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Featured local agent — Cheval, FL
Sarah Mitchell
Compass Real Estate · Cheval, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Cheval, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$585,000median sale price
How is the Cheval, FL housing market right now?
The median home sale price in Cheval, FL is $585,000, down 2.0% year-over-year. Homes sell in an average of 45 days with 32 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Cheval a buyer's or seller's market?
Cheval, FL is currently a seller's market, based on 1.9 months of supply and homes selling in about 45 days. How we determine this →
Homes sold
17
Last 12 weeks
Days on market
45
Average pace
Active listings
32
1.9 months supply
Sale-to-list
97.0%
Below asking
What does the Cheval housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $585,000 |
| Median list price | $599,450 |
| Year-over-year price change | -2.0% |
| Average days on market | 45 days |
| Active inventory | 32 listings |
| Months of supply | 1.9 months |
| Sale-to-list price ratio | 97.0% |
| Median price per sq ft | $246/sq ft |
| Homes sold (latest month) | 17 |
| New listings (latest month) | 16 |
| Listings with a price cut | 25.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Cheval by property type?
How the Cheval, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $587,500 | $248/sq ft | 16 | 35 days |
| Condo / Co-op | $206,500 | $215/sq ft | 1 | 133 days |
| Townhouse | $535,000 | $216/sq ft | 1 | 13 days |
Source: Redfin · Updated monthly
The Cheval housing market is currently classified as a seller's market with a median sale price of $585,000. Prices have fallen 2.0% compared to last year, with homes spending an average of 45 days on market, indicating 1.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Cheval
There are currently 32 homes listed for sale in Cheval, Florida. The median listing price is $599K.
Active listings
32
Homes on market
Median list price
$599K
Avg. days on market
45
Days until sale
New this week
16
Newly listed
Who lives in Cheval?
Population
13,694
Median income
$92,095/yr
Median age
39.1 years
Owner-occupied
57.8%
College grads
56.6%
Avg commute
29.8 min
Source: U.S. Census Bureau ACS
What is it like to live in Cheval?
Cheval is a community of approximately 14K residents with a median age of 39.1 years.The median household income is $92,095, which reflects a relatively affluent area with strong earning potential. 56.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 57.8%, showing a blend of owner and renter-occupied properties. The average commute time is 29.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cheval offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Cheval, FL?
Want a head-to-head view? Compare Cheval side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Cheval?
The median home sale price in Cheval is $585,000, down 2.0% from last year.
How long do homes stay on market in Cheval?
Homes typically spend 45 days on market before going under contract.
What is the median income in Cheval?
The median household income is $92,095 per year.
Is Cheval a buyer's or seller's market?
With 1.9 months of supply, Cheval is currently a seller's market.
What is the median condo price in Cheval?
The median condo/co-op sale price in Cheval, FL is $206,500, compared to $587,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Cheval?
The median single-family home price in Cheval, FL is $587,500 (about $248 per square foot).
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