Belleview, FL—34420
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Belleview, FL
As of Oct '25, the median home price in Belleview, FL is $243,000, with a year-over-year change of -2.9%. This indicates that home prices in Belleview, FL are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $243,000 | -2.9% |
| Single Family | $243,000 | -3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $176,000 | -4.9% |
3 Bed | $246,000 | -3.1% |
4 Bed | $325,000 | -0.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Belleview, FL
As of July '25, Rentcast reports the average rent in Belleview, FL is $1,570, with a year-over-year rent change of 3.3%. Per bedroom, the median rent as of July '25 in Belleview, FL is 1-bedrooms: $959, 2-bedrooms: $1,270, 3-bedrooms: $1,780, 4-bedrooms: $2,200. The most common rental property sizes in Belleview, FL are 2-bedroom and 3-bedroom, accounting for 38.8% and 37.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,570 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $985 | $959 |
| 2 Bed Rent | $1,320 | $1,270 |
| 3 Bed Rent | $1,750 | $1,780 |
| 4 Bed Rent | $2,080 | $2,200 |
% of Rental Stock
Property Listings — Belleview, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Belleview, FL is 66. This is a increase of 46.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $285,000 | -1.0% |
Listing Count | 134 | 5.0% |
| Listings as % of Homes | 1.2% | 5.0% |
Days on Market | 66 | 46.0% |
Demographics — Belleview, FL
As of the latest ACS Survey released in 2023, Belleview, FL has a population of 19,200, which has increased by 5.9% over the past 5 years. Belleview, FL is a moderately popular place for families, as children make up 22.4% of the population. The area has a poorly educated workforce, with 14.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,200 | 5.9% |
% Under 18 | 22.4% | 4.2% |
% Seniors | 20.4% | 4.1% |
% WFH | 6.8% | 41.7% |
% w/ College Degree | 14.5% | 42.2% |
As of the latest ACS Survey released in 2023, Belleview, FL is a predominantly white area, with 81.3% of the population identifying as white. The white population has grown by 3.6% in the last 5 years. The second most common race or ethnicity in Belleview, FL is hispanic, making up 12.0% of the population. Foreign-born residents account for 4.7% of the population in Belleview, FL, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 81.3% | 3.6% |
% Black | 1.5% | -77.9% |
% Hispanic | 12.0% | -4.0% |
% Asian | 0.3% | ∞% |
% Foreign Born | 4.7% | 0.0% |
Mortgage and Risk — Belleview, FL
According to HUD data as of 2023, there were 480 mortgage originations in Belleview, FL, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Belleview, FL. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 480 |
% Conventional Loans | 56.0% |
% Government Loans | 44.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Belleview, FL
As of 2024, the percent of homes in Belleview, FL under the Section 8 program is 2.0%. 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 Belleview, FL, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 36 |
Total Units Section 8 | 36 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | 72.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$45 | $985 | $940 |
| 2 Bedroom | -$180 | $1,320 | $1,140 |
| 3 Bedroom | -$290 | $1,750 | $1,460 |
| 4 Bedroom | -$480 | $2,080 | $1,600 |
Affordability — Belleview, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $243,000 |
| Median Household Income | $52,600 |