Steeplechase Farms
Homes for Sale in Morriston, FL
All 51 homes for sale in Morriston, FL · median $437,000 · 74 homes for sale in 32668 · Levy County homes for sale
True comps, carrying-cost math, and listings before the portals.
Over the 12 months ending 2026-08-02, 3 recorded sales closed at a median of $435,000, $352 per square foot, a median 74 days on market, sellers accepting 94% of original asking. At the median price and Levy County's FY2025-26 rate of 17.89 mills, annual property tax runs about $7,780 ($7,050 with the full homestead exemption).
Price in Steeplechase Farms is driven more by condition and vintage than by any community premium. With a build span running from 1967 to 2024 and a median year built of 2007, what you pay tracks closely to how updated a given home is. The median sits at $435,000, but at roughly $352 per square foot against a modest median footprint near 1,408 square feet, the spread across the 49 homes here is wide — this is a market where the specific house matters more than the address.
The current posture favors patience on both sides. A median of 74 days on market is slow, which gives buyers room to inspect, negotiate, and walk away. The 32.2% year-over-year move is large, but it rests on only three closings in the window, so treat it as a thin signal rather than a trend you can bank on. Sellers should price to the home's actual condition and expect the sale to take time; buyers should not assume the headline appreciation number repeats.
Figures in this note are as of October 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Steeplechase Farms right now
🟢 Still climbing. The trailing-12-month median ($435K) is up 32.2% from the prior 12 months ($329K). With about 2 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 August 2. Confidence: Low (3 and 3 sales in the two windows).
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· Updated November 14, 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
Steeplechase Farms market snapshot (as of August 2, 2026): the median sale price is about $435K ($352 per sq ft over the trailing 12 months of closed sales), and a median 74 days on market for closed sales. The trailing-12-month median is up 32% from the prior 12 months, computed from record-level Stellar MLS closed sales (3 closings in the current window).
In ZIP 32668 (Morriston), 41 homes closed in the last 12 months at a median of $215K ($153/sq ft), down 0.4% year over year, with a median 55 days on market. Right now 1 active and 1 pending listings. See the live ZIP 32668 housing market and the Levy County market.
Steeplechase Farms is a community of 49 homes in Morriston, Levy County, built between 1967 and 2024 (median 2007), with a median living area of about 1,408 square feet. 64% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Steeplechase Farms is a small, condition-driven market in rural Morriston, Levy County, where a mix of older and newer homes means value hinges on the individual property rather than any shared amenity package. With a nearly two-thirds homestead share, most owners here occupy their homes rather than rent them out.
Who Steeplechase Farms is best for.
Best for
- Buying to settle into rural Morriston and willing to evaluate each home on condition rather than comps
- Buyers who value space and a slower pace over neighborhood amenities
- Trading into a market where a long days-on-market window means room to negotiate
Probably not for
- Needing pools, trails, or other shared community amenities, which are not identified here
- Expecting a quick resale, given the 74-day median and low closing volume
- Relying on the headline 32.2% appreciation as a dependable trend from just three closings
The Steeplechase Farms buying strategy.
If we were buying in Steeplechase Farms 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 Steeplechase Farms.
A condition-first market, not a comp-first one
No community amenities surface in the current MLS listings, so you are buying the house and the land, not a bundle of shared features. That keeps the analysis simple but puts the weight on fundamentals: age, updates, square footage, and acreage. With builds dating as far back as 1967 and as recently as 2024, two homes at the same price can be very different properties, which is exactly why the $435,000 median tells you less here than it would in a uniform subdivision.
The homestead share — just under two-thirds — points to a market of owner-occupants rather than quick turnover, consistent with the long 74-day median days on market. Low closing volume means comps are scarce, so pricing and offers both benefit from someone who can read the individual listings rather than lean on an average.
The location and the amenities are priced into every listing in Steeplechase Farms. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Steeplechase Farms buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (7.4). Basis: Recent Direction +32.2% year-over-year; Owner Commitment 64% owner-occupied; Pricing Power 93.5% sale-to-list. Refreshed with each data update.
Why work with Momentum here
Thin closing volume and a wide range of home ages make this a market where averages mislead. We underwrite each property on its own condition and square footage rather than leaning on a median that spans homes built decades apart, and we price and negotiate for a market that moves slowly — around 74 days — so neither side overreacts to a single number.
Steeplechase Farms in 15 seconds.
Tools for a Steeplechase Farms 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 Steeplechase Farms sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Steeplechase Farms, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Steeplechase Farms home worth?
Get a no-obligation home value based on real comparable sales in Steeplechase Farms, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Morriston →
| Location | Morriston, Levy County, FL · ZIP 32668 |
|---|---|
| Homes in the community | 49 (FL DOR 2025 assessment roll) |
| Years built | 1967–2024 (median 2007) |
| Typical living area | 1,408 sq ft (median) |
| Sale prices, last 12 months | $435,000 median across 3 closed sales · $352 per sq ft · +32.2% vs the prior 12 months |
| Days on market (closed sales) | 74 median |
| Owner-occupied (homestead) share | 64% |
Data as of August 2, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2022 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Steeplechase Farms key facts,” movewithmomentum.com/neighborhoods/steeplechase-farms-morriston, data as of August 2, 2026.
Housing distress & ownership in STEEPLECHASE FARMS, Morriston
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period November 2026 through November 2026. Deemed reliable but not guaranteed.
More Morriston home searches
- All homes for sale in Morriston, FL
- Homes for sale in Levy County, FL
- Gated communities in Morriston
- ZIP 32668 housing scorecard
Morriston guides & data
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- SE 21St Place (6 homes on record)
Email me new listings in Steeplechase Farms
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Steeplechase Farms
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Steeplechase Farms will answer, and the answer is published on this page for the next buyer.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Levy County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Levy County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Frequently Asked Questions
What is the median home price in Steeplechase Farms?
How long do homes in Steeplechase Farms take to sell?
How many homes are in Steeplechase Farms?
What share of Steeplechase Farms is owner-occupied?
When were the homes in Steeplechase Farms built?
Do cash buyers compete in Steeplechase Farms?
Who is the best real estate agent for Steeplechase Farms?
How do I find a top Morriston real estate agent who knows Steeplechase Farms?
Can Momentum Realty connect me with an agent for Steeplechase Farms?
Where is Steeplechase Farms, and what county is it in?
Should you buy in Steeplechase Farms?
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 August 2, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32668)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2022 (12 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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See how STEEPLECHASE FARMS fits the bigger picture — live prices, inventory, and Momentum Scores: