Citrus County home values up over 50% over past 3 years in some areas

Did you know that home prices in Citrus County are up over 50% over the past 3 years? Our area has been doing quite well, so we figured we'd share some of the data:

       

In 2016, the price of an average Lecanto home was just over $150k and today it's over $250k.  That's a big jump.  As you can see from the charts, every area of Citrus County has seen nice gains over the past 4 years. Here are the percentages:


Inverness -- 22%

Lecanto -- 56%

Homosassa -- 19%

Crystal River -- 17%

Beverly Hills -- 26%


Now, you have to take those Lecanto numbers with a little grain of salt because only about 20 homes per month sell there, and so a handful of pricey sales will skew the numbers.  But that said, holy moly, that's a big change from 2016!

Every area tells a similar story.  And even Homosassa & Crystal River which have "only" seen 17-19% appreciation since 2016, has seen activity skyrocket:

  

As you can see, in 2019, activity in these coastal communities has gone up by as much as 20%.

All in all, Citrus County has been a very good place to be these past few years.  And if you've pondered selling your home, now is a great time to do so.

Other blog entries

Escape Room in Crystal River (07/25/2019)
4th of July Celebrations in Citrus County (07/01/2019)
Learn Real Estate Jargon (05/22/2019)
Some Citrus County Restaurant News (05/02/2019)
City of Inverness Veteran's Day Parade! (11/09/2018)
Important News For City Of Inverness (10/11/2018)
What's Happening This weekend in Citrus County? (09/27/2018)
Citrus County Speedway Reopened + $10,000 giveaway! (09/05/2018)
MARKEY SPOTLIGHT: Celina Hills (08/31/2018)

» Blog archive

Click on Map to Start Your Citrus County Home Search