Is Homosassa, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Homosassa was a Seller's Market.
Housing Prices in Homosassa, FL
How much do homes in Homosassa, FL cost?
Median Sold Price
$320,965
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Homosassa was $320,965 in May 2024, down 6.6% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $99.4K | -35.8% |
2 Bedrooms | $254.2K | $216.2K | -14.9% |
3 Bedrooms | $340K | $305K | -10.3% |
4 Bedrooms | $358K | $350K | -2.2% |
5+ Bedrooms | $400K | $369.9K | -7.5% |
Summary: Homosassa housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.8%, 2 bedroom homes decreased by 14.9%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 7.5%.
Median Sold Price Compared To Nearby Cities
Hernando Beach | $399.5K | $422.5K | +5.7% |
Spring Hill | $311.6K | $319K | +2.4% |
Homosassa | $343.5K | $320.9K | -6.6% |
Lecanto | $312K | $290K | -7.1% |
Housing Supply in Homosassa, FL
How many homes are available in Homosassa, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
276 | 286 | +3.6% |
Summary: The Homosassa real estate market had 286 homes for sale in May 2024, a 3.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 41 | 46 | +12.2% |
3 Bedrooms | 117 | 118 | +0.9% |
4 Bedrooms | 99 | 102 | +3.0% |
5+ Bedrooms | 16 | 17 | +6.3% |
Summary: The Homosassa housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
52 | 45 | -13.5% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in Homosassa in May 2024, down by 13.5% month-over-month. Of the 45 sold homes, 60% were sold under asking, 31% were sold at asking, and 9% were sold over asking.
Days on Market for Homosassa, FL
How long does it take to sell a home in Homosassa, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
48 Days | 54 Days | +11.8% |
Summary: Homes in Homosassa had an average of 54 days on market in May 2024, up by 11.8% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During May 2024, 45 homes were sold in Homosassa; 44% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.