Homes for Sale Under 500K in Hernando, FL

2,281 Homes for Sale

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Hernando, FL Housing Market Overview

Hernando's housing market currently favors buyers. This gives buyers the upper hand in negotiations. With a 1.74-month supply of homes and an average of 86 days on the market, buyers have plenty of time to choose and significant bargaining power.

Status

Buyer's Market

Days on Market

86

Inventory

2,281

Aug 2021May 2024Jul 2026

Median Home Price

$340,000Down 14.79%

In Jul 2026 · YoY

Aug 2021May 2024Jul 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
2,281 Down 28.92%
Newly Listed Homes
10 Down 54.55%
Months of Supply
1.7 Up 4.54%

Housing Demand

Homes Sold
34 Down 32.00%
Sale-to-List Ratio
94.5% Down 2.16%
Homes Sold Above List
8.3% Down 12.50%

30-yr fixed rate 6.23% · Data as of Jul 2026 · Source: Houzeo Research.

View Full Hernando Market Report
  • mls-img
    Based on information from Stellar MLS® through Sep 5, 2026, 12:45 PM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.

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Hernando, FL Housing Marketlink qauare
Homes Available icon

2,281

Homes Available

Median List Price icon

$ 340,000

Median List Price

Avg on Market icon

86 Days

Avg on Market

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