Momentum Housing Data · Home Values · Volusia County

Shangri La Home Values: What Homes Actually Sell For

Every figure below is from recorded MLS closings in Shangri La (Daytona Beach, FL) — not an algorithm’s estimate. Medians, the 15-year price history, market time, and what the record says about selling here now. Window ending 2026-07-12; refreshes as new closings record.

Median sold price
$205,000
-24.1% vs prior year · window ending 2026-07-12
Median $/sqft
$160
3 recorded closings
Median days to sell
57
from list to contract-to-close record

In the current window, sellers accepted a median 95.8% of original asking; the median sale took 57 days (window ending 2026-07-12).

The 15-year recorded price history

20122026
YearMedian soldMedian $/sqftMedian DOMSales
2026$205,000$160573
2025$270,000$1691064
2024$251,705$189775
2023$280,000$206385
2022$215,000$153603
2021$185,250$1346010
2020$154,950$115816
2019$187,500$113587
2018$160,000$98866
2017$124,500$1007614
2016$128,000$718111
2015$105,000$679515
2014$87,000$6111415
2013$85,000$5613111
2012$98,000$562417

Over the recorded series, Shangri La’s median sold price moved from $98,000 (2012) to $205,000 (12 months ending 2026-07-12) — +109% over that span, with every year’s figure from recorded closings, not a model.

The last decade in Shangri La, briefly

The recorded series starts in 2012 at $98,000. The 2020–22 run-up did what it did everywhere — Shangri La’s median moved +15% from 2019 to 2022. Against the 2023 peak of $280,000, the current median stands at -27%. Annual sales volume here has ranged from 3 to 15 closings a year (10-yr average 6.3). Small-community medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure in the table above.

What actually trades here: 100% single family residence, with a median of 1,086 sq ft and a median price per square foot of $160 in the current window. Price-per-square-foot is the cleaner yardstick when comparing your home to the medians — it corrects for the size mix in any given year.

Selling in Shangri La right now: what the record says

Current asking prices run a median $287,000 against the $205,000 recorded sold median (+40%) — the gap between what sellers hope and what the record shows. The market is carrying about 12 months of supply at the current sales pace. Since 2000, 108 Shangri La listings were withdrawn, canceled, or expired without selling (2 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 30% of Shangri La listings ended without selling (withdrawn/canceled/expired); in 2026 that rate was 50%. Momentum’s market-heat index for Shangri La reads 39/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

Cash bought 33% of recorded Shangri La sales in the window ending 2026-06 (1 of 3) — a fact worth knowing before assuming every buyer needs an appraisal to close. For buyers, the same table reads the other way: the sold medians above are what the market has actually been paying — an asking price meaningfully above the recent closed record, in a community absorbing at the rates shown, is an opening position, not a value.

The pattern in the statewide failure data applies here too: homes priced against the latest closed sales sell; homes priced against hope join the 201,552 that didn’t. The table above is the closed-sale record to price against.

What would YOUR Shangri La home sell for?

We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A Momentum agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.

By submitting, you agree Momentum Realty may contact you by phone, text, or email about your inquiry. Consent is not a condition of any purchase. Message/data rates may apply. Reply STOP to opt out. See our disclosures.

More Shangri La: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs

© 2026 Daytona Beach Area Association of REALTORS®, Inc. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures