Dunnellon, FL—34434
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 $255,000, with a year-over-year change of -3.9%. This indicates that home prices in Dunnellon, FL are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $255,000 | -3.9% |
| Single Family | $255,000 | -4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $185,000 | -4.1% |
3 Bed | $256,000 | -4.1% |
4 Bed | $284,000 | -5.0% |
| 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 $1,730, with a year-over-year rent change of 3.6%. Per bedroom, the median rent as of July '25 in Dunnellon, FL is 2-bedrooms: $1,320, 3-bedrooms: $1,810, 4-bedrooms: $1,940. The most common rental property sizes in Dunnellon, FL are 3-bedroom and 2-bedroom, accounting for 61.3% and 29.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,730 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,300 | $1,320 |
| 3 Bed Rent | $1,800 | $1,810 |
| 4 Bed Rent | $1,900 | $1,940 |
% 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 93. This is a increase of 38.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $280,000 | -3.0% |
Listing Count | 392 | 84.0% |
| Listings as % of Homes | 3.8% | 84.0% |
Days on Market | 93 | 38.0% |
Demographics — Dunnellon, FL
As of the latest ACS Survey released in 2023, Dunnellon, FL has a population of 10,700, which has increased by 38.4% over the past 5 years. Dunnellon, FL is a moderately popular place for families, as children make up 24.1% of the population. The area has a poorly educated workforce, with 16.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,700 | 38.4% |
% Under 18 | 24.1% | 16.4% |
% Seniors | 25.6% | -13.2% |
% WFH | 8.9% | 140.5% |
% w/ College Degree | 16.5% | 36.4% |
As of the latest ACS Survey released in 2023, Dunnellon, FL is a predominantly white area, with 78.3% of the population identifying as white. The white population has shrunk by 6.8% in the last 5 years. The second most common race or ethnicity in Dunnellon, FL is hispanic, making up 9.2% of the population. Foreign-born residents account for 3.7% of the population in Dunnellon, FL, and this percentage has decreased by 36.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.3% | -6.8% |
% Black | 6.2% | -20.5% |
% Hispanic | 9.2% | 15.0% |
% Asian | 0.2% | ∞% |
% Foreign Born | 3.7% | -36.2% |
Mortgage and Risk — Dunnellon, FL
According to HUD data as of 2023, there were 565 mortgage originations in Dunnellon, FL, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Dunnellon, FL. Investor activity is low, as 4.0% 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 | 565 |
% Conventional Loans | 58.0% |
% Government Loans | 42.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% 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 | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 1.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,180 |
| 2 Bedroom | $190 | $1,300 | $1,490 |
| 3 Bedroom | $290 | $1,800 | $2,090 |
| 4 Bedroom | $600 | $1,900 | $2,500 |
Affordability — Dunnellon, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $255,000 |
| Median Household Income | $56,600 |