Citrus County Real Estate Market Snapshot – September 2025

🏡 Citrus County Real Estate Market Snapshot – September 2025

Data Source: Florida REALTORS® / REALTORS® Association of Citrus County MLS Reports (Released October 23, 2025)

As fall settles into Citrus County, our September housing data paints a dynamic picture across all property types. While demand remains steady, we’re seeing inventory levels rise and days on market extend — giving buyers a bit more breathing room while sellers continue to benefit from resilient prices across most segments.

📈 Single-Family Homes: Steady Prices, Strong Sales Momentum

September saw 271 single-family home closings, up 31.6% year-over-year — marking one of the most active months of 2025. The median sale price landed at $284,990, just 3.4% below last year, while the average sale price held firm at $340,804, down less than 1%

Dollar volume surged 30.8% to over $92.4 million, indicating continued buyer confidence despite higher days on market. Homes took a median of 77 days to go under contract, nearly double last year’s pace, and 117 days to close, reflecting a slower transaction timeline as lending processes and negotiations stretch out

Key Highlights:

• Closed Sales: 271 (+31.6%)

• Median Sale Price: $284,990 (-3.4%)

• Percent of Original List Price Received: 93.4% (-1.2%)

• Median Time to Contract: 77 Days (+83.3%)

• Months Supply of Inventory: 6.0 (+20%)

Rising inventory — now at 1,605 active listings — suggests the market is transitioning toward balance. More sellers are entering the market, with 463 new listings in September (up 32.3%), giving buyers additional choices heading into the fall.

🏢 Townhouses & Condos: Prices Stabilize, Time to Sell Improves

The townhouse and condo sector remained modest but steady. Nine units closed in September, mirroring last year’s total. The median sale price eased slightly to $167,500 (down 5.6%), while the average sale price climbed sharply to $227,371, up 15.3% year-over-year

The segment continues to attract cash buyers — 66.7% of sales were paid in cash, signaling strong investor and downsizer participation. The median percent of list price received remained high at 85.9%, reflecting healthy buyer-seller negotiations in a more balanced environment

One major improvement came in the median time to sale, which dropped to 165 days (down 24% from last year), showing smoother closing processes as backlogs from earlier in the year ease.

Key Highlights:

• Closed Sales: 9 (flat year-over-year)

• Median Sale Price: $167,500 (-5.6%)

• Average Sale Price: $227,371 (+15.3%)

• Median Time to Sale: 165 Days (-24%)

• Inventory: 104 Active Listings

🏠 Manufactured Homes: Consistent Pricing, Slight Dip in Sales

September was steady for the manufactured housing segment, with 47 closed sales, down slightly (-10.7%) from last year. The median sale price rose modestly to $166,000, a 1.2% year-over-year increase, and the average sale price came in at $171,721

Despite the dip in unit sales, the total dollar volume increased by 8% to $8.1 million, signaling strong value retention within this market. Sellers received 92.8% of their original list price, while properties took a median of 61 days to go under contract and 94 days to close, both slightly longer than last year

Key Highlights:

• Closed Sales: 47 (-10.7%)

• Median Sale Price: $166,000 (+1.2%)

• Average Sale Price: $171,721 (-3.5%)

• Median Time to Contract: 61 Days (+5.2%)

• Percent of List Price Received: 92.8% (+1.4%)

With 190 active listings and a 3.9-month supply, manufactured homes remain one of Citrus County’s most affordable and stable property segments — particularly appealing to seasonal residents and retirees.

🧭 Market Outlook

Across all segments, Citrus County’s housing market remains strong but shifting. Inventory is growing, time on market is increasing, and cash transactions continue to play a large role, especially in the manufactured and condo sectors. These trends point toward a market gradually returning to balance — offering opportunities for both buyers and sellers as we close out 2025.

For REALTORS®, now is the time to:

• Educate clients on realistic pricing strategies.

• Highlight increased buyer opportunities due to expanded inventory.

• Leverage data-driven marketing to showcase stability and value.

🏠 REALTORS® Association of Citrus County

Committed to providing trusted, data-driven insights for our members and community.

Learn more at raccfl.com and follow us on social media for monthly market updates, local housing trends, and member news.