Citrus Springs, FL 34433 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market indicator is the median sold price — $238,000 — which represents realized market value and recent transaction activity and should drive valuation and underwriting decisions for SFR and condo assets (representative recent sale).
2. The median listing price is $350,000, and when viewed alongside the median days on market of 388 and the market temperature classified as cold, this combination suggests pricing friction and slower sales velocity that may require seller concessions or staged pricing strategies.
3. Extended marketing periods signaled by the median days on market of 388 indicate reduced liquidity; sellers and listing agents should address time-on-market through targeted price adjustments, active marketing, or seller-paid incentives given the down price year-over-year trend.
4. The median market rent of $1,850 combined with a down rent year-over-year trend and elevated interest rate pressure (current 30-year fixed rates averaging approximately 6.5%) suggests investors should model softer rent growth and higher financing costs when assessing cash flow and hold strategies.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.