Is Hernando Beach, 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, Hernando Beach was a Seller's Market.
Housing Prices in Hernando Beach, FL
How much do homes in Hernando Beach, FL cost?
Median Sold Price
$435,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hernando Beach was $435,000 in April 2024, up 12.4% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $580K | - | N/A |
2 Bedrooms | $269K | $283.7K | +5.5% |
3 Bedrooms | $400K | $449.5K | +12.4% |
4 Bedrooms | $555K | $550K | -0.9% |
5+ Bedrooms | $757.5K | $739.5K | -2.4% |
Summary: Hernando Beach 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 increased by 5.5%, 3 bedroom homes increased by 12.4%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 2.4%.
Median Sold Price Compared To Nearby Cities
Hernando Beach | $387K | $435K | +12.4% |
Spring Hill | $310K | $317.6K | +2.4% |
Weeki Wachee | $344.5K | $350K | +1.6% |
Homosassa | $343.2K | $321.2K | -6.4% |
Housing Supply in Hernando Beach, FL
How many homes are available in Hernando Beach, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
328 | 354 | +7.9% |
Summary: The Hernando Beach real estate market had 354 homes for sale in April 2024, a 7.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 81 | 84 | +3.7% |
3 Bedrooms | 182 | 201 | +10.4% |
4 Bedrooms | 48 | 52 | +8.3% |
5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The Hernando Beach 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 3.7%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 50 | +25.0% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in Hernando Beach in April 2024, up by 25.0% month-over-month. Of the 50 sold homes, 58% were sold under asking, 34% were sold at asking, and 8% were sold over asking.
Days on Market for Hernando Beach, FL
How long does it take to sell a home in Hernando Beach, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 61 Days | -3.7% |
Summary: Homes in Hernando Beach had an average of 61 days on market in Apr 2024, down by 3.7% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During April 2024, 50 homes were sold in Hernando Beach; 40% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.