Median price for residential apartments in Ormond Beach, FL as of Jan, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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2,183 Ormond Beach, FL, USA apartments for sale
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Ormond Beach
According to statistics, the population in Ormond Beach, FL amounts to 41,238, which shows growth 1% compared to the previous year. The median age of the city’s residents is 52. The average household income is $51,152, shifting growth 4% from the past year, and the average property value in Ormond Beach, FL growth 4% to $176,900 throughout the year.
| Population | 41,238 |
| Median Age | 51.5 |
| Poverty Rate | 9% |
| Household Income | $51,152 |
| Number Of Employees | 16,937 |
| Median Property Value | $176,900 |
Household Income
The average household income in Ormond Beach, FL grew from $48,978 to $51,152 in the past year. This data is an estimate based upon 17,384 households in Ormond Beach, FL . The chart below presents how household income is distributed in Ormond Beach, FL in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Ormond Beach, FL shifted from $169,900 to $176,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Ormond Beach, FL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Ormond Beach, FL properties falls in the '$150,000 to $174,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Ormond Beach, FL compared to median property taxes around the country. The prevalent amount of property taxes in Ormond Beach, FL equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Ormond Beach, FL, USA
Average apartment sale in Ormond Beach: $539,664 (-0.5%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $267,022 | +8.3% |
| 1-bed apartments | $205,300 | +0% |
| 2-bed apartments | $343,732 | -1% |
| 3-bed apartments | $524,106 | -0.3% |
| 4+ bed apartments | $1,057,506 | -1.9% |
During Jan 2023, the average price for an apartment in/near Ormond Beach, FL decreased by 0.5% to $539,664.
Knowing the current property prices is key if you plan to buy a studio in Ormond Beach, FL. The average price for a studio has increased since the last month, currently being $267,022. After collecting all data points, we now see that the average price for 1-bed apartment stands at $205,300 with no changes this month. Asking price for 2-bed apartment also decreased by 1% and a place of this size will now cost you $343,732. A 3-bed apartment goes for $524,106, it decreased by 0.3% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 1.9% and made it down to $1,057,506.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Townhouses for sale | $359,112 | -0.2% |
| Lofts for sale | $616,950 | +0% |
| Land for sale | $277,971 | +30.5% |
| Houses for sale | $597,215 | -1% |
| Condos for sale | $376,809 | -2% |
| Apartments for sale | $84,539 | -6.1% |
| Other for sale | $385,000 | +0% |
The average cost of an apartment in Ormond Beach, FL decreased by 6.1% to $84,539. Price reports demonstrate that house price decreased by 1% this month making it up to $597,215. Condos faced an upward trend these days. The median price for a condo decreased by 2%, it’s now available for $376,809. The price statistics of lofts have not significantly changed, it now still goes for $616,950. The property value of townhouses decreased by 0.2%, you’ll have to spend around $359,112 to get one. The average price of the land for sale in Ormond Beach, FL has increased by 30.5%, and now equals $277,971. Other types of properties for sale would cost $385,000 on average. Our data shows that this amount has stayed roughly the same compared to Dec.
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