Home prices
The median home cost in Hernando is $89,200. Compared to the surrounding areas it is about $71,600 (44%) lower.Compared to the entire country it is approximately $128,300 (58%) lower, and it is roughly $149,700 (62%) lower compared to the city of Tampa.
Rents
In Hernando the median monthly rent is $682. It is roughly $276 (28%) lower compared to its nearby areas.It is roughly $380 (35%) lower compared to the country as a whole, and in comparison to the city of Tampa is about $449 (39%) lower.
Nearby places
Citrus Hills
Citrus Hills is Hernando's neighbor to the southwest. The real estate prices there are substantially more expensive. The median home in Citrus Hills is valued at $248,400, which works out to $159,200 (64%) higher than Hernando. Its rents are a lot more expensive. The median rent in Citrus Hills is $1,150 a month, which is $468 (40%) higher than Hernando.
Pine Ridge
Pine Ridge is Hernando's neighbor to the west. Real estate prices there are significantly more expensive. The median home cost in Pine Ridge is $232,700, which comes out to $143,500 (61%) higher than Hernando. Its rents are somewhat more expensive. The median monthly rent in Pine Ridge is $926, which comes out to $244 (26%) higher than Hernando.
Citrus Springs
Citrus Springs is Hernando's neighbor to the northwest. Real estate prices there are substantially more expensive. The value of the median home in Citrus Springs is $142,700, which is $53,500 (37%) higher than Hernando. Rents there are substantially more expensive. The median monthly rent in Citrus Springs is $1,075, which works out to $393 (36%) higher than Hernando.
Beverly Hills
Beverly Hills is roughly 4 miles southwest of Hernando. Housing prices there are a little less expensive. The median home in Beverly Hills is valued at $81,000, which comes out to $8,200 (10%) lower than Hernando. The rent there is somewhat more expensive. The median rent in Beverly Hills is $851 a month, which works out to $169 (19%) higher than Hernando.
Inverness
Inverness is approximately 8 miles south from Hernando. Its housing prices are a bit more expensive. The median home in Inverness is valued at $99,200, which comes out to $10,000 (10%) higher than Hernando. Rents there are a little more expensive. In Inverness the median monthly rent is $786, which works out to $104 (13%) higher than Hernando.