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Featured local agent — Hernando, FL
Sarah Mitchell
Compass Real Estate · Hernando, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hernando, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$249,500median sale price
How is the Hernando, FL housing market right now?
The median home sale price in Hernando, FL is $249,500, down 10.9% year-over-year. Homes sell in an average of 20 days with 43 active listings. The market is currently a balanced 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 Hernando a buyer's or seller's market?
Hernando, FL is currently a balanced market, based on 3.6 months of supply and homes selling in about 20 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
20
Fast-moving
Active listings
43
3.6 months supply
Sale-to-list
95.9%
Below asking
What does the Hernando housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $249,500 |
| Median list price | $339,900 |
| Year-over-year price change | -10.9% |
| Average days on market | 20 days |
| Active inventory | 43 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 95.9% |
| Median price per sq ft | $151/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 15 |
| Listings with a price cut | 46.5% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Hernando by property type?
How the Hernando, 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 | $249,500 | $151/sq ft | 12 | 20 days |
Source: Redfin · Updated monthly
The Hernando housing market is currently classified as a balanced market with a median sale price of $249,500. Prices have fallen 10.9% compared to last year, with homes spending an average of 20 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 8.6x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Hernando
There are currently 43 homes listed for sale in Hernando, Florida. The median listing price is $340K.
Active listings
43
Homes on market
Median list price
$340K
Avg. days on market
20
Days until sale
New this week
15
Newly listed
Who lives in Hernando?
Population
8,795
Median income
$41,564/yr
Median age
60.4 years
Owner-occupied
84.7%
College grads
14.2%
Avg commute
32.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Hernando?
Zillow home value
$355,725
Zillow rent index
$1,814/mo
Price-to-rent ratio
16.3x
Price-to-income
8.6x
Source: Zillow Research
What is it like to live in Hernando?
Hernando is a community of approximately 9K residents with a median age of 60.4 years.The median household income is $41,564, which represents a working-class community with solid middle-income opportunities. 14.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 84.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Hernando offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hernando?
2 schools tracked · 1,483 students
The largest public schools serving Hernando, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
HERNANDO ELEMENTARY SCHOOL
Grades PK-5 · 785 students
FOREST RIDGE ELEMENTARY SCHOOL
Grades PK-5 · 698 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Hernando, FL?
Want a head-to-head view? Compare Hernando side-by-side with any other U.S. city using our market-comparison tool.
Is Hernando a good real estate investment market?
For investors evaluating Hernando, the price-to-rent ratio of 16.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 10.9% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Hernando's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Hernando's median home price.
Frequently asked questions
What is the average home price in Hernando?
The median home sale price in Hernando is $249,500, down 10.9% from last year.
How long do homes stay on market in Hernando?
Homes typically spend 20 days on market before going under contract.
What is the median income in Hernando?
The median household income is $41,564 per year.
Is Hernando a buyer's or seller's market?
With 3.6 months of supply, Hernando is currently a balanced market.
What is the Zillow home value estimate for Hernando?
The Zillow Home Value Index (ZHVI) for Hernando is $355,725, representing the typical home value in the area.
How much does a single-family home cost in Hernando?
The median single-family home price in Hernando, FL is $249,500 (about $151 per square foot).
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