32118
Deltona, Florida

The 32118 ZIP code in Deltona shows a median sale price of $299,000 as of February 2026, marking a substantial 22.0% year-over-year increase that outpaces most Florida submarkets. However, this appreciation coincides with extended market time, as properties average 95 days on market—significantly above the typical 30-45 day range seen in competitive metros. Only 3% of homes sell above list price, indicating limited bidding competition despite the double-digit price growth over the past twelve months.

This environment favors patient buyers with flexibility on closing timelines, as the 95-day average DOM provides negotiating leverage that faster markets eliminate. The 3% above-ask rate suggests sellers have modest pricing power but must price accurately to avoid extended listings. Cash investors seeking appreciation plays may find value in the 22% trailing growth, though the PropIQ score of 51 signals heightened caution for those banking on continued momentum or quick flips requiring rapid liquidity.

The PropIQ intelligence score of 51 sits at the threshold between neutral and cautionary territory, suggesting the 22% price surge may be approaching unsustainable levels given demand indicators. The 95-day DOM combined with minimal above-ask sales points to decelerating buyer urgency that could pressure price growth in subsequent quarters. Monitor absorption rates and any increase in price reductions across active inventory, as these would confirm a shift from seller-favorable conditions toward equilibrium or buyer advantage by mid-2026.