Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$387,784−0.5% YoY · prices are flat
Market right nowBalanced marketFewer homes for sale than last year, 20% have cut their price
Income needed to buy, per year$84,063About 1.0× the local median income ($85,035): affordable for a typical household
Days on market60 daysFaster than a year ago: sellers have the edge
Next 12 months−1.4%Zillow expects prices to dip slightly
The typical home in Sumter County, FL is worth $387,784, down 0.5% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $427,223, so the area is 9.2% undervalued. It is a balanced market: homes take about 60 days to sell, listings are down 6% from a year ago, 20% of listings have had a price cut. Zillow expects prices to fall about 1.4% over the next year. A household needs about $84,063 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $85,035. Typical rent is $1,723 a month, or $1,955 for a house. In the latest IRS figures, 5,343 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$387,784
Change in 1 year
−0.5%
Overvalued %
−9.2%
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Fair home value
$427,223
Change in 5 years
+17.9%
Zillow forecast, next 12 months
−1.4%
Home value to income
4.6×
Monthly mortgage payment (20% down)
$2,102
Income needed to afford it
$84,063
Property tax rate
0.78%
Rent and investing
Typical rent
$1,723
Typical rent for houses
$1,955
Price-to-rent ratio
18.8×
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HUD Fair Market Rent, 2 bedrooms
$1,324
Gross rental yield
5.33%
Cap rate (estimate)
3.47%
Market activity
Listings vs a year ago
−6.2%
Days on market
60
Listings with a price cut
20.1%
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Homes for sale
588
Pending sales per 100 listings
43
Asking price per sq ft
$251
People and jobs
Median household income
$85,035
Population change (1 year)
+2.3%
Unemployment rate
5.5%
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Population
157,772
Income adjusted for cost of living
$99,573
Net moves in (IRS)
+5,343
Cost of living (US = 100)
85.4
Schools, risk and environment
School rating (1 to 10)
8.2
FEMA hazard risk score (0 to 100)
87.6
Flood risk score
84.8
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Wildfire risk score
92.3
Walkability (1 to 20)
7.3
Road, rail and air noise
54 dB
Questions people ask
Is Sumter County, FL overvalued?
Home prices in Sumter County, FL are slightly below what local incomes have historically supported: fair value is about $427,223, so the area is 9.2% undervalued.
Is Sumter County, FL a buyer's or seller's market?
Sumter County, FL is a balanced market: homes take about 60 days to sell, listings are down 6% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Sumter County, FL?
Home values in Sumter County, FL are down 0.5% over the last year. Zillow's forecast for the next 12 months is −1.4%.
How much do you need to earn to buy a home in Sumter County, FL?
A household needs about $84,063 a year to afford the typical home in Sumter County, FL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $85,035.