Daytona Beach, FL

Population: 62,316
Average annual home appreciation rate: 6.22%
Total of homes for sale in this market: 1,353
Median home price: $145,324
Median Rent: $874
Home price range: 40.73% of homes are between $120,001 – $240,000
Median sales price: $69,450
Number of homes: 699
Median foreclosure sales price: $55,100
Foreclosure discount: 21%
Most common home type: 43.92% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 27.81%
Number of renters: 56.49%
Number of owner occupied: 43.51%
Number people living below poverty level: 31.37%
Unemployment rate: 6.20%
Is this area perfect for real estate deals going on right now? Data shows, this makes Daytona Beach one of the highest appreciating communities in the nation for the latest quarter, and may signal the city’s near-future real estate investment strength. Affordable investment property prices, positive appreciation rate, multiple zombie properties… Very well could be a great place for the savvy investor.

Leave a Reply

Your email address will not be published. Required fields are marked *