Hernando County Housing Market Report December 2024•Hernando County, Florida

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Housing Prices in Hernando County, FL

How much do homes in Hernando County, FL cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Hernando County is a Neutral Market

Difference Since December 2023

At the same time last year, Hernando County was a Seller's Market.

Insight

Hernando County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$328,969$191/SqFt
+$8,898
+2.8%

Based on all homes sold in the last 12 months

Insight

Homes in Hernando County have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Hernando County was $328,969 in December 2024, up 2.8% from last year, and the median price per square foot was $191.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Citrus County
+3.9%
Sumter County
+3.8%
Pasco County
+3.0%
Hernando County
+2.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$140K$127.5K
-8.9%
2$250K$252.2K
+0.9%
3$325K$330K
+1.5%
4$363.8K$364.1K
0.1%
5$430K$401.9K
-6.5%

Summary: Hernando County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -8.9%. The home price for 2 bedroom homes increased by +0.9%. The home price for 3 bedroom homes increased by +1.5%. The home price for 4 bedroom homes increased by 0.1%. The home price for 5 bedroom homes decreased by -6.5%.

Housing supply in Hernando County, FL

How many homes are available in Hernando County, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
2,440Last MonthDec 2024
2,4832 months agoNov 2024
-1.7 %
Change MoMNov – Dec

Summary: The Hernando County real estate market had 2,440 homes for sale in Dec 2024, a 1.7 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
405Last MonthDec 2024
4102 months agoNov 2024
-1.2 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
11517
+13.3%
2548527
-3.8%
31,2381,215
-1.9%
4577578
0.2%
5105103
-1.9%

Summary: Hernando County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +13.3%. The inventory for 2 bedroom homes decreased by -3.8%. The inventory for 3 bedroom homes decreased by -1.9%. The inventory for 4 bedroom homes decreased by 0.2%. The inventory for 5 bedroom homes decreased by -1.9%.

Asking Price vs. Sold Price

How much do homes in Hernando County, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price70 Homes

At Asking Price111 Homes

Under Asking Price224 Homes

Insight

If you're buying a home in Hernando County, you may be able to get a good deal. 55.3% of homes here sold below asking price last month.

Summary: A total of 405 homes were sold or pending in Hernando County in December 2024, down by 1.2% month-over-month. Of the 405 sold homes, 55% were sold under asking, 27% were sold at asking, and and 17% were sold over asking.

Days on Market for Hernando County, FL

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

Breakdown of Home Sale Times

Under 30 Days120 Homes

30 – 90 Days84 Homes

Over 90 Days65 Homes

Insight

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

Summary: During December 2024, 405 homes were sold in Hernando County; 30% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
59 DaysThis YearDec 2024
36 Days1 year agoDec 2023
+65.3 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Hernando County had an average listing age of 59 days in Dec 2024, up by 65.3% compared to the previous year.

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Newest Listings in Hernando County, FL

What homes are available in Hernando County, FL?

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MLS Disclaimers and Copyright

Based on information from Stellar MLS, Hernando County Information Services MLS, Heartland Association of REALTORS® MLS, Citrus County MLS, and Miami MLS for the period 01/01/2023 - 01/01/2025

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:19:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The information contained herein has been provided by by Hernando County Association of REALTORS®. This information is from sources deemed reliable but not guaranteed. The information is for consumers' personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. The information contained in this web site is believed to be reliable and while every effort is made to assure that the information is as accurate as possible, the owner of this site disclaims any implied warranty or representation about it's accuracy, completeness or appropriateness for any particular purpose. This includes but is not limited to information provided by any third party which is accessed through this site via a hyperlink. Those persons who access this information assume full responsibility for the use of said information and understand and agree that the owner of this site named above not responsible or liable for any claim, loss or damage arising from the use of any information contained in this site. Any reference to specific products, companies or services does not necessarily constitute or imply recommendation or endorsement by the owner of this site.

Copyright © 2025 Hernando County Association of REALTORS®
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker Reciprocity The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with a Broker Reciprocity logo provided. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2025 Heartland Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:16:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is provided by Realtors® Association of Citrus County, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information 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. Copyright © 2025 Realtors® Association of Citrus County, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:16:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX © 2025 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.