Brooksville FL Single Family Homes For Sale - 298 Homes | Zillow (2024)

FAQs

What is the average cost of a single family home in Florida? ›

The median sale price of a single-family home in Florida is $409,243, according to Florida Realtors' September 2023 market report. If you're comfortable with a smaller space, you'll be rewarded with a smaller price: The median price of a condo or townhouse is $324,990.

The Florida housing market is currently experiencing rising home prices, strong demand driven by population growth, and a shift toward a more balanced market as interest rates and inflation rise.

Blackstone Group is by far the biggest buyer of single family houses with an estimated $2.5 billion totaling up to 16,000 single-family houses and they are currently in Atlanta GA, Chicago IL, Las Vegas NV, Phoenix AZ, and Inland Empire, LA, Sacremento Valley, Bay Area, Central Valley California, Miami Orlando and ...

There are 268 split level house for sale in Florida.

Soaring home prices: Although prices in some parts of Florida have started declining in recent months, homes are much costlier than before the pandemic homebuying boom, when many affluent remote workers moved in and pushed up prices.

The minimum down payment for a conventional mortgage loan is 3%, but you will need to pay for private mortgage insurance (PMI) if you bring less than 20% down to closing. To qualify for a Conventional mortgage, you'll need a credit score of at least 620 points and a debt-to-income ratio of no more than 43%.

Is it a Good Time to Buy or Sell in Florida? The Florida real estate market continues to appreciate; therefore, even with higher mortgage rates, buying now could prove to be a worthwhile investment. The median sale price is predicted to continue rising between the strong demand and low inventory.

Not for the next few years. Florida's housing market will not crash in 2024. Despite low housing demand and modest home prices, Florida's market is afloat.

With the projected rate cuts and Southeast Florida's strong economic fundamentals, the June 2024 update of the 2024-2025 Southeast Florida Housing Outlook projects a sales recovery and sustained price growth in 2025, driven by a robust demand for single-family homes while condominium sales remain flat.

Single women in the United States are outpacing single men in homeownership. A 2023 Pew Research Center survey using 2022 census data found that single women owned 58 percent of the nearly 35.2 million homes owned by unmarried Americans, while single men owned 42 percent.

What age group owns the most homes? ›

The homeownership rate was the highest among Americans in their early 70s and the lowest among people in their early 20s in 2023.

The standard provision reads two person per bedroom are permitted in a unit or home. However, does this occupancy restriction violates the federal and/or Florida Fair Housing Acts (“FHA”)? The short answer is, it depends. The federal and Florida FHA's are virtually identical.

At the state level, Florida does not enforce a blanket policy restricting ADUs; however, nuances at the local level can significantly alter the ability to construct these additional living spaces on your property.

Wet Soils

Most parts of Florida, Louisiana, and eastern Texas have swaths of wetland or swamps or significant coastlines. So, there's just too much water underground to make basem*nt construction feasible. Water, in some cases, is less than one meter (3.3 feet) deep.

What is the average cost of living in Florida? According to the Bureau of Economic Analysis, the average cost of living per year in Florida is around $50,689 per person. The cost of living in Florida per month equates to approximately $4,224 per person.

Cost estimates include expenses related to housing, food, child care, transportation, health care, taxes, and other necessities. In Florida, the estimated cost of living for a family of four stands at $82,998 for 2022, lower than the national average and the 25th highest among states.