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Crystal River, FL housing market

The Crystal River housing market is pretty competitive. The median home sales price in January 2025 has decreased in the past 3 months to $246,500. That’s down 29.6% and $103,500 lower than January 2024 of last year. That is lower than the Florida state median home sales price of $410,600. Homes typically sell after 11 days on market, which is faster than the state average and lower than 45 days in January 2024 a year prior.

Housing market overview for

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Trended Median Home Values
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How much do homes in Crystal River, FL cost?

The median home price in Crystal River was $246,500 in January 2025, down 29.6% from last year.

January's median sale price
$247K
Caret DownDown $104K and 29.6% since Jan 2024
Trended Homes Inventory
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How many homes are available in Crystal River, FL?

The real estate market in Crystal River had 70 homes for sale in January and is up from 62 homes for sale the month prior and down from 76 homes in January 2024.

Homes for sale in January
70
Caret UpDown 6 and 7.9% since Jan 2024
Trended Homes Sold
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How many homes are sold in Crystal River, FL?

There were 10 homes sold in January 2025, trending down from 21 homes sold a year ago.

Homes sold in January
10
Caret DownDown 11 and 52.4% since Jan 2024
Trended Median Days on Market
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How long does it take to sell a home in Crystal River, FL?

Homes in Crystal River are staying on the market for 11 days. That’s 34 days faster than the median in January 2024, which means that the market is more competitive today.

Median days on market in January
11
Caret DownDown 34 and 75.6% since Jan 2024

Is it a buyer’s or seller’s market in Crystal River, FL?

It is considered a balanced market right now. Housing inventory is up since last year, which means supply is less constrained. Mortgage rates are 6.9%, making the average house payment $1,962, which is $450 lower than a year before.

Total months of housing supply available for sale is 7 months, up 52.2% from 4.6 month(s) in January 2024.

Months of Supply

The Months of Supply housing metric is an estimate of how long it would take to sell all the homes for sale relative to the number of homes sold each month. Historically, 5 to 6 months is the average. You may also hear this metric referred to as the "absorption rate."

Lower months of housing supply typically signal a seller’s market whereas when months of supply is greater than 6 months typically signal a buyer’s market.

Sales to Listing Ratio

Sales to Listing Ratios are an indicator of supply and demand. It is all the completed sales in the past month divided by the total number of active listings.

In a balanced real estate market, the total number of home sales to active listings ratio is between 0.12 and 0.2 while markets with a ratio higher than 0.2 favors seller’s, as homes are selling fast and there is limited inventory, while markets below 0.12 favor home buyers because there is a larger supply of homes to purchase.

Selling a house in Crystal River, FL

Home values have decreased by 31.5% since last year, and the number of days it takes to sell a home has decreased from 45 days in January 2024 to 11 days in January 2025.

The best time to sell your home in Crystal River is in December, when homes sell fastest and for the most money.

Sellers typically pay the commission of both the listing and buyer’s agents, which typically total 5-6% of the home sale price. That’s $14,790 paid in commission to the real estate agents. You’d also need to factor in closing costs, plus other fees and your mortgage payoff amount, to calculate the net proceeds from your home sale.

Buying a house in Crystal River, FL

Homes in Crystal River have a median price of $246,500, which means you’ll need $24,650 for a 10% down payment. Housing costs have decreased 31.5% in the past year. When you’re several months out and have your down payment saved, make sure to get pre-approved for a mortgage and find a real estate agent.

Home values are only one part of the home affordability equation. When buying a house in Crystal River, don’t forget to also account for closing costs, which are typically 3-4% of the home cost. In addition to a down payment of $24,650 you should have $9,860 as well as budget for cash reserves, moving expenses and ongoing homeownership costs for home maintenance and repairs or HOA fees.

Crystal River home values are 71.4% cheaper than Lecanto and 66.6% cheaper than the state median home value.

How does the Crystal River real estate market compare to other markets?

The Crystal River real estate market has a median sale price of $246,500, which is 66.6% lower than the state median sale price of $410,600. Compare other markets or nearby cities, as they can vary significantly.

Crystal River, FL
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Lecanto, FL
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Florida
Median home saleMedian home saleMedian home sale
$246,500$422,500$410,600
Days on marketDays on marketDays on market
1113773
Monthly house payment
Monthly house payment
Monthly house payment
$1,962$3,150$3,070
Cost to buy a house
Cost to buy a house
Cost to buy a house
$34,510$59,150$57,484
Cost to sell a house
Cost to sell a house
Cost to sell a house
$17,255$29,575$28,742

Take the next step in Crystal River: Find an agent

Navigating the Crystal River housing market can be tricky, but you don’t have to go it alone. When you're ready to learn more, reach out to a local Crystal River real estate agent to get the process started. We recommend interviewing multiple candidates and coming prepared with a list of all your questions.

Crystal River, FL housing market FAQs

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