Pine Island Rep
Homes for Sale in Weeki Wachee, FL

Community in Weeki Wachee · Hernando County
30 homesBuilt 1962–2024Median sale $488K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data9 years of closingsFL DOR public recordsUpdated twice daily
Live · Pine Island Rep Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$488K
Median sold · 12 mo
$415/sf
Sold $/sqft · 12 mo
peak $415 in 2026
87.5%
Sale vs ask
Hernando median: 95.3%
Tempo
124days
Median DOM · closed
124 days at the 2026 low
4
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
43%
Owner-occupied · Pine Island Rep
15 of 35 parcels homesteaded (FL DOR 2025)
57%
Non-owner-occupied · Pine Island Rep
incl. 23% trust or LLC-held · 100% out-of-state
50%
Cash buyers · Pine Island Rep
2 of 4 sales, 12 mo ending June 2026
30
Homes in the community
plus 5 vacant residential lots · 35 residential parcels (FL DOR 2025)
Track record · 9 years of records
Est. 1962
Community established
homes built 1962-2024, median 1983 (FL DOR 2025)
3
Failed listings · 2026
peaked at 8 in 2024
1,260sqft
Median sold home size
12-mo windows, closed sales
13.3%/yr
Turnover rate
about 4 of 30 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

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.

The 60-Second Overview

Pine Island Rep market snapshot (as of July 15, 2026): the median sale price is about $488K ($415 per sq ft over the trailing 12 months of closed sales), and a median 124 days on market for closed sales.

Pine Island Rep is a community of 30 homes in Weeki Wachee, Hernando County, built between 1962 and 2024 (median 1983.0), with a median living area of about 2,823 square feet. 43% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

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.

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

Windows contain 0 to 4 sales each (4 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 %s through %s. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
02420182020202220242026
0 to 4 a year; 4 in the current window.
Sellers who gave up · failed listings per year
0258201620182020202220242026
Canceled, expired, or withdrawn. 8 quit in 2024; 3 so far in 2026. The clearest stress gauge a community has.

If we were buying in Pine Island Rep today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Rep.

Best Buy
Buyers who want space and are comfortable judging a home on its own condition.
Biggest Risk
Thin turnover and a long days-on-market mean scarce comps and slow moves.
Sweet Spot
A well-maintained home priced honestly to its condition, not to the community median.
Avoid If
You need a fast transaction or a deep pool of recent comps to lean on.

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 Rep. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

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 Rep in 15 seconds.

Best forBuyers who want space and are comfortable judging a home on its own condition.
Biggest advantageA generous median living size and a wide era range that lets you match finish level to budget.
Biggest riskThin turnover and a long days-on-market mean scarce comps and slow moves.
Sweet spotA well-maintained home priced honestly to its condition, not to the community median.
Avoid ifYou need a fast transaction or a deep pool of recent comps to lean on.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Pine Island Rep sales matched to your home.

What is your Pine Island Rep home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Pine Island Rep?
The median sale price in Pine Island Rep was $488K over the 12 months ending July 15, 2026 (4 closed sales, Stellar MLS).
How long do homes in Pine Island Rep take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 124 days on market (4 sales, Stellar MLS).
How many homes are in Pine Island Rep?
The Florida DOR 2025 assessment roll shows 30 homes plus 5 vacant residential lots in Pine Island Rep (public records).
What share of Pine Island Rep is owner-occupied?
43% of Pine Island Rep parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Pine Island Rep built?
Homes in Pine Island Rep were built between 1962 and 2024, with a median year built of 1983.0 (FL DOR 2025 roll).
Do cash buyers compete in Pine Island Rep?
Cash buyers took 50% of Pine Island Rep sales in the 12 months ending June 2026 (2 of 4 closings, Stellar MLS).
Who is the best real estate agent for Pine Island Rep?
The best agent for Pine Island Rep is one who actively works Weeki Wachee and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Pine Island Rep.
How do I find a top Weeki Wachee real estate agent who knows Pine Island Rep?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Pine Island Rep and the wider Weeki Wachee area.
Can Momentum Realty connect me with an agent for Pine Island Rep?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Pine Island Rep purchase or sale - no call center and no pressure.
Buyers targeting larger living space who can evaluate a home on its individual condition and systemsExcellent fit
Patient buyers with mid-$400s budgets who want time to inspect and negotiate rather than competeExcellent fit
Renovation-minded buyers willing to price the gap between an older home and a turnkey oneExcellent fit
Buyers who need to close quickly in a fast-moving marketProbably not
Buyers who rely on a large set of recent comparable sales to set a numberProbably not
Buyers wanting a uniform, single-era product with predictable pricingProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (5 streets, ZIP 34607))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2017 (13 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.

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