Berkshire Hathaway HomeServices  ·  Florida Showcase Properties

Oaks Estates

Neighborhood Market Report  ·  Buyer’s Edition  ·  Villages of Citrus Hills · Hernando, Florida
One of the Villages of Citrus Hills · half- to full-acre homesites along The Oaks championship golf course, under the Citrus Hills POA
Prepared October 1, 2026  ·  Resale single-family homes
BALANCED MARKET
5.1 months of homes for sale — an even market with room to negotiate.
$440,000
· $177/sq ft
What a typical existing home costs today
93%
Of original ask is what sellers got — the typical home sold $39,900 under its first price
−9.4%
Resale value per sq ft off its 2023 peak — a genuine correction in your favor
The Bottom Line

Oaks Estates is genuinely even, with about 5.1 months of inventory. Recent buyers paid a median of 93% of original ask, and the overpriced listings are your leverage — over the past 12 months, homes that started too high sat a median of 92 days and still sold about $39,900 under their first price. On value per square foot, resale value is about 9.4% below its 2023 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

Oaks Estates

Neighborhood Market Intelligence  ·  Buyer’s Edition  ·  Villages of Citrus Hills · Hernando, Florida
Prepared October 1, 2026
Single-family homes
104 listings analyzed · 2021–2026
BALANCED
MARKET
With about 5.1 months of homes for sale, Oaks Estates is genuinely even — 4 of the 6 homes for sale have already cut their price. Recent buyers paid a median of 93% of original ask, and value per square foot is about 9.4% below its 2023 peak. That is real negotiating leverage.
$440,000.00
Median resale price
last 12 months
$176.74
Resale price paid
per living sq ft (12 mo.)
53 days
Median time on market
before going under contract
93%
Of original asking price —
what sellers actually got
$39,900.00
Median drop from first
asking price to sold price
6  /  2  /  13
For sale now / under contract / resales closed in 12 months

What’s Really Happening Here

Oaks Estates is one of the Villages of Citrus Hills, set along The Oaks championship golf course on half- to full-acre well-and-septic homesites and governed by the Citrus Hills POA. The typical existing home sold near $440,000.00 over the past year, and with about 5.1 months of supply the balance is genuinely even: 6 homes are for sale against 2 under contract, and 4 have already cut price.

New construction is minimal here (about 3% 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

Oaks Estates  ·  The Numbers Behind the Story  ·  Resale Homes

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

$135$150$165$180$195$210$151$186$194$192$190$176202120222023202420252026 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
202119350,000.00$150.62747%
202211500,000.00$185.732136%
202313392,000.00$193.823115%
202411430,000.00$192.48600%
20259399,000.00$189.683322%
2026 YTD10440,000.00$175.675810%

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

The Peak Test: on resale value per square foot, Oaks Estates is about 9.4% below its 2023 peak (still up about 17% since 2021). A cool-down you buy into, not a market you chase upward.

The Number Nobody Shows You

1 in 11
listings in the current cycle left the market unsold (1 of 11 — expired, withdrawn, or canceled)
231 days
how long that listing sat before the seller gave up

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 with the negotiating room this market gives you.

📄 Oaks Estates — Buyer Market Report