Is Deland, FL 32720 a buyer’s or seller’s market?
Deland is a seller’s market. With about 3.5 months of supply and 15% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 35% of U.S. ZIP codes, and #79 of 796 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Deland housing market right now
In the three months ending August 31, 2026, 15% of homes in Deland, FL 32720 sold above their list price, the typical home went under contract in 53 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 157 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 10%, homes sold faster (67 days then) and the median sale price fell 5% to $349,849. Overall, Deland is more competitive than a year ago, so tougher for buyers.
Within Volusia County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in 84%. On our competition score, Deland ranks #79 of 796 FL ZIP codes with enough sales (score 37 out of 100).
Nearby, buyers who want less competition could look at Osteen 32764 (0% sold over asking) or Oak Hill 32759 (0% sold over asking), while De Leon Springs 32130 (25% sold over asking) and Deltona 32738 (21% sold over asking) are even more competitive.
Run the numbers for 32720
Nearby markets
Daytona Beach 32114Buyer’s market $166 /sq ftDaytona Beach 32117Balanced $175 /sq ftDaytona Beach 32118Buyer’s market $253 /sq ftDaytona Beach 32119Balanced $170 /sq ft Browse all markets →Towns like Deland nearby
Find towns like Deland in other states →Where Deland is
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Questions about Deland real estate
Is Deland a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Deland, FL 32720 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Deland?
The typical home went under contract in 53 days in the latest three months.
Do homes in Deland sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.
What are property taxes in Deland?
About 0.77% of a home’s value a year in Volusia County, or roughly $3,080 on a $400,000 home.
What is the median home price in Deland?
The median sale price was $349,849 in the three months ending August 31, 2026, about $197 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology