Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$268,692−0.8% YoY · prices are falling
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 21% have cut their price
Income needed to buy, per year$58,247About 1.0× the local median income ($59,737): affordable for a typical household
Days on market82 daysAbout the same pace as a year ago
Next 12 months−0.7%Zillow expects prices to dip slightly
The typical home in Homosassa Springs, FL is worth $268,692, down 0.8% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $246,925, so the area is 8.8% overvalued. It is a balanced market, leaning toward buyers: homes take about 82 days to sell, listings are down 15% from a year ago, 21% of listings have had a price cut. Zillow expects prices to fall about 0.7% over the next year. A household needs about $58,247 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 $59,737. Typical rent is $1,755 a month, or $1,782 for a house. In the latest IRS figures, 4,216 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
$268,692
Change in 1 year
−0.8%
Overvalued %
+8.8%
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Fair home value
$246,925
Change in 5 years
+16.0%
Zillow forecast, next 12 months
−0.7%
Home value to income
4.5×
Monthly mortgage payment (20% down)
$1,456
Income needed to afford it
$58,247
Property tax rate
0.58%
Rent and investing
Typical rent
$1,755
Typical rent for houses
$1,782
Price-to-rent ratio
12.8×
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HUD Fair Market Rent, 2 bedrooms
$1,194
Gross rental yield
7.84%
Cap rate (estimate)
5.09%
Market activity
Listings vs a year ago
−14.6%
Days on market
82
Listings with a price cut
20.7%
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Homes for sale
1,552
Pending sales per 100 listings
29
Asking price per sq ft
$181
People and jobs
Median household income
$59,737
Population change (1 year)
+1.1%
Unemployment rate
6.3%
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Population
171,666
Income adjusted for cost of living
$63,890
Net moves in (IRS)
+4,216
Cost of living (US = 100)
93.5
Schools, risk and environment
School rating (1 to 10)
5.3
FEMA hazard risk score (0 to 100)
94.7
Unhealthy air days a year
1
Show 4 more
Flood risk score
92.6
Wildfire risk score
90.5
Walkability (1 to 20)
6.9
Road, rail and air noise
55 dB
Questions people ask
Is Homosassa Springs, FL overvalued?
Home prices in Homosassa Springs, FL are slightly above what local incomes have historically supported: fair value is about $246,925, so the area is 8.8% overvalued.
Is Homosassa Springs, FL a buyer's or seller's market?
Homosassa Springs, FL is a balanced market, leaning toward buyers: homes take about 82 days to sell, listings are down 15% from a year ago, 21% of listings have had a price cut.
Are home prices going down in Homosassa Springs, FL?
Home values in Homosassa Springs, FL are down 0.8% over the last year. Zillow's forecast for the next 12 months is −0.7%.
How much do you need to earn to buy a home in Homosassa Springs, FL?
A household needs about $58,247 a year to afford the typical home in Homosassa Springs, FL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $59,737.