Cities with the fastest growing home prices in Homosassa Springs metro area

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August 23, 2022
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Cities with the fastest growing home prices in Homosassa Springs metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Homosassa Springs, FL metro area using data from Zillow. Cities are ranked by 1-year price change as of July 2022. The typical home value in the United States increased over the last year by +19.8% to $354,165. All 7 cities and towns with data available were included in the list.

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1 / 7
Stacker

#7. Inverness, FL

- 1-year price change: +$58,867 (+31.6%)
- 5-year price change: +$124,476 (+103.1%)
- Typical home value: $245,192 (#6 most expensive city in metro)
2 / 7
Stacker

#6. Beverly Hills, FL

- 1-year price change: +$60,093 (+33.7%)
- 5-year price change: +$123,778 (+108.1%)
- Typical home value: $238,329 (#7 most expensive city in metro)
3 / 7
Stacker

#5. Crystal River, FL

- 1-year price change: +$68,408 (+30.3%)
- 5-year price change: +$143,747 (+95.7%)
- Typical home value: $293,911 (#4 most expensive city in metro)
4 / 7
Stacker

#4. Floral City, FL

- 1-year price change: +$69,131 (+32.1%)
- 5-year price change: +$148,440 (+109.2%)
- Typical home value: $284,397 (#5 most expensive city in metro)
5 / 7
Stacker

#3. Homosassa, FL

- 1-year price change: +$81,154 (+33.0%)
- 5-year price change: +$165,053 (+101.7%)
- Typical home value: $327,396 (#3 most expensive city in metro)

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6 / 7
Stacker

#2. Lecanto, FL

- 1-year price change: +$81,454 (+29.7%)
- 5-year price change: +$164,312 (+85.8%)
- Typical home value: $355,825 (#2 most expensive city in metro)
7 / 7
Stacker

#1. Hernando, FL

- 1-year price change: +$82,779 (+29.1%)
- 5-year price change: +$167,400 (+83.9%)
- Typical home value: $367,016 (#1 most expensive city in metro)

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