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Real Estate Prices & Overview

Homosassa Springs South median real estate price is $89,939, which is less expensive than 98.0% of Florida neighborhoods and 96.6% of all U.S. neighborhoods.

The average rental price in Homosassa Springs South is currently $1,101, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 98.4% of Florida neighborhoods.

Homosassa Springs South is a rural neighborhood (based on population density) located in Homosassa, Florida.

Homosassa Springs South real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) mobile homes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Homosassa Springs South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Real estate vacancies in Homosassa Springs South are 4.0%, which is lower than one will find in 72.4% of American neighborhoods. Demand for real estate in Homosassa Springs South is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Homosassa, the Homosassa Springs South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The Homosassa Springs South neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 63.0% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.7% of the neighborhoods in the U.S. If you like mobile homes, this might be a great neighborhood in which to look for real estate.

In addition, most neighborhoods are composed of a mixture of ages of homes, but the Homosassa Springs South stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 85.8% of the residential real estate here was built in this one time period.

People

Astoundingly, the Homosassa Springs South neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 98.9% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Homosassa neighborhood.

In addition, the Homosassa Springs South neighborhood stands out for having an average per capita income lower than 96.5% of the neighborhoods in the United States.

Also, neighborhoodScout's exclusive research revealed that 93.5% of the adult residents in the Homosassa Springs South neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.1% of the neighborhoods in America.

Modes of Transportation

While most Americans do drive to work alone each day, the Homosassa Springs South neighborhood stands out by having 91.5% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 98.3% of all American neighborhoods.

Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.1% of residents in the Homosassa Springs South neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 96.0% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Diversity

Did you know that the Homosassa Springs South neighborhood has more Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.6% of this neighborhood's residents have Romanian ancestry.

Homosassa Springs South is also pretty special linguistically. Significantly, 12.3% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 98.6% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Homosassa Springs South neighborhood in Homosassa are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.5% of U.S. neighborhoods. With 52.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.0% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Homosassa Springs South neighborhood, 30.5% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 29.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.7%), and 18.3% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Homosassa Springs South neighborhood is English, spoken by 93.5% of households. Other important languages spoken here include Italian and Spanish.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Homosassa Springs South neighborhood in Homosassa, FL, residents most commonly identify their ethnicity or ancestry as German (19.3%). There are also a number of people of Irish ancestry (11.4%), and residents who report English roots (9.0%), and some of the residents are also of Italian ancestry (8.3%), along with some Mexican ancestry residents (6.1%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Homosassa Springs South neighborhood spend between 15 and 30 minutes commuting one-way to work (50.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (91.5%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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