Hernando Beach Home Prices & Values

$233,000 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 8.6% 1-year change
  • 3.5% 1-year forecast

The median home value in Hernando Beach is $233,000. Hernando Beach home values have gone up 8.6% over the past year and Zillow predicts they will rise 3.5% within the next year. The median list price per square foot in Hernando Beach is $164, which is higher than the Tampa Metro average of $103. The median price of homes currently listed in Hernando Beach is $249,900 while the median price of homes that sold is $238,923. The median rent price in Hernando Beach is $1,300, which is higher than the Tampa Metro median of $1,200.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Hernando Beach is 10.2%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Hernando Beach homeowners underwater on their mortgage is 20.3%, which is lower than Tampa Metro at 23.7%.

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Relative ZHVI
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Hernando Beach Market Overview

Data through Jul 31, 2014
  • $233,000 ZHVI
  • 3.5% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $249,900 Median listing price
  • No recent data Median sale price
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Hernando Beach Market Health

Data through Jul 31, 2014
  • 5.8/10 Healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 20.3% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 10.2% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Shady Hills $144,300 North Weeki Wachee $136,600 Weeki Wachee Gardens $133,200
Hudson $115,500 New Port Richey $110,500 Timber Pines $108,700
Spring Hill $99,600 Brooksville $67,300 Port Richey $61,700

Listings & Sales

Data through Jul 31, 2014
  • $164 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 35.2% Listings with price cut
12.1%
Sold below listing
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Hernando Beach Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,258 Hernando Beach
$1,239 Tampa Metro
$1,318 United States
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $1,300 Rent list price
  • $0.96 Rent list price / sq ft
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