Dunnellon, FL—34432
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dunnellon, FL
As of Oct '25, the median home price in Dunnellon, FL is $298,000, with a year-over-year change of -1.4%. This indicates that home prices in Dunnellon, 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 | $298,000 | -1.4% |
| Single Family | $300,000 | -1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $229,000 | -4.6% |
3 Bed | $315,000 | -1.3% |
4 Bed | $405,000 | 1.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Dunnellon, FL
As of July '25, Rentcast reports the average rent in Dunnellon, FL is $2,420, with a year-over-year rent change of 17.5%. Per bedroom, the median rent as of July '25 in Dunnellon, FL is 2-bedrooms: $1,950, 3-bedrooms: $2,460, 4-bedrooms: $2,870. The most common rental property sizes in Dunnellon, FL are 2-bedroom and 3-bedroom, accounting for 46.6% and 30.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,420 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,800 | $1,950 |
| 3 Bed Rent | $2,200 | $2,460 |
| 4 Bed Rent | $2,700 | $2,870 |
% of Rental Stock
Property Listings — Dunnellon, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Dunnellon, FL is 83. This is a increase of 41.0% 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 | $345,000 | -2.0% |
Listing Count | 295 | 36.0% |
| Listings as % of Homes | 1.9% | 36.0% |
Days on Market | 83 | 41.0% |
Demographics — Dunnellon, FL
As of the latest ACS Survey released in 2023, Dunnellon, FL has a population of 13,200, which has increased by 4.9% over the past 5 years. Dunnellon, FL is a less popular place for families, as children make up 14.6% of the population. The area has a poorly educated workforce, with 19.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,200 | 4.9% |
% Under 18 | 14.6% | -6.4% |
% Seniors | 35.4% | -7.3% |
% WFH | 11.2% | 202.7% |
% w/ College Degree | 19.9% | 0.0% |
As of the latest ACS Survey released in 2023, Dunnellon, FL is a predominantly white area, with 79.1% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Dunnellon, FL is hispanic, making up 15.6% of the population. Foreign-born residents account for 7.8% of the population in Dunnellon, FL, and this percentage has increased by 50.0% 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 | 79.1% | -2.0% |
% Black | 1.8% | -73.1% |
% Hispanic | 15.6% | 90.2% |
% Asian | 0.9% | -18.2% |
% Foreign Born | 7.8% | 50.0% |
Mortgage and Risk — Dunnellon, FL
According to HUD data as of 2023, there were 496 mortgage originations in Dunnellon, FL, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Dunnellon, 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 | 496 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 1.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Dunnellon, FL
Dunnellon, FL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $960 |
| 2 Bedroom | -$640 | $1,800 | $1,160 |
| 3 Bedroom | -$720 | $2,200 | $1,480 |
| 4 Bedroom | -$1,100 | $2,700 | $1,600 |
Affordability — Dunnellon, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.2 |
| Median Home Price | $298,000 |
| Median Household Income | $47,700 |