Belleview, FL 34420 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Belleview, FL—34420

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$243,000

3.1% YoY Growth

Household Income

$52,600

25.0% YoY Growth

Days on Market

13.0% Longer YoY

Home Price Forecast

1.4%

Median Rent

$1,400

3.3% YoY Growth

1-Bed Rent

$985

10.0% YoY Growth

2-Bed Rent

$1,320

3.1% YoY Growth

3-Bed Rent

$1,750

7.2% YoY Growth

Home Price Trends — Belleview, FL

As of Dec '25, the median home price in Belleview, FL is $243,000, with a year-over-year change of -3.1%. This indicates that home prices in Belleview, FL are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$243,000	-3.1%
Single Family	$243,000	-3.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

4.9%

1 Bedroom

12.7%

2 Bedrooms

38.8%

3 Bedrooms

37.5%

4 Bedrooms

5.6%

5+ Bedrooms

0.6%

Property Listings — Belleview, FL

As of Dec '25, Realtor.com reports that the median days on market for a home in Belleview, FL is 74. This is a increase of 27.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$276,000	-1.0%
Listing Count	119	-10.0%
Listings as % of Homes	1.2%	-10.0%
Days on Market	89	13.0%

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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%

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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%

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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%

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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

Belleview, FL—34420

Key Metrics at a Glance

Home Price Trends — Belleview, FL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Belleview, FL

% of Rental Stock

Property Listings — Belleview, FL

Demographics — Belleview, FL

Race and Ethnicity

Mortgage and Risk — Belleview, FL

Mortgages

Rentals and Section 8 — Belleview, FL

Section 8 Market Size

Section 8 Opportunity

Affordability — Belleview, FL

Home Price to Income Ratio

Belleview, FL — ZIP Code Boundary Map

Nearby ZIP Codes

Summerfield, FL

Ocala, FL

Ocala, FL

East Lake Weir

Oxford, FL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.6
Median Home Price	$243,000
Median Household Income	$52,600

Belleview, FL—34420

Key Metrics at a Glance

Home Price Trends — Belleview, FL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Belleview, FL

% of Rental Stock

Property Listings — Belleview, FL

Demographics — Belleview, FL

Race and Ethnicity

Mortgage and Risk — Belleview, FL

Mortgages

Rentals and Section 8 — Belleview, FL

Section 8 Market Size

Section 8 Opportunity

Affordability — Belleview, FL

Home Price to Income Ratio

Belleview, FL — ZIP Code Boundary Map

Nearby ZIP Codes

Summerfield, FL

Ocala, FL

Ocala, FL

East Lake Weir

Oxford, FL

Frequently Asked Questions

What is the average home price in Belleview, FL 34420?

How have home prices in Belleview, FL 34420 changed over the past year?

What is the home price projection for Belleview, FL 34420?

What are the demographics of Belleview, FL 34420?

How long does it take homes to sell in Belleview, FL 34420?

What is the average rent price in Belleview, FL 34420?