The story of this market
The typical home in ZIP 32174 sells for about $370,959, or $273 per square foot.
Prices are down 11.6% from a year ago, which gives buyers more room to negotiate. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,413 a month.
ZIP 32174 — Ormond Beach
The 32174 housing market is currently experiencing a cooling phase, characterized by a year-over-year price decline and elevated vacancy rates. Buyer leverage is balanced, but the market requires careful navigation due to softening demand and a high share of price cuts. These conditions suggest a shift toward a more buyer-friendly environment as the area adjusts to broader economic pressures.
This ZIP is well-suited for retirees and older adults given the large senior population, as well as family buyers seeking a balance of coastal access and suburban living.
Median prices moved down 11.6% year over year.
Homes spend a median of 84 days on market with 5.0 months of supply — a balanced-paced market.
31% of listings have cut prices · homes sell at 97.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.6% · poverty 10.2% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 32174, Volusia County, FL
Crime trends in the area are generally consistent with regional averages for Volusia County, though specific neighborhood variations exist.
Schools serving the area are part of the Volusia County School District, which maintains a mix of ratings across its elementary, middle, and high school offerings.
The area faces standard Florida coastal risks, including hurricane and wind exposure, necessitating comprehensive property insurance coverage.
Economic momentum is driven by the broader Daytona Beach metro area, with tourism, healthcare, and retail serving as primary employment anchors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
Residents primarily rely on personal vehicles for commuting, with access to I-95 and US-1 providing routes toward Daytona Beach and other employment hubs.
The area features proximity to coastal beaches, local parks, and golf courses, providing a variety of outdoor and leisure activities within a short drive.
The rental market shows signs of softening with elevated vacancy rates, suggesting increased pressure on landlords to maintain competitive pricing.
The economy is anchored by the tourism, healthcare, and retail sectors within the Deltona-Daytona Beach-Ormond Beach metropolitan area.
Transportation is primarily highway-dependent, with I-95 serving as the main north-south corridor for the region.
Development activity is focused on residential infill and commercial expansion consistent with the broader growth of Volusia County.
The Volusia County Property Appraiser manages assessments, ensuring properties are valued according to state-mandated market standards.
Parcels are subject to Volusia County tax levies, including school district and municipal service district assessments.
Property insurance premiums remain elevated due to regional hazard exposure, reflecting the broader Florida market climate.
Data retrieved from Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Daytona Boardwalk Amusements4.211.6 mi
- Daytona Lagoon4.111.3 mi
- Dave & Buster's Daytona Beach4.27.3 mi
- K1 Speed Daytona Beach4.510 mi
- GameTime Daytona4.29.4 mi
- Daytona International Speedway4.79.8 mi
- Ocean Center4.511.3 mi
- Ocean Deck Restaurant & Beach Bar4.411.7 mi
- Daytona Lagoon4.111.3 mi
- Volusia Speedway Park4.710.9 mi
- Daytona International Speedway4.79.8 mi
- Daytona Flea & Farmers Market4.410.6 mi
- Daytona Boardwalk Amusements4.211.6 mi
- Daytona Lagoon4.111.3 mi
- Daytona Aquarium & Rainforest Adventure4.510.5 mi
- Tomoka State Park4.67.1 mi
- Racing's North Turn4.619.2 mi
- The Cici & Hyatt Brown Museum of Art, Science & History (Formerly the Museum of Arts & Sciences)4.711.2 mi
- Athens Theatre4.819.4 mi
- Ormond Memorial Art Museum & Gardens4.78.5 mi
- Tomoka State Park4.67.1 mi
- Andy Romano Beachfront Park4.79.5 mi
- Gamble Rogers State Park4.711.3 mi
- Sun Splash Park4.512.1 mi
- Ormond Scenic Loop & Trail4.77 mi
- Halifax Harbor Marina4.612 mi
- Highland Park Fish Camp4.619.2 mi
- Halifax River Yacht Club4.611.6 mi
- Hammock Beach Marina4.819.9 mi
- Palm Coast Marina4.619.9 mi
- LPGA International4.38.1 mi
- Halifax Plantation Golf Club4.27.6 mi
- Daytona Beach Golf Club4.112.4 mi
- Riviera Country Club4.58 mi
- The Club at Pelican Bay3.312 mi
- Tanger Outlets Daytona Beach4.57.4 mi
- Daytona Flea & Farmers Market4.410.6 mi
- Volusia Mall49.8 mi
- ONE DAYTONA4.69.5 mi
- Publix Super Market at Bellair Plaza4.59.7 mi
- Daytona Beach International Airport4.710.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Coastal access providing recreational opportunities and tourism.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).