Is Citrus County, 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, Citrus County was a Seller's Market.
Housing Prices in Citrus County, FL
How much do homes in Citrus County, FL cost?
Median Sold Price
$276,683
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Citrus County was $276,683 in April 2024, down 1.2% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | $142.5K | +5.6% |
2 Bedrooms | $210K | $199.5K | -5.0% |
3 Bedrooms | $285.3K | $280K | -1.9% |
4 Bedrooms | $334K | $324.9K | -2.7% |
5+ Bedrooms | $386.9K | $377.4K | -2.5% |
Summary: Citrus County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.6%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 2.5%.
Median Sold Price Compared To Nearby Counties
Hernando County | $314.9K | $319.9K | +1.6% |
Marion County | $274.9K | $274.9K | 0% |
Citrus County | $280K | $276.6K | -1.2% |
Sumter County | $360.2K | $355.2K | -1.4% |
Levy County | $256.2K | $240.2K | -6.2% |
Housing Supply in Citrus County, FL
How many homes are available in Citrus County, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,095 | 1,159 | +5.8% |
Summary: The Citrus County real estate market had 1,159 homes for sale in April 2024, a 5.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 9 | +80.0% |
2 Bedrooms | 230 | 244 | +6.1% |
3 Bedrooms | 549 | 583 | +6.2% |
4 Bedrooms | 271 | 283 | +4.4% |
5+ Bedrooms | 40 | 40 | 0.0% |
Summary: The Citrus County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 80%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
182 | 167 | -8.2% |
Asking Price vs. Sold Price
112 Homes Were Sold
Under Asking
45 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 167 homes were sold or pending in Citrus County in April 2024, down by 8.2% month-over-month. Of the 167 sold homes, 67% were sold under asking, 27% were sold at asking, and 6% were sold over asking.
Days on Market for Citrus County, FL
How long does it take to sell a home in Citrus County, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 55 Days | +17.9% |
Summary: Homes in Citrus County had an average of 55 days on market in Apr 2024, up by 17.9% compared to last year.
Breakdown of Home Sale Times
72 Homes Were Sold
Under 30 Days
59 Homes Were Sold
In 30 - 90 Days
36 Homes Were Sold
Over 90 Days
Summary: During April 2024, 167 homes were sold in Citrus County; 43% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.