Citrus Park, FL—33625
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Citrus Park, FL
As of Oct '25, the median home price in Citrus Park, FL is $423,000, with a year-over-year change of -3.7%. This indicates that home prices in Citrus Park, FL are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $423,000 | -3.7% |
| Single Family | $424,000 | -3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $314,000 | -5.1% |
3 Bed | $408,000 | -3.8% |
4 Bed | $537,000 | -1.8% |
| 5 Bed | $717,000 | -1.2% |
% of Housing Stock
Rental Trends — Citrus Park, FL
As of July '25, Rentcast reports the average rent in Citrus Park, FL is $2,800, with a year-over-year rent change of 5.7%. Per bedroom, the median rent as of July '25 in Citrus Park, FL is 1-bedrooms: $1,690, 2-bedrooms: $2,180, 3-bedrooms: $2,590, 4-bedrooms: $3,600. The most common rental property sizes in Citrus Park, FL are 3-bedroom and 2-bedroom, accounting for 48.3% and 26.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,550 | $2,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,540 | $1,690 |
| 2 Bed Rent | $2,200 | $2,180 |
| 3 Bed Rent | $2,500 | $2,590 |
| 4 Bed Rent | $3,200 | $3,600 |
% of Rental Stock
Property Listings — Citrus Park, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Citrus Park, FL is 59. This is a increase of 19.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $475,000 | -1.0% |
Listing Count | 123 | 19.0% |
| Listings as % of Homes | 0.6% | 19.0% |
Days on Market | 59 | 19.0% |
Demographics — Citrus Park, FL
As of the latest ACS Survey released in 2023, Citrus Park, FL has a population of 29,300, which has increased by 11.8% over the past 5 years. Citrus Park, FL is a moderately popular place for families, as children make up 18.1% of the population. The area has a moderately educated workforce, with 38.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,300 | 11.8% |
% Under 18 | 18.1% | -11.7% |
% Seniors | 16.7% | 35.8% |
% WFH | 18.3% | 150.7% |
% w/ College Degree | 38.4% | 16.4% |
As of the latest ACS Survey released in 2023, Citrus Park, FL is a predominantly hispanic area, with 44.4% of the population identifying as hispanic. The hispanic population has grown by 29.4% in the last 5 years. The second most common race or ethnicity in Citrus Park, FL is white, making up 39.5% of the population. Foreign-born residents account for 27.9% of the population in Citrus Park, FL, and this percentage has increased by 24.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 39.5% | -21.2% |
% Black | 6.6% | -35.9% |
% Hispanic | 44.4% | 29.4% |
% Asian | 4.2% | -22.2% |
% Foreign Born | 27.9% | 24.6% |
Mortgage and Risk — Citrus Park, FL
According to HUD data as of 2023, there were 600 mortgage originations in Citrus Park, FL, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Citrus Park, FL. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 600 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Citrus Park, FL
As of 2024, the percent of homes in Citrus Park, FL under the Section 8 program is 4.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Citrus Park, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 171 |
Total Units Section 8 | 171 |
% Rentals under Section 8 | 4.4% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $540 | $1,540 | $2,080 |
| 2 Bedroom | $240 | $2,200 | $2,440 |
| 3 Bedroom | $620 | $2,500 | $3,120 |
| 4 Bedroom | $600 | $3,200 | $3,800 |
Affordability — Citrus Park, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $423,000 |
| Median Household Income | $83,900 |