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Cheval Real Estate Market Overview
In January 2025, home prices in Cheval experienced a significant 17.9% increase year-over-year, with the median sale price rising to $618K. While prices have surged, the market has slowed in terms of sales pace, as homes now take an average of 52 days to sell—more than double the 20-day average from the previous year. Despite this extended time on the market, buyer activity has remained stable, with seven homes sold in January, the same number as last year. This trend suggests that while demand persists, buyers may be taking more time to navigate rising prices and market conditions before making a purchase.
The Cheval housing market is somewhat competitive, with homes typically selling in about 62 days. While multiple offers are possible, they are not the norm. On average, homes sell for approximately 3% below the list price before going pending. However, highly desirable "hot homes" tend to attract more interest, often selling at or near the asking price and going pending in as little as 16 days. This indicates that while the market isn't overly aggressive, well-priced and sought-after properties can still move quickly.
In December 2024, Cheval, FL was a seller’s market, meaning demand for homes exceeded the available supply. With more buyers than listings, sellers have the advantage, often receiving strong offers and favorable terms. While homes generally take about 62 days to sell, well-priced properties—especially in high-demand areas—can move much faster. Buyers in this market may need to act decisively and be prepared for potential competition, especially for highly desirable homes.
For detailed, up-to-date information on buying a house in Cheval, including legal considerations and market trends, you can talk to us.
Cheval offers a variety of homes, including single-family residences, townhomes, and luxury estates. Many properties are located within gated communities, featuring golf course views, lakefront settings, and access to exclusive amenities. Whether you’re looking for a cozy three-bedroom home or a spacious estate with premium upgrades, Cheval has options to suit a range of budgets and lifestyles.
Living in a gated community in Cheval offers enhanced security, privacy, and access to high-end amenities. Many neighborhoods within Cheval feature golf courses, country clubs, fitness centers, and walking trails. Additionally, the well-maintained landscaping and strict HOA guidelines help preserve property values. These communities also foster a strong sense of community, making them a desirable choice for families and retirees alike.
Property taxes in Cheval, FL vary based on the home’s assessed value and location within Hillsborough County. On average, Florida property taxes range between 0.83% and 1.1% of the home's value. If you purchase a home in a gated or planned community, you’ll also need to factor in HOA fees, which can cover landscaping, security, and community amenities. It’s important to review the HOA rules and fees before purchasing, as they can vary significantly depending on the neighborhood.
To attract buyers in Cheval, focus on curb appeal, staging, and modern upgrades. Start by ensuring your home’s exterior is well-maintained, with fresh landscaping and a clean entryway. Inside, declutter and depersonalize the space to help potential buyers envision themselves living there. Updating kitchens and bathrooms, applying a fresh coat of paint, and making necessary repairs can also boost your home’s value and attract more offers.
While it's possible to sell your home without an agent, hiring a local real estate professional can make the process significantly easier and more profitable. An experienced agent understands the Cheval market, helps set a competitive price, markets the home effectively, and negotiates on your behalf. They also handle paperwork and legal requirements, ensuring a smoother transaction. In a seller’s market like Cheval, having an expert on your side can help you maximize your home’s value.
Closing costs for sellers in Cheval typically range from 6% to 10% of the home’s sale price. These costs include real estate agent commissions (usually around 5% to 6%), title insurance, prorated property taxes, and any outstanding HOA fees. Some sellers may also need to cover repair costs or offer buyer incentives depending on negotiations. Understanding these expenses upfront can help you plan for a smooth closing process.
Whether you have questions about the Cheval, FL real estate market or you're ready to start your home search, our team is here to help. With expert local knowledge and exclusive property listings, we’ll guide you through every step of the buying process. Get in touch with us today and let’s find your perfect home in Cheval!
Explore everything Cheval, FL has to offer, from its beautiful gated communities and top-rated golf courses to its luxury homes and resort-style amenities. Whether you're considering a move or just curious about the area, our in-depth neighborhood guide provides all the insights you need. Start exploring now and see why Cheval is one of Tampa’s most desirable places to live!
With over 40+ years of experience, Joe has proven himself to be a prominent figure in the Tampa Bay Real Estate market. Selling thousands of homes throughout his career, Joe is known for his exceptional customer service, attention to detail, market-savviness, and calculated decisions.
