Is Hernando Beach, FL a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Hernando Beach is a seller's market


Difference Since September 2022

Since last year, Hernando Beach has remained a Seller's Market.

Key Takeaway

Hernando Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices

How much do homes in Hernando Beach, FL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since September 2022


Key Takeaway

Homes in Hernando Beach have sold for 11.6% more than they did a year ago.

Summary: The median home sold price in Hernando Beach was $418,750 in September 2023, up 11.6% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSSep 2022Sep 2023CHANGE
1 $302.5K$580K
2 $285.1K$265K
3 $384K$470K
4 $482.5K$559.5K
5+ $644K$668K

Summary: Hernando Beach housing prices by bedroom type for September 2023 compared to the previous year: The home price of 1 bedroom homes increased by 91.7%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 22.4%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 3.7%.

Median Sold Price Compared To Nearby Cities

Hernando Beach
Spring Hill
Weeki Wachee

Housing Supply

How many homes are available in Hernando Beach, FL?

Number of Homes For Sale

Aug 2023Sep 2023CHANGE

Summary: The Hernando Beach real estate market had 268 homes for sale in September 2023, a 12.6% increase compared to August 2023.

Homes For Sale By Bedroom Count

# BEDSAug 2023Sep 2023CHANGE
1 00
2 6372
3 123139
4 4144
5+ 1113

Summary: The Hernando Beach housing inventory by bedroom type for September 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Aug 2023Sep 2023CHANGE

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hernando Beach, you may be able to get a good deal. 54.7% of homes here sold below asking price last month.

Summary: A total of 53 homes were sold or pending in Hernando Beach in September 2023, up by 26.2% month-over-month. Of the 53 sold homes, 55% were sold under asking, 40% were sold at asking, and 6% were sold over asking.

Days on Market

How long does it take to sell a home in Hernando Beach, FL?

Average Sale Time

Sep 2022Sep 2023CHANGE
27 Days49 Days+80.3%

Summary: Homes in Hernando Beach had an average of 49 days on market in Sep 2023, up by 80.3% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2023, 53 homes were sold in Hernando Beach; 49% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 17% 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 3 Days Ago

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Nearby Markets

What housing markets are near Hernando Beach, FL?