The typical owner-occupied home in Homosassa is worth about $330,800, 8% below the Florida median of $359,000 and about the same as the national median of $332,700. Owners pay a median $1,934 a year in property taxes, about 0.58% of their home's value, lower than the Florida rate of 0.76%. The median household earns $52,154 a year, so the median home costs 6.3 times the median income (4.8 times for Florida). 91% of occupied homes here are lived in by their owners, and 23% of those owners still have a mortgage.
Homosassa at a glance
| Homosassa | Florida | U.S. | |
|---|---|---|---|
| Median home value | $330,800 | $359,000 | $332,700 |
| Median property tax paid per year | $1,934 | $2,730 | $3,119 |
| Property tax as a share of value | 0.58% | 0.76% | 0.94% |
| Median household income | $52,154 | $74,568 | $80,734 |
| Homes lived in by their owners | 91% | 68% | 65% |
| Owner homes with a mortgage | 23% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $2,086 | $1,959 | $1,963 |
| Those costs as a share of the owners' income | 23.5% | 23.6% | 21.0% |
| Median rent | $3,501 | $1,669 | $1,413 |
| Rent as a share of renters' income | 51.0% | 35.2% | 30.6% |
| Median year homes were built | 1988 | 1988 | 1980 |
| Vacant homes | 48.0% | 14.7% | 10.1% |
| Population | 1,942 | 22,416,077 | 334,922,499 |
What a typical home costs per month in Homosassa
At this week's average 30-year rate of 7.11%, buying the median Homosassa home of $330,800 with 20% down costs about $2,078 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,629, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $89,056 for the 20%-down payment. That payment is 48% of the median Homosassa household income of $52,154; at that income and 20% down, the 28% guideline points to a home of about $194,000.
The median rent here is $3,501 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $66,160 |
|---|---|
| Loan amount | $264,640 |
| Principal and interest | $1,780 |
| Property taxes (0.58% a year) | $160 |
| Homeowners insurance (our estimate, 0.5% a year) | $138 |
| PMI | $0 |
| Total per month | $2,078 |
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| Down payment | $11,578 |
|---|---|
| Loan amount | $324,808 |
| Principal and interest | $2,185 |
| Property taxes (0.58% a year) | $160 |
| Homeowners insurance (our estimate, 0.5% a year) | $138 |
| FHA mortgage insurance | $146 |
| Total per month | $2,629 |
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Questions about home buying in Homosassa
What is the median home value in Homosassa?
About $330,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Homosassa?
Homeowners pay a median $1,934 a year, which is about 0.58% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Homosassa?
For the median home with 20% down at 7.11%, the payment is about $2,078 a month. Keeping that under 28% of gross income takes about $89,056 a year.
More about Homosassa
- Mortgage Refinance in Homosassa
- Debt Relief in Homosassa
- Home Equity Loans in Homosassa
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data