Pine Island
Homes for Sale in Weeki Wachee, FL
True comps, carrying-cost math, and listings before the portals.
Over the 12 months ending 2026-09-12, 3 recorded sales closed at a median of $481,000, $459 per square foot, a median 27 days on market, sellers accepting 101% of original asking (+34% versus the prior year). At the median price and Hernando County's FY2025-26 rate of 18.64 mills, annual property tax runs about $8,960 ($8,190 with the full homestead exemption).
Pine Island Rep is a small, condition-driven market. With a median around $487,500 and a median close to $415 per square foot, price here tracks the house in front of you far more than any neighborhood average. The homes span from 1962 to 2024, so a single median masks a wide spread — a renovated newer build and an original older home can sit blocks apart at very different numbers. Read each listing on its own condition, not on a comp pulled from across the community.
The current posture favors patience on both sides. A median of roughly 124 days on market is long, and with only 30 homes and a four-closing window, this is a thin, slow-turning market. Sellers should price to the actual condition and expect real time on market. Buyers have room to underwrite carefully, inspect thoroughly, and negotiate rather than chase.
Pine Island right now
🟢 Still climbing. The trailing-12-month median ($481K) is up 33.6% from the prior 12 months ($360K). With about 1 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending September 12. Confidence: Low (3 and 3 sales in the two windows).
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Updated September 12, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Pine Island market snapshot (as of September 12, 2026): the median sale price is about $481K ($459 per sq ft over the trailing 12 months of closed sales), and a median 27 days on market for closed sales. The trailing-12-month median is up 34% from the prior 12 months, computed from record-level Stellar MLS closed sales (3 closings in the current window).
This is a small-count, slow-moving pocket where the median masks a wide range of eras and finishes — the mid-$400s median is a starting point for conversation, not a fixed rate for any given home.
Who Pine Island is best for.
Best for
- Buyers targeting larger living space who can evaluate a home on its individual condition and systems
- Patient buyers with mid-$400s budgets who want time to inspect and negotiate rather than compete
- Renovation-minded buyers willing to price the gap between an older home and a turnkey one
Probably not for
- Buyers who need to close quickly in a fast-moving market
- Buyers who rely on a large set of recent comparable sales to set a number
- Buyers wanting a uniform, single-era product with predictable pricing
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($481K) IS the median in the snapshot above, and the move from 2025 ($360K) IS the +33.6% one-year change.
Windows contain 0 to 3 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2017 through 2026. Deemed reliable but not guaranteed.
19% of homes for sale in ZIP 34607 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-08).
The Pine Island buying strategy.
If we were buying in Pine Island today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Pine Island.
A condition-driven market with a long clock
The living space runs generous — a median around 2,823 square feet — and the year-built range from 1962 to 2024 with a median build year of 1983 tells the real story: a mix of long-standing homes and newer construction sharing the same market. At roughly $415 per square foot on the median, updates, roof, systems, and finish level move the needle hard. Two homes of similar size can price very differently based on what has been touched.
Turnover is limited. Thirty homes, only four recent closings, and a median near 124 days on market mean data is thin and pace is slow. A homestead share around 43% points to a meaningful mix of owner-occupied and non-homesteaded homes. None of that is a red flag — it just means you lean on the individual property and current listing activity rather than a deep pool of recent comps.
The location and the amenities are priced into every listing in Pine Island. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a thin market with few closings and a wide condition spread, generic pricing tools fall apart. We underwrite each home on its own systems, finishes, and square footage, set expectations against a genuinely long days-on-market picture, and negotiate with the patience this pace rewards — whether you are listing and need to price to reality, or buying and want room to inspect and press.
Pine Island in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Pine Island buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Pine Island sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Pine Island, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Pine Island home worth?
Get a no-obligation home value based on real comparable sales in Pine Island, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Pine Island?
How long do homes in Pine Island take to sell?
Who is the best real estate agent for Pine Island?
How do I find a top Weeki Wachee real estate agent who knows Pine Island?
Can Momentum Realty connect me with an agent for Pine Island?
Should you buy in Pine Island?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2017 (14 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Pine Island Rep fits the bigger picture — live prices, inventory, and Momentum Scores: