HousingHandbookReference data

U.S. ZIP Code · FL32118

Volusia County · Deltona-Daytona Beach-Ormond Beach, FL

Typical home value

$291,027[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-4.8%
5-year / yr
+3.5%
10-year / yr
+5.5%

Relative price

vs U.S.
+2.4%
vs metro
-12.0%
vs state
-16.1%
ZIP 32118 location in FL
Location of ZIP 32118 in FL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 32118 is worth $291,027 — 12.0% below the Deltona-Daytona Beach-Ormond Beach, FL median. Over the past year, values have fallen 4.8%. Homes here rent for a typical $1,459 a month — a 6.0% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,459[2]
Gross yield
6.0%[2]
Cap rate
3.6%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.8%[3]
Typical annual tax
$2,438[3]

#Climate risk

FEMA National Risk Index ratings for Volusia County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Relatively High
Wildfire
Relatively Moderate
Drought
Relatively Low
Heat wave
Relatively Moderate
Hurricane
Very High
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
No Rating

#Who lives here

Population
18,383[3]
Median household income
$61,266[3]

#Migration

Household moves in and out of Volusia County over a year, from IRS tax-return data.

Net migration
+4,130[5]
Moved in
20,057
Moved out
15,927

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
2
Middle
0
High
1
  • SEABREEZE HIGH SCHOOL

    High · Grades 9–12 · VOLUSIA

    1,695 students

  • BEACHSIDE ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · VOLUSIA

    711 students

  • R. J. LONGSTREET ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · VOLUSIA

    364 students

  • RIVERVIEW LEARNING CENTER

    Other · Grades K–12 · VOLUSIA

    67 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield6.0%
Net yield (after ~40% expenses)3.6%
Annual rent$17,502

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,472
Loan principal$232,822
Down payment$58,205
Total interest paid$296,951

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.31
Monthly cost to own$1,918
Monthly rent$1,459

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
0th percentile[1]
Rental yield
19th percentile[2]
Property tax
83rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 32118?
The typical home in 32118 is worth $291,027, based on the Zillow Home Value Index.
Are home values rising in 32118?
Home values in 32118 are down 4.8% over the past year, and up 3.5% a year over five years.
What is the typical rent in 32118?
A typical home in 32118 rents for about $1,459 a month, a gross rental yield of 6.0%.
What is the property tax rate in 32118?
The effective property tax rate in 32118 is 0.8% — roughly $2,438 a year on a typical home.
Who lives in 32118?
ZIP code 32118 has a population of 18,383 and a median household income of $61,266.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Orange City, FL

    Typical home
    $290,869
    Gross yield
    7.4%
  • Bunnell, FL

    Typical home
    $286,025
    Gross yield
    6.5%
  • Port Orange, FL

    Typical home
    $285,778
    Gross yield
    7.2%
  • Deltona, FL

    Typical home
    $296,600
    Gross yield
    8.0%
  • Edgewater, FL

    Typical home
    $299,151
    Gross yield
  • Deltona, FL

    Typical home
    $302,400
    Gross yield
    7.9%

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