Lecanto, FL 34461 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lecanto, FL—34461

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$323,000

4.1% YoY Growth

Household Income

$60,800

36.5% YoY Growth

Days on Market

15.0% Shorter YoY

Home Price Forecast

1.7%

Median Rent

$1,900

19.0% YoY Growth

1-Bed Rent

$800

40.3% YoY Growth

2-Bed Rent

$1,850

16.9% YoY Growth

3-Bed Rent

$2,200

10.2% YoY Growth

Home Price Trends — Lecanto, FL

As of Dec '25, the median home price in Lecanto, FL is $323,000, with a year-over-year change of -4.1%. This indicates that home prices in Lecanto, FL are decreasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$323,000	-4.1%
Single Family	$324,000	-3.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Lecanto, FL

As of July '25, Rentcast reports the average rent in Lecanto, FL is $2,070, with a year-over-year rent change of 19.0%. Per bedroom, the median rent as of July '25 in Lecanto, FL is 1-bedrooms: $800, 2-bedrooms: $1,870, 3-bedrooms: $2,270, 4-bedrooms: $2,480. The most common rental property sizes in Lecanto, FL are 2-bedroom and 3-bedroom, accounting for 36.2% and 31.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,900	$2,070
Studio Rent	N/A	N/A
1 Bed Rent	$800	$800
2 Bed Rent	$1,850	$1,870
3 Bed Rent	$2,200	$2,270
4 Bed Rent	$1,950	$2,480

Loading chart...

% of Rental Stock

Studio

11.4%

1 Bedroom

14.2%

2 Bedrooms

36.2%

3 Bedrooms

31.1%

4 Bedrooms

7.2%

Property Listings — Lecanto, FL

As of Dec '25, Realtor.com reports that the median days on market for a home in Lecanto, FL is 72. This is a decrease of -16.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$382,000	-4.0%
Listing Count	94	15.0%
Listings as % of Homes	1.2%	15.0%
Days on Market	77	-15.0%

Loading chart...

Demographics — Lecanto, FL

As of the latest ACS Survey released in 2023, Lecanto, FL has a population of 13,300, which has increased by 24.6% over the past 5 years. Lecanto, FL is a moderately popular place for families, as children make up 16.0% of the population. The area has a poorly educated workforce, with 23.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	13,300	24.6%
% Under 18	16.0%	33.3%
% Seniors	29.9%	-19.2%
% WFH	11.9%	197.5%
% w/ College Degree	23.0%	14.4%

Loading chart...

As of the latest ACS Survey released in 2023, Lecanto, FL is a predominantly white area, with 86.5% of the population identifying as white. The white population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Lecanto, FL is hispanic, making up 7.7% of the population. Foreign-born residents account for 8.2% of the population in Lecanto, FL, and this percentage has increased by 17.1% 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	86.5%	-1.8%
% Black	2.1%	-54.3%
% Hispanic	7.7%	67.4%
% Asian	0.4%	-77.8%
% Foreign Born	8.2%	17.1%

Loading chart...

Mortgage and Risk — Lecanto, FL

According to HUD data as of 2023, there were 297 mortgage originations in Lecanto, FL, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Lecanto, FL. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	297
% Conventional Loans	68.0%
% Government Loans	32.0%
% Investor Loans	0.0%
% Second Loans	3.0%
% Cash Out Refinance	12.0%

Loading chart...

Rentals and Section 8 — Lecanto, FL

As of 2024, the percent of homes in Lecanto, FL under the Section 8 program is 2.4%. 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. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Lecanto, FL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD	13
Total Units Section 8	13
% Rentals under Section 8	2.4%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$150	$800	$950
2 Bedroom	-$650	$1,850	$1,200
3 Bedroom	-$520	$2,200	$1,680
4 Bedroom	$70	$1,950	$2,020

Lecanto, FL—34461

Key Metrics at a Glance

Home Price Trends — Lecanto, FL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lecanto, FL

% of Rental Stock

Property Listings — Lecanto, FL

Demographics — Lecanto, FL

Race and Ethnicity

Mortgage and Risk — Lecanto, FL

Mortgages

Rentals and Section 8 — Lecanto, FL

Section 8 Market Size

Section 8 Opportunity

Affordability — Lecanto, FL

Home Price to Income Ratio

Lecanto, FL — ZIP Code Boundary Map

Nearby ZIP Codes

Homosassa, FL

Inverness, FL

Beverly Hills, FL

Homosassa, FL

Hernando, FL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.5
Median Home Price	$323,000
Median Household Income	$60,800

Lecanto, FL—34461

Key Metrics at a Glance

Home Price Trends — Lecanto, FL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lecanto, FL

% of Rental Stock

Property Listings — Lecanto, FL

Demographics — Lecanto, FL

Race and Ethnicity

Mortgage and Risk — Lecanto, FL

Mortgages

Rentals and Section 8 — Lecanto, FL

Section 8 Market Size

Section 8 Opportunity

Affordability — Lecanto, FL

Home Price to Income Ratio

Lecanto, FL — ZIP Code Boundary Map

Nearby ZIP Codes

Homosassa, FL

Inverness, FL

Beverly Hills, FL

Homosassa, FL

Hernando, FL

Frequently Asked Questions

What is the average home price in Lecanto, FL 34461?

How have home prices in Lecanto, FL 34461 changed over the past year?

What is the home price projection for Lecanto, FL 34461?

What are the demographics of Lecanto, FL 34461?

How long does it take homes to sell in Lecanto, FL 34461?

What is the average rent price in Lecanto, FL 34461?