Home Values

New Smyrna Beach Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$221,300

  • 9.7% 1-year change
  • 2.7% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cool

Buyers' Market
Sellers' Market

The median home value in New Smyrna Beach is $221,300. New Smyrna Beach home values have gone up 9.7% over the past year and Zillow predicts they will rise 2.7% within the next year. The median list price per square foot in New Smyrna Beach is $167, which is higher than the Daytona Beach Metro average of $101. The median price of homes currently listed in New Smyrna Beach is $268,900 while the median price of homes that sold is $216,750.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in New Smyrna Beach is 10.6%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of New Smyrna Beach homeowners underwater on their mortgage is 14.6%, which is lower than Daytona Beach Metro at 26.6%.

Read more
Relative ZHVI
- +

New Smyrna Beach Market Overview

Data through Sep 30, 2014
  • $221,300 ZHVI
  • 2.7% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Sep 30, 2015)
  • $268,900 Median listing price
  • $216,750 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

New Smyrna Beach Market Health

Data through Sep 30, 2014
  • 3.2/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 14.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 10.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI
Ponce Inlet $315,400
Samsula-Spruce Creek $311,300
Daytona Beach Shores $247,500
Name Median ZHVI
Glencoe $197,200
Port Orange $159,200
Oak Hill $123,700
Name Median ZHVI
Edgewater $118,800
South Daytona $106,100
Daytona Beach $95,200

Listings & Sales

Data through Sep 30, 2014
  • $167 Median list price / sq ft
  • $130 Median sale price / sq ft
  • 32.4% Listings with price cut
34.4%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

New Smyrna Beach Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,472 New Smyrna Beach
    $1,193 Daytona Beach Metro
    $1,335 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $1.04 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading