Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 13,654 people, 5,930 houses or apartments, and a median cost of homes of $269,083, South Daytona real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in South Daytona, accounting for 55.14% of the city's housing units. Other types of housing that are prevalent in South Daytona include large apartment complexes or high rise apartments ( 20.38%), mobile homes or trailers ( 14.27%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.13%).
The most prevalent building size and type in South Daytona are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.65% owning and 36.35% renting.
There is a lot of housing in South Daytona built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in South Daytona built between 1940-1969 ( 26.23%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.45%).
Vacant housing appears to be an issue in South Daytona. Fully 10.76% of the housing stock is classified as vacant. Left unchecked, vacant South Daytona homes and apartments can be a drag on the real estate market, holding South Daytona real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
In the last 10 years, South Daytona has experienced some of the highest home appreciation rates of any community in the nation. South Daytona real estate appreciated 174.77% over the last ten years, which is an average annual home appreciation rate of 10.64%, putting South Daytona in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, South Daytona definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, South Daytona's appreciation rate, at 6.18%, has been at or slightly above the national average. In the latest quarter, South Daytona's appreciation rate has been 0.54%, which annualizes to a rate of 2.16%.
Notably, South Daytona's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Florida, our data show that South Daytona's latest annual appreciation rate is higher than 50% of the other cities and towns in Florida.
$269,083
for Florida
for nation
5,930
$1,812 / per month