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Hernando, FL

Full City Profile · Florida · Citrus County County

2.5 /5.0
C+ Fair
8,795 Population 277/sq mi density
$41,564 Median Income $27,694 per capita
$189,200 Home Value $352,541 Zillow
$922 Median Rent 33.8% income on rent
70°F Avg Temperature 314 sunny days/yr
511 Violent Crime/100K 3,348 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$41,564 median income, 3.7% unemployment
A
Affordability
4.1 / 5.0
$189,200 home value, $922/mo rent
F
Safety
1.0 / 5.0
511 violent crimes/100K (34% above avg)
C
Education
2.1 / 5.0
14.2% bachelor's degree or higher

Housing Overview

Median Home Value
$189,200
33% below
US avg: $281,900
Median Rent
$922/mo
21% below
US avg: $1,163/mo
Homeownership Rate
84.7%
30% above US avg (65.4%)
Total Housing Units
5,574
Median year built: 1986

Home Value by Source

Census Median
$189,200
Zillow (ZHVI)
$352,541
Median Sale Price
$327,500
Median List Price
$368,700
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

84.7%
Owner-Occupied
15.3%
Renter-Occupied
85%
15%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,593/mo
1 Bedroom
$1,696/mo
2 Bedroom
$1,977/mo
3 Bedroom
$2,527/mo
4 Bedroom
$3,077/mo
Census median rent: $922/mo

Market Indicators (Redfin)

Median Days on Market
71 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
15
Price Drops
40.0%
of listings with price reduction
Price Per Sq Ft
$176
Active Inventory
45
homes for sale

Affordability & Housing Stock

Rent Burden
33.8%
of renters spending 30%+ of income on housing
9% above US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
84.7%

Complete Housing Data

Home Values

Census Median Value$189,200
Zillow Home Value (ZHVI)$352,541
Median Sale Price$327,500
Median List Price$368,700
Price Per Sq Ft$176

Rent

Census Median Rent$922
FMR Studio$1,593
FMR 1-Bedroom$1,696
FMR 2-Bedroom$1,977
FMR 3-Bedroom$2,527
FMR 4-Bedroom$3,077

Market

Days on Market71
Sale-to-List Ratio1.0%
Price Drops40.0%
Homes Sold15
Active Inventory45
Price Per Sq Ft$176

Ownership & Stock

Owner-Occupied84.7%
Renter-Occupied15.3%
Homeownership Rate84.7%
Total Housing Units5,574
Median Year Built1986
Rent Burden33.8%