Is Homosassa, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Homosassa is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Homosassa was a Seller's Market.

Key Takeaway

Homosassa is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

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

-$22,576(-6.6%)

Key Takeaway

Homes in Homosassa have sold for 6.6% less than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $155K$99.4K
-35.8%
2 $254.2K$216.2K
-14.9%
3 $340K$305K
-10.3%
4 $358K$350K
-2.2%
5+ $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
+5.7%
Spring Hill
+2.4%
Homosassa
-6.6%
Lecanto
-7.1%

Housing Supply in Homosassa, FL

How many homes are available in Homosassa, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
276286+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

# BEDSApr 2024May 2024CHANGE
1 33
0.0%
2 4146
+12.2%
3 117118
+0.9%
4 99102
+3.0%
5+ 1617
+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 2024May 2024CHANGE
5245-13.5%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Homosassa, you may be able to get a good deal. 60% of homes here sold below asking price last month.

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 2023May 2024CHANGE
48 Days54 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Homosassa are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Homosassa, FL

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