Is Homosassa, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Homosassa was a Seller's Market.
Key Takeaway
Homosassa is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Homosassa, FL
How much do homes in Homosassa, FL cost?
Median Sold Price
$320,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Homosassa have sold for 8.1% less than they did a year ago.
Summary: The median home sold price in Homosassa was $320,000 in March 2024, down 8.1% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137.5K | $71K | -48.4% |
| 2 Bedrooms | $254.9K | $229.9K | -9.8% |
| 3 Bedrooms | $343.4K | $309.9K | -9.8% |
| 4 Bedrooms | $358K | $360.9K | +0.8% |
| 5+ Bedrooms | $395.9K | $369.9K | -6.6% |
Summary: Homosassa housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.4%, 2 bedroom homes decreased by 9.8%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 6.6%.
Median Sold Price Compared To Nearby Cities
| Hernando Beach | $387K | $428K | +10.6% |
| Spring Hill | $310K | $316.8K | +2.2% |
| Homosassa | $348.2K | $320K | -8.1% |
| Lecanto | $335K | $290K | -13.4% |
Housing Supply in Homosassa, FL
How many homes are available in Homosassa, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 278 | 302 | +8.6% |
Summary: The Homosassa real estate market had 302 homes for sale in March 2024, a 8.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 34 | 41 | +20.6% |
| 3 Bedrooms | 130 | 134 | +3.1% |
| 4 Bedrooms | 93 | 107 | +15.1% |
| 5+ Bedrooms | 18 | 16 | -11.1% |
Summary: The Homosassa housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 20.6%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 35 | 37 | +5.7% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Homosassa, you may be able to get a good deal. 54.1% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Homosassa in March 2024, up by 5.7% month-over-month. Of the 37 sold homes, 54% were sold under asking, 32% were sold at asking, and 14% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 35 Days | 67 Days | +92.7% |
Summary: Homes in Homosassa had an average of 67 days on market in Mar 2024, up by 92.7% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Homosassa are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 37 homes were sold in Homosassa; 38% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.