DeLand, Florida’s real estate market in 2025 presents a dynamic picture, showing a definite shift from the red-hot seller’s market seen in recent years. While some sources still indicate a seller’s market, recent data from May 2025 suggests a move towards a buyer’s market, offering more opportunities for negotiation.

The median home price in DeLand currently hovers around the upper $300,000s, with some fluctuations depending on the data source and specific month. For instance, in May 2025, median listing prices were around $377K-$381K, while sold prices varied, with some reports showing a median sold price of approximately $350K. This indicates that homes are often selling below their initial asking price, with a significant percentage of properties selling for less than list price.

Days on market have also seen an increase, suggesting that homes are taking longer to sell compared to last year. This extended market time, combined with the softening of prices, points to increased inventory and a more balanced environment for buyers. While the overall market might be cooling, certain neighborhoods or specific property types could still experience higher demand and quicker sales.

For those looking to invest, DeLand continues to offer potential, particularly with ongoing population growth in the region. However, understanding the shift towards a buyer’s market means that strategic pricing and patience will be crucial for sellers, while buyers may find more leverage and opportunities for favorable deals in this charming Central Florida city