Is Lecanto, FL 34461 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Lecanto is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score19/ 100

More competitive than 13% of U.S. ZIP codes, and #420 of 796 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.8Under 4 months = seller’s market
Sold above original list8.9%Share of sales, last 3 months
Median sale-to-list96.6%Sold price ÷ list price
Median days on market61Listing to accepted offer
Median price per sq ft$164▼ −10.0% vs. last year

The Lecanto housing market right now

In the three months ending August 31, 2026, 9% of homes in Lecanto, FL 34461 sold above their list price, the typical home went under contract in 61 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 46 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold more slowly (58 days then) and the median sale price fell 1% to $334,855. Overall, Lecanto is about as competitive as it was a year ago.

Within Citrus County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Lecanto ranks #420 of 796 FL ZIP codes with enough sales (score 19 out of 100).

Nearby, buyers who want less competition could look at Crystal River 34429 (1% sold over asking) or Crystal River 34428 (2% sold over asking), while Inverness 34452 (14% sold over asking) and Dunnellon 34434 (12% sold over asking) are even more competitive.

Nearby markets

Beverly Hills 34465Balanced $176 /sq ftCrystal River 34428Balanced $212 /sq ftCrystal River 34429Balanced $167 /sq ftDunnellon 34433Seller’s market $164 /sq ft Browse all markets →

Where Lecanto is

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Questions about Lecanto real estate

Is Lecanto a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in Lecanto, FL 34461 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Lecanto?

The typical home went under contract in 61 days in the latest three months.

Do homes in Lecanto sell over asking?

9% of homes sold above their original list price, and the typical sale closed at 96.6% of the list price.

What are property taxes in Lecanto?

About 0.58% of a home’s value a year in Citrus County, or roughly $2,320 on a $400,000 home.

What is the median home price in Lecanto?

The median sale price was $334,855 in the three months ending August 31, 2026, about $164 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology