34607

Hernando County, FL · 6,360 properties · updated 7/26/2026

Should you buy here?buyer-timing lens

35affordability /100

Buyer leverage is buyer advantage; weigh payment burden and the 3-lens valuation before bidding.

Payment burden

41.1%

severe

Days on market

daily

Price cuts

26.4%

of active

Valuation

+52.4%

vs assessor

Look up an address

/100

Weak

cooling · buyer advantage · prices easing year-over-year.

Price trend

Affordability

Valuation

Economic health

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

Strong Buyer's Market

Needs 27% correction for affordability

DOM: 91d (rising) · Market Dynamics rolling median · hourly

Score Components

Payment Burden (25%)90

Valuation Gap (25%)60

Supply & Demand (20%)100

Buy vs Rent (15%)100

Cancellation Rate (10%)75

Days on Market (5%)100

Strong buyer leverage in 34607. If you must buy now, offer 10-15% below list price. Payment burden: 40.2% of median income. A 13% price correction needed to reach 30% affordability threshold. Median days on market: 91. Renting is approximately 124% cheaper than buying (price-to-rent ratio: 26.9). Market appears 13% overpriced vs. assessed values.

What to Offer

Offer 10-15% below list price. Sellers are under pressure.

Conditions most similar to late 2007 — overvaluation without corresponding income growth. Significant correction potential.

COOLINGBUYER ADVANTAGE

Market is cooling with expanding inventory. Buyers have strong negotiating leverage.

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<p style="font:12px system-ui;margin:4px 0 0"><a href="https://lotvox.com/tampa/zip/34607?utm_source=embed&utm_medium=backlink"> 34607 housing market data</a> by <a href="https://lotvox.com/">Lotvox</a></p>

Market snapshoteach number, once

Median price

$405,757

▾ 0.9% YoY

Days on market

daily · zip_data

Median rent

$1,241

ZORI

Investor score

26/100

cash-flow lens

Active listings

100

90-day

Valuation3 lenses, different anchors

vs assessor

+52.4%

Market vs assessed value — a tax-roll lag, not a deal signal.

Avg assessor$618,200

county CAMA · properties_v

vs income

—

Fair-value model not available for this market.

fair_value_scores · 10-state coverage

vs county comps

+76.5%

County-wide market — the widest, slowest signal.

Hernando+76.5%

Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.

Pricing detail

Price / sqft$124

Price-to-income6.5×

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How 34607 ranks in FL

percentile vs all Florida ZIPs · n=1098

Market velocity28%

Supply tightness0%

Affordability14%

Investment yield8%

Appreciation49%

Affordability, supply & momentum

17SUPPLY

OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply37.5 mo

Days on Market86d

Inv vs History-23.6%

Listing Density25.8/1k

Affordability — payment burden

Monthly payment (P&I)$2,097

Payment burden41.1%

Median income · ZIP$61,221

Mortgage rate6.71% · 30yr

Total monthly own$2,503

Monthly rent$1,241

Market dynamics

Price cut %26.4%

Momentumcooling

LeverageBUYER ADVANTAGE

Months of supply37.5

Sales (90d)0

Investment analysis

Median rent$1,241

Price-to-rent26.9

Est. cap rate2.4%

Buy vs rentfavors renting

Livability

Walk score5

Transit score—

Bike score—

Historical trends

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Price bandsmix-shift

Price Bands — the median behind the median

A single median rises whenever expensive homes become a bigger share of what sells, even if no tier got more expensive. These are the tiers underneath it, computed from recorded arms-length deed transactions in Hernando.

Aggregate median -2.7% YoY in Tampa, FL (metro), but the under-$500k tier is -2.1% — the aggregate and the entry tier are moving together. Over the same year the under-$500k share of sales moved from 71.6% to 72.2% (+0.7pp) and the $1M+ share from 6.6% to 6.2% (-0.4pp).

Current tiers · 12 months to Aug 25floor 10 sales/tier

3 tiers had too few sales in this ZIP and are shown at county or metro level — see the stamp on each row.

Tier	Median	$/sqft	Sales	Share	Source
Under $250k	$155k	$103	82	24.4%	ZIP
$250k–$500k	$343k	$135	157	46.7%	ZIP
$500k–$750k	$582k	$177	76	22.6%	ZIP
$750k–$1M	$868k	$190	18	5.4%	ZIP
$1M–$1.5M	$1.20M	$178	28	—	COUNTY · Hernando, FL
$1.5M–$2M	$1.69M	$468	917	—	METRO · Tampa, FL
$2M+	$2.72M	$217	17	—	COUNTY · Hernando, FL
All sales (the headline median)	$350k	$148	336	100%	ZIP

ZIP-level history was too thin to draw the tiers; served at metro level (Tampa, FL), by quarter.

Share of sales by tier (quarterly)

If the upper tiers widen over time, the headline median rises on composition alone.

Under $250k
$250k–$500k
$500k–$750k
$750k–$1M
$1M–$1.5M
$1.5M–$2M
$2M+

Median within each tier, against the headline median (quarterly)

The blue line is the single number NAR-style reporting quotes. The gold lines are what each tier actually did. Log scale — the tiers span an order of magnitude, and on a log axis equal slopes mean equal percentage moves, which is the comparison being made.

Under $250k
$250k–$500k
$500k–$750k
$750k–$1M
$1M–$1.5M
$1.5M–$2M
$2M+
All sales (headline)

National context — not local

NAR's aggregate existing-home median for the United States and the South census region. This is the figure the tiers above are a check on. It is national/regional and says nothing about 34607.

United States
South

Copyright, National Association of Realtors. Reprinted with permission. Retrieved from FRED, Federal Reserve Bank of St. Louis. FRED publishes a rolling 13-month window for these series.

Tiers computed from Lotvox parcel and deed substrate through Aug 25 (10 later months withheld as partially loaded). Sample floor 10 sales per tier; below it a figure is drawn from the county or metro and labelled, or left blank. Multi-parcel bulk deeds and duplicate records are excluded.

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Hernando County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

ZIP 34607→Hernando County, FL

12-Month Direction

-12Moderate Deterioration

Confidence

100%

DeterioratingStableImproving

BuildersLens Market Intelligence

Market Score

37· Weak

Market Score grades housing-market conditions (affordability, valuation, supply). The county Healthy/Moderate/Distressed badge measures economic distress (jobs, debt, poverty) — the two can read differently.

Payment Burden49

30.3%

stretched

Source: Lotvox · Updated 2026-05-15

Buy vs Rent53

1.208x

rent advantage

Source: Lotvox · Updated 2026-05-15

Valuation5

+76.5%

overvalued

Source: Lotvox comps · Updated 2026-05-15