Berkshire Hathaway HomeServices  ·  Florida Showcase Properties

Fox Run Estates

Neighborhood Market Report  ·  Buyer’s Edition  ·  Villages of Citrus Hills · Hernando, Florida
One of the Villages of Citrus Hills · one-acre-plus wooded homesites east of Jill Street, under the Citrus Hills POA
Prepared October 1, 2026  ·  Resale single-family homes
BALANCED MARKET
5.5 months of homes for sale — balanced now, but the overpriced listings still give ground.
$400,000
· $180/sq ft
What a typical existing home costs today
94%
Of original ask is what sellers got — the typical resale sold $24,000 under its first price
−11.7%
Resale value per sq ft off its 2025 peak — a genuine correction in your favor
The Bottom Line

Fox Run Estates has tightened from a buyer’s market to balanced, with about 5.5 months of inventory. Recent resale buyers still paid a median of 94% of original ask, and the overpriced listings are leverage — over the past year, homes that started too high sat a median of 166 days and still sold about $27,900 under their first price. On value per square foot, resale value is about 11.7% below its 2025 peak (still up about 17% since 2021). We’ll judge every home on price per square foot before we write.

The proof behind these numbers follows  →
Berkshire Hathaway HomeServices  ·  Florida Showcase Properties

Fox Run Estates

Neighborhood Market Intelligence  ·  Buyer’s Edition  ·  Villages of Citrus Hills · Hernando, Florida
Prepared October 1, 2026
Single-family homes
136 listings analyzed · 2021–2026
BALANCED
MARKET
With about 5.5 months of homes for sale, Fox Run Estates is balanced — 3 homes are under contract, and 4 of the 6 for sale have already cut their price. Recent resale buyers paid a median of 94% of original ask, and value per square foot is about 11.7% below its 2025 peak. There is still room to negotiate.
$400,000.00
Median resale price
last 12 months
$179.93
Resale price paid
per living sq ft (12 mo.)
65 days
Median time on market
before going under contract
94%
Of original asking price —
what sellers actually got
$24,000.00
Median drop from first
asking price to sold price
6  /  3  /  9
For sale now / under contract / resales sold in 12 months

What’s Really Happening Here

Fox Run Estates is one of the Villages of Citrus Hills, governed by the Citrus Hills POA — one-acre-plus wooded homesites on well and septic, with natural privacy and a quiet, country feel. The typical existing home sold near $400,000.00 over the past year, and with about 5.5 months of supply the market is balanced: 6 homes are for sale against 3 under contract, and 4 of the 6 have already cut price.

New construction is minimal here (about 10% of sales), so this is essentially an all-resale market — what matters is how far values have moved and where the overpriced listings sit.

What This Means for Your Offer

Fox Run Estates  ·  The Numbers Behind the Story  ·  Resale Homes

Resale Value Per Square Foot, by the Year — What the Market Actually Did

$140$160$180$200$220$154$186$191$193$204$180202120222023202420252026 YTD

Median resale value per square foot by calendar year (2026 is year-to-date through September). We chart per-foot value, not median price — because median price swings on which sizes sell, while price-per-foot shows the real trend, and where your negotiating room sits.

Resale Values, by the Year

YearSoldMedian Price$/SqFtDOMAt/over ask
202124297,000.00$153.521258%
202224387,950.00$185.97750%
202320445,000.00$190.812715%
202419425,000.00$193.26605%
202510370,000.00$203.831830%
2026 YTD9400,000.00$179.936511%

Resale homes only; full calendar years with 2026 as year-to-date through September.

The Peak Test: on resale value per square foot, Fox Run Estates is about 11.7% below its 2025 peak (still up about 17% since 2021). A modest cool-down you buy into, not a market you chase upward.

The Number Nobody Shows You

1 in 5.5
resale listings in the current cycle left the market unsold (2 of 11 — expired or withdrawn)
194 days
how long those failed listings sat before the seller gave up — usually overpriced

Two ways that helps you. First, a seller whose home has sat for months is a negotiation waiting to happen. Second, those expired and withdrawn homes are inventory the portals no longer show — the owners still want to sell, and we can approach them directly for you.

Long-run perspective: resale value per square foot is up about 17% since 2021. You’re buying into a proven community, and a balanced market still leaves room to negotiate on homes priced above the data.

📄 Fox Run Estates — Buyer Market Report