Market Overview
Daytona Beach is in northeastern Florida about 90 miles south of Jacksonville. It is on the Atlantic Ocean and the Halifax River which is a part of the intercoastal Waterway. It is known for it’s very wide, hard packed sandy beaches which you can drive on and park on for a day at the beach.
Daytona’s warm season is from late May through September with daily temperatures in the high 80’s. The cooler season lasts for about 3 months from December to March with highs in the low 70’s and lows in the 50’s. Since Daytona is on the Atlantic Ocean there is usually a nice breeze.
The population of Daytona is 68,055 with an annual growth rate of 1.36%. The job market has increased by 2% over last year. The ten-year job growth is predicted to be 43.3%. Daytona is, of course, known for the Daytona Speedway which is a major employer in the area with 760 employees. Other big employers include Teledyne Oil and Gas and Florida Healthcare Plans.
With a low cost of living, coastal locations, major employers and steady job growth, Daytona will continue to be a growing beach community.
Real estate market data in Daytona Beach
Average Monthly Rent:
$1,430
Percentage Change in Home Price/Value:
6.90%
Median Home Value:
$177,200
Best Time To Sell Home:
December
Affordability Index:
193
Days To Sell House:
84.5
Job Market:
Strong
Public School Ranking:
26
