLand | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $444,900 | $311,338 | $248,835 |
| Price Trend (Annual %) | 30.5% | 11.2% | 7.5% |
| Median Gross Rent | $1,288 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 4.3% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in DeLand is about 43% higher than in Florida. Rent is about 23% lower than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in DeLand, up about 30.5% and 4.3% a year respectively. Home prices are changing faster.
Median rent in DeLand rose about 35.8% between 2015 and 2024, from $948 to $1,288. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 6.3 yearly household incomes in DeLand.
Buying the median-priced home in DeLand costs roughly 28.8 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in DeLand. The price-to-rent ratio in Florida is about 15.6.
| Metric | DeLand | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $444,900 | $311,338 | $248,835 |
| Median Household Income | $70,395 | $74,580 | $80,455 |
| Price-to-Income Ratio | 6.3 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in DeLand rose about 668.6%, while median household income rose about 70.0% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | DeLand | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.5% | 57.7% | 58.5% |
| Rental Rate | 30.3% | 27.7% | 31.2% |
| Vacancy Rate | 9.2% | 14.6% | 10.2% |
| Median Tenure (years) | 10.0 | 13.0 | 15.0 |
| Median Year Moved In | 2016 | 2013 | 2011 |
DeLand has a homeownership rate of 60.5%, higher than the Florida average of 57.7%. Its housing vacancy rate is 9.2%, compared with 14.6% in Florida.
Housing Stock
| Metric | DeLand | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.41 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1984 | 1988 | 1978 |
| Median Number of Rooms | 5.4 | 5.2 | 5.5 |
The typical housing unit in DeLand was built around 1984. On average, 2.4 people live in a home with about 5.4 rooms, staying for about 10.0 years on average.
Frequently Asked Questions
Common questions about the housing market in DeLand, Florida.
What is the median home price in DeLand, Florida?
The median home price in DeLand, Florida is $444,900, higher than the Florida average of $311,338.
What is the average home price in DeLand, Florida?
The typical home price in DeLand, Florida, reported as the median sale price, is $444,900. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in DeLand, Florida?
The median gross rent in DeLand, Florida is $1,288 per month, lower than the Florida average of $1,668.
What was the median gross rent in DeLand in 2020?
In 2020, the median gross rent in DeLand, Florida was $983 per month.
What is the price-to-rent ratio in DeLand, Florida?
The price-to-rent ratio in DeLand, Florida is about 28.8, meaning it would take roughly 28.8 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in DeLand.
Are home prices or rent rising faster in DeLand, Florida?
Both home prices and rent are rising in DeLand, up about 30.5% and 4.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in DeLand, Florida?
60.5% of households in DeLand, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in DeLand, Florida?
The housing vacancy rate in DeLand, Florida is 9.2%, lower than the Florida average of 14.6%.
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