Home Values

Hernando Beach Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$234,400

  • 2.5% 1-year change
  • 0.5% 1-year forecast

The median home value in Hernando Beach is $234,400. Hernando Beach home values have gone up 2.5% over the past year and Zillow predicts they will rise 0.5% within the next year. The median list price per square foot in Hernando Beach is $160, which is higher than the Tampa Metro average of $106. The median price of homes currently listed in Hernando Beach is $249,000 while the median price of homes that sold is $238,923. The median rent price in Hernando Beach is $1,200, which is the same as 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 8.7%, which is higher than the national value of 6.3%. 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 18.5%, which is lower than Tampa Metro at 21.2%.

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Relative ZHVI
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Hernando Beach Market Overview

Data through Feb 28, 2015
  • $234,400 ZHVI
  • 0.5% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Feb 29, 2016)
  • $249,000 Median listing price
  • No recent data Median sale price
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Hernando Beach Market Health

Data through Feb 28, 2015
  • 1.1/10 Less healthy
    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
  • 18.5% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 8.7% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Weeki Wachee Gardens $142,500
North Weeki Wachee $134,700
Shady Hills $126,500
Name Median ZHVI
Hudson $112,600
New Port Richey $102,300
Timber Pines $101,600
Name Median ZHVI
Spring Hill $97,000
Brooksville $63,100
Port Richey $60,200

Listings & Sales

Data through Feb 28, 2015
  • $160 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 14.9% Listings with price cut
27.3%
Sold below listing
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Hernando Beach Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,367 Hernando Beach
    $1,272 Tampa Metro
    $1,355 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,200 Rent list price
  • $0.99 Rent list price / sq ft
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