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Real Estate Prices & Overview

Ormond by the sea median real estate price is $424,253, which is more expensive than 49.1% of the neighborhoods in Florida and 58.1% of the neighborhoods in the U.S.

The average rental price in Ormond by the sea is currently $2,439, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.2% of Florida neighborhoods.

Ormond by the sea is a suburban neighborhood (based on population density) located in Ormond Beach, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Ormond by the sea real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Ormond by the sea neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Ormond by the sea. The current real estate vacancy rate here is 39.1%. This is higher than the rate of vacancies in 97.4% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (30.7%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

Ormond by the sea is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Ormond by the sea is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, despite all of the residential real estate here in the Ormond by the sea neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 39.1%, which is higher than 97.4% of all U.S. neighborhoods.

Modes of Transportation

A unique way of commuting is simply not to. And in the Ormond by the sea neighborhood, analysis shows that 37.2% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 99.2% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

People

Divorcees may find friendship and understanding in this neighborhood, as 23.0% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 98.3% of the neighborhoods in America.

In addition, if you're planning where to retire, the Ormond by the sea neighborhood in Ormond Beach is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in FL, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 88.5% of the neighborhoods in Florida. If you are considering retiring to Florida, this is a good neighborhood to look at.

Diversity

Did you know that the Ormond by the sea neighborhood has more Scottish and Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.6% of this neighborhood's residents have Scottish ancestry and 4.2% have Scots-Irish ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Ormond by the sea neighborhood in Ormond Beach are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 76.2% of U.S. neighborhoods. With 14.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 59.8% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Ormond by the sea neighborhood, 50.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 27.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.6%), and 9.2% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Ormond by the sea neighborhood is English, spoken by 95.1% of households. Other important languages spoken here include Polish and Spanish.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Ormond by the sea neighborhood in Ormond Beach, FL, residents most commonly identify their ethnicity or ancestry as German (15.8%). There are also a number of people of English ancestry (15.0%), and residents who report Irish roots (13.0%), and some of the residents are also of Italian ancestry (11.8%), along with some Scottish ancestry residents (7.6%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Ormond by the sea neighborhood spend between 15 and 30 minutes commuting one-way to work (56.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (56.9%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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