Is Lecanto, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lecanto was a Seller's Market.
Housing Prices in Lecanto, FL
How much do homes in Lecanto, FL cost?
Median Sold Price
$290,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lecanto was $290,000 in April 2024, down 11.9% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $45K | N/A |
2 Bedrooms | $282.5K | $205K | -27.4% |
3 Bedrooms | $310K | $289.2K | -6.7% |
4 Bedrooms | $363K | $338.5K | -6.7% |
5+ Bedrooms | $398.5K | - | N/A |
Summary: Lecanto housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.4%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Beverly Hills | $230.8K | $279K | +20.9% |
Floral City | $274.9K | $260K | -5.4% |
Homosassa | $343.2K | $321.2K | -6.4% |
Lecanto | $329.2K | $290K | -11.9% |
Hernando | $383K | $330K | -13.8% |
Housing Supply in Lecanto, FL
How many homes are available in Lecanto, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 65 | +35.4% |
Summary: The Lecanto real estate market had 65 homes for sale in April 2024, a 35.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 10 | 13 | +30.0% |
3 Bedrooms | 28 | 36 | +28.6% |
4 Bedrooms | 7 | 12 | +71.4% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Lecanto housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Lecanto in April 2024, up by 80.0% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and 0% were sold over asking.
Days on Market for Lecanto, FL
How long does it take to sell a home in Lecanto, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 31 Days | +34.8% |
Summary: Homes in Lecanto had an average of 31 days on market in Apr 2024, up by 34.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Lecanto; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.