Levy County, Florida Housing Market Prices
Levy County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 11% below the Florida median$276,123
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Median rent 49% below the Florida median Among the top 5 cheapest counties in Florida$850
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Levy County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $276,123 | $311,338 | $248,835 |
| Price Trend (Annual %) | 27.9% | 11.2% | 7.5% |
| Median Gross Rent | $850 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Levy County is about 11% lower than in Florida. Rent is about 49% lower than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Levy County, up about 27.9% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Levy County rose about 26.7% between 2015 and 2024, from $671 to $850. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 4.8 yearly household incomes in Levy County.
Buying the median-priced home in Levy County costs roughly 27.1 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Levy County. The price-to-rent ratio in Florida is about 15.6.
| Metric | Levy County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $276,123 | $311,338 | $248,835 |
| Median Household Income | $57,834 | $74,580 | $80,455 |
| Price-to-Income Ratio | 4.8 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Levy County rose about 113.1%, while median household income rose about 44.2% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Levy County | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 70.4% | 57.7% | 58.5% |
| Rental Rate | 16.0% | 27.7% | 31.2% |
| Vacancy Rate | 13.6% | 14.6% | 10.2% |
| Median Tenure (years) | 16.0 | 13.0 | 15.0 |
| Median Year Moved In | 2010 | 2013 | 2011 |
Levy County has a homeownership rate of 70.4%, higher than the Florida average of 57.7%. Its housing vacancy rate is 13.6%, compared with 14.6% in Florida.
Housing Stock
| Metric | Levy County | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.40 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1993 | 1988 | 1978 |
| Median Number of Rooms | 5.2 | 5.2 | 5.5 |
The typical housing unit in Levy County was built around 1993. On average, 2.4 people live in a home with about 5.2 rooms, staying for about 16.0 years on average.
Levy County, FL Housing Compared With Nearby Counties
Levy County, FL is the 4th largest of the 5 counties compared here, 45,384 residents against a local median of 184,739. Levy County, FL's median home price, at $276,123, runs 65% above the $167,468 typical of the counties around it.
Median rent tells the same story from another angle: $850 against a local median of $1,202, 29% below it. The counties themselves spread $164,115 on median home price, so Levy County, FL sits at one end of an already wide local range rather than apart from it. Levy County, FL has the highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Levy County, FL | 45,384 | $276,123 #1/5 | $850 #4/5 | 81.4% #4/5 |
| Citrus County, FL | 162,471 | $171,305 | $1,107 | 85.2% |
| Dixie County, FL | 17,058 | $98,912 | $694 | 84.7% |
| Alachua County, FL | 285,474 | $163,632 | $1,338 | 54.1% |
| Hernando County, FL | 207,007 | $263,027 | $1,297 | 82.5% |
Frequently Asked Questions
Common questions about the housing market in Levy County, Florida.
What is the median home price in Levy County, Florida?
The median home price in Levy County, Florida is $276,123, lower than the Florida average of $311,338.
What is the average home price in Levy County, Florida?
The typical home price in Levy County, Florida, reported as the median sale price, is $276,123. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Levy County, Florida?
The median gross rent in Levy County, Florida is $850 per month, lower than the Florida average of $1,668.
What was the median gross rent in Levy County in 2020?
In 2020, the median gross rent in Levy County, Florida was $704 per month.
What is the price-to-rent ratio in Levy County, Florida?
The price-to-rent ratio in Levy County, Florida is about 27.1, meaning it would take roughly 27.1 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Levy County.
Are home prices or rent rising faster in Levy County, Florida?
Both home prices and rent are rising in Levy County, up about 27.9% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Levy County, Florida?
70.4% of households in Levy County, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in Levy County, Florida?
The housing vacancy rate in Levy County, Florida is 13.6%, lower than the Florida average of 14.6%.
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