Berkshire Hathaway HomeServices  ·  Florida Showcase Properties

Fox Run Estates

Neighborhood Market Report  ·  Seller’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 — here, the price you set decides your outcome.
$400,000
· $180/sq ft
What a typical resale home sells for today
22 vs 166
days on market
Priced right sells fast; overpriced sits far longer
−11.7%
Resale value per sq ft off its 2025 peak — price to today, not the peak
The Bottom Line

Fox Run Estates has tightened from a buyer’s market to balanced, with about 5.5 months of inventory and 3 homes now under contract. On a per-square-foot basis, resale value is about 11.7% below its 2025 peak (still up about 17% since 2021). The reward for pricing right is clear: over the past year, homes priced correctly from day one sold in a median of 22 days at 97.9% of asking, while the overpriced-then-cut homes sat 166 days and gave up a median of $27,900 from their first price. Price to the resale data, not to a hopeful number.

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

Fox Run Estates

Neighborhood Market Intelligence  ·  Seller’s Edition  ·  Villages of Citrus Hills · Hernando, Florida
Prepared October 1, 2026
Single-family homes · resale
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, but 4 of the 6 for sale have already cut their price. On a per-square-foot basis, resale values are about 11.7% below its 2025 peak (still up about 17% since 2021). That makes pricing to today’s market everything.
$400,000.00
Median resale price
last 12 months
$179.93
Resale price paid
per living sq ft (12 mo.)
94%
Of original asking price —
what sellers ultimately got
22 days
Median market time when
priced right from day one
6  /  3  /  9
Homes for sale / under contract / resales sold in 12 months
1 in 5.5
Listings in the current cycle
that never sold at all

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 resale home sold near $400,000.00 ($180 a foot) over the past year. 6 homes are for sale against 3 under contract, and 4 of the 6 have already reduced price.

Long term the community has held up — resale value per square foot is about 11.7% below its 2025 peak (still up about 17% since 2021). But the discipline that sells a home here is pricing to the resale record, and that record is lopsided:

✓ Priced right from day one — 4 homes

Median time to contract22 days
Got of original asking price97.9%
Median given up from first price$7,950.00

✗ Overpriced, then cut — 5 homes

Median time to contract166 days
Got of original asking price92.2%
Median given up from first price$27,900.00

The 9 resale closings of the past 12 months (new construction excluded). "Priced right" = sold with no price reduction; "overpriced" = reduced at least once before selling. A small sample, and the same pattern the long-run record shows.

⚠ A note on new construction: about 10% of sales here are newly built homes, priced off a builder’s cost sheet rather than the resale market. Pricing your home to a new build is the fastest way to overprice — every figure here is resale-only.

What This Means for Your Pricing

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$/SqFtDOMAsk
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). Anchoring to the peak is the most expensive mistake a seller can make here.

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 the failed listings sat before giving up — nearly all simply priced too high

Not every listing sells. In the current cycle, 2 of 11 resale listings here — about 1 in 5.5 — ended without a sale. In a market this size, overpricing doesn’t just slow a sale — it can kill it, and a long market history invites a harder negotiation.

Long-run perspective: resale value per square foot is up about 17% since 2021. Priced to today’s market — not the peak — your home has real equity and the data on its side.

📄 Fox Run Estates — Seller Market Report