Sumter County, FL Home Values & Market Trends

The median home price in Sumter County, FL is $405,421.76. There were 4,682 home sales in Sumter County, FL over the past 12 months. The median residential Sumter County, FL home value for transactions over the previous year is $372,888.773. The number of current listings in Sumter County, FL is 373, and the percentage of properties for sale is 373.00%. The county has 163 foreclosures, 10 bank owned properties, 5 headed for auction, and 373 properties for sale.

Sumter County, FL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
The Villages

$ 377,138

$ 254/sqft

Webster

$ 317,000

$ 228/sqft

Wildwood

$ 275,000

$ 166/sqft

Sumterville

$ 80,701

$ 79/sqft

Lake Panasoffkee

$ 245,183

$ 194/sqft

Center Hill

$ 220,000

$ 204/sqft

Oxford

$ 349,900

$ 188/sqft

Coleman

$ --

$ --

Bushnell

$ 292,551

$ 155/sqft

Housing Market Summary for Sumter County, FL

Apr 2023March 2024Change
Median Listing Price$397K$394.5K-0.63%
Median Sold Price$426K$394.5K-7.39%
Homes For Sale3153438.89%
Homes Sold3,1623,2081.45%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Sumter County, FL

Sumter County, FL home values range from $20,556 to $6,721,486. Sumterville is the priciest city with a median listing home price of $450,000, and Coleman is most affordable with average house prices of around $139,000.

Foreclosure
There are 9 cities within Sumter County, FL; within these cities, the median estimated home value for homes in foreclosure ranges from $399,990 in Bushnell to the lowest value of $59,618 in Bushnell. Foreclosure homes account for 0.00% of properties in Sumter County, FL with The Villages containing 59 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.19% of all residential properties in Sumter County, FL with The Villages containing 54 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 9 cities within Sumter County, FL; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,015,028 in Coleman to the lowest home value of $84,117 in Lake Panasoffkee.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Sumter County, FL ranges from the highest value of $377,489 in The Villages to the lowest value of $59,618 in Bushnell. Bank owned homes and properties account for 0.01% of properties in Sumter County, FL. There are 9 cities within Sumter County, FL; Wildwood containing 5 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    The Villages has 3 auction properties, the highest number of properties going to auction in a single city in the state of Sumter County, FL. Auction homes and other auction properties account for 0.01% of all properties in Sumter County, FL. There are 9 cities within Sumter County, FL; of those cities, the median estimated home value for homes going to auction ranges from $379,233 in Bushnell to the lowest value of $219,445 in Bushnell.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.47% of residential properties in Sumter County, FL with The Villages containing 293 homes for sale, the highest number of listed properties in a single city. There are 9 cities within Sumter County, FL; homes for sale in those cities, have a range of median values from $220,000 in Center Hill to the lowest value of $20,880 in The Villages.
    Sold Homes
    The median value for recently sold homes ranges from $701,757 in Sumterville to the lowest price of $20,576 in Sumterville. There are 9 cities within Sumter County, FL. The Villages has 3280 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 4.36% of properties in Sumter County, FL.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Sumter County, FL
      $
      $

      Guide for Sumter County, FL

      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Fix and Flip
      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip
      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip
      Jacksonville, FL: Real Estate Market Trends 2023
      See More Articles
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.

      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.