Crystal River, FL—34428
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Crystal River, FL
Home Price Trends — Crystal River, FL
As of Oct '25, the median home price in Crystal River, FL is $289,000, with a year-over-year change of -5.6%. This indicates that home prices in Crystal River, 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 | $289,000 | -5.6% |
| Single Family | $290,000 | -5.8% |
| Condos | $286,000 | -8.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $223,000 | -8.2% |
3 Bed | $312,000 | -5.5% |
4 Bed | $471,000 | -3.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Crystal River, FL
As of July '25, Rentcast reports the average rent in Crystal River, FL is $1,830, with a year-over-year rent change of -20.1%. Per bedroom, the median rent as of July '25 in Crystal River, FL is 1-bedrooms: $787, 2-bedrooms: $1,530, 3-bedrooms: $2,510, 4-bedrooms: $2,000. The most common rental property sizes in Crystal River, FL are 2-bedroom and 3-bedroom, accounting for 46.2% and 23.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,830 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $787 | $787 |
| 2 Bed Rent | $1,400 | $1,530 |
| 3 Bed Rent | $1,800 | $2,510 |
| 4 Bed Rent | $2,000 | $2,000 |
% of Rental Stock
Property Listings — Crystal River, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Crystal River, FL is 87. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $365,000 | -10.0% |
Listing Count | 129 | 66.0% |
| Listings as % of Homes | 0.9% | 66.0% |
Days on Market | 87 | -1.0% |
Demographics — Crystal River, FL
As of the latest ACS Survey released in 2023, Crystal River, FL has a population of 9,320, which has remained stable by -0.5% over the past 5 years. Crystal River, FL is a less popular place for families, as children make up 13.4% of the population. The area has a poorly educated workforce, with 19.5% 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 | 9,320 | -0.5% |
% Under 18 | 13.4% | -12.4% |
% Seniors | 31.9% | 13.9% |
% WFH | 11.9% | 50.6% |
% w/ College Degree | 19.5% | 33.6% |
As of the latest ACS Survey released in 2023, Crystal River, FL is a predominantly white area, with 87.6% 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 Crystal River, FL is hispanic, making up 4.5% of the population. Foreign-born residents account for 4.7% of the population in Crystal River, FL, and this percentage has increased by 23.7% 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 | 87.6% | -1.8% |
% Black | 0.4% | -84.0% |
% Hispanic | 4.5% | 15.4% |
% Asian | 2.1% | 950.0% |
% Foreign Born | 4.7% | 23.7% |
Mortgage and Risk — Crystal River, FL
According to HUD data as of 2023, there were 186 mortgage originations in Crystal River, FL, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Crystal River, FL. Investor activity is low, as 2.0% 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 | 186 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 2.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Crystal River, FL
As of 2024, the percent of homes in Crystal River, 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 Crystal River, 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 | 38 |
Total Units Section 8 | 38 |
% Rentals under Section 8 | 4.4% |
% Occupied Section 8 | 68.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$7 | $787 | $780 |
| 2 Bedroom | -$390 | $1,400 | $1,010 |
| 3 Bedroom | -$400 | $1,800 | $1,400 |
| 4 Bedroom | -$290 | $2,000 | $1,710 |
Affordability — Crystal River, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.2 |
| Median Home Price | $289,000 |
| Median Household Income | $48,200 |