The Ormond Terrace housing market is not very competitive. The median sale price of a home in Ormond Terrace was $433K last month, up 10.6% since last year. The median sale price per square foot in Ormond Terrace is $241, down 0.21% since last year.
What is the housing market like in Ormond Terrace today?
In March 2024, Ormond Terrace home prices were up 10.6% compared to last year, selling for a median price of $433K. On average, homes in Ormond Terrace sell after 87 days on the market compared to 38 days last year. There were 8 homes sold in March this year, up from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$432,500
+10.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Ormond Terrace, FL
$432,500
+10.6%
United States
To compare other locations to the Ormond Terrace and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Ormond Beach add value to a home.
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How hot is the Ormond Terrace housing market?
Ormond Terrace is not very competitive. Homes sell in 49 days.
0
100
25
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 49 days.
Hot homes
can sell for around list price and go pending in around 24 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
95.2%
+1.0 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Ormond Terrace, FL
95.2%
+1.0 pt
United States
Home offer insights for Ormond Terrace
Explore recent offers and recently sold homes in Ormond Terrace
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Ormond Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Ormond Terrace.
Risk Factor
Flood Factor - Extreme
95% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Ormond Terrace has an extreme risk of flooding. 609 properties in Ormond Terrace are likely to be
severely affected
by flooding over the next 30 years. This represents 95% of all properties in Ormond Terrace. Flood risk is increasing faster than the national average.
31% of properties are at risk of wildfire over the next 30 years
Fire Factor
Ormond Terrace has a moderate risk of wildfire. There are 258 properties in Ormond Terrace that have some risk of being affected by wildfire over the next 30 years. This represents 31% of all properties in Ormond Terrace.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Ormond Terrace has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Ormond Terrace is most at risk from hurricanes. 818 properties in Ormond Terrace have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 188 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 201 mph.