Welcome to Sumter County, Florida – a beautiful and thriving community located in the heart of the Sunshine State. If you are considering purchasing a home in this area, you have come to the right place. As a real estate brokerage that specializes in the Sumter County market, Oakstrand Realty has the inside scoop on what you need to know before making such an important decision. Here are some specific tips to consider when buying a home in Sumter County, Florida.
First and foremost, it is important to understand the current real estate market in Sumter County. As of 2021, the median home price in this county is $210,000, which is slightly higher than the national average. However, this is still considered to be an affordable area compared to other parts of Florida. It is also worth noting that the housing market in Sumter County is currently experiencing a seller's market, meaning there is high demand for homes and limited inventory. This can impact the negotiation process and may require you to act quickly when making an offer.
When looking for a home in Sumter County, it is crucial to consider the location. Sumter County is known for its beautiful natural landscapes and outdoor recreational activities, such as hiking, fishing, and boating. If you are someone who enjoys being surrounded by nature, you may want to look for a home near one of the many lakes or nature preserves in the area. On the other hand, if you prefer a more urban lifestyle, the cities of The Villages and Wildwood offer a variety of shopping, dining, and entertainment options.
Another important factor to consider when buying a home in Sumter County is the age of the property. This county is known for its retirement communities, such as The Villages, which means there are many older homes on the market. While these homes may have a lot of charm and character, they may also require more maintenance and updates. If you are not looking for a fixer-upper, you may want to focus your search on newer developments or newly constructed homes.
One unique aspect of purchasing a home in Sumter County is the option to buy in a 55+ community. These communities offer amenities and activities specifically tailored to older adults, such as golf courses, fitness centers, and social events. If this is something that interests you, be sure to research the different 55+ communities in the area and their specific rules and regulations.
Lastly, it is important to work with a real estate agent who is familiar with the Sumter County market. At Oakstrand Realty, our agents have extensive knowledge of the area and can guide you through the home buying process with ease. We can also provide valuable insights and recommendations based on your specific needs and preferences.
In conclusion, buying a home in Sumter County, Florida is an exciting and worthwhile investment. By considering the current market, location, age of the property, and the option for 55+ communities, you can make an informed decision and find the perfect home for you. And with the help of Oakstrand Realty, your dream home in Sumter County is just a few steps away. Contact us today to start your home buying journey in this beautiful and vibrant community.