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Housing in Cheval

127 homes sold in Cheval in the last year, at a typical $577K

About one sale in 6 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Cheval homes are listed.

Homes sold
127
June 2025 to May 2026
Typical sale price
$577K
median, weighted by sales
Price per square foot
$254
Florida $250
Paid vs. asking
96.8%
11% sold over asking
For sale now
32
May 2026 · 17 sold that month
What sold · last 12 months

Houses are 83% of Cheval’s sales, at a typical $618K

127 homes sold in the year to May 2026.

Houses$618K

typical sale · 106 sold in 12 months

Per square foot
$264FL $245
Days to sell
40
Sold over asking
13%
Listings with a price cut
37%
Fewer sales

Townhouses: 12 sold, typical $392K
Condos: 9 sold, typical $242K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at twice the 2016 price

127 sales in the last year, against 295 in 2019 and a low of 113 in 2025. The typical sale went from $290K in 2016 to $577K.

Homes soldTypical sale price
075150225300$325K$450K$575K$700K2012: 134 sold, typical $230K’122013: 175 sold, typical $253K2014: 164 sold, typical $271K’142015: 214 sold, typical $271K2016: 183 sold, typical $290K’162017: 208 sold, typical $328K2018: 283 sold, typical $315K’182019: 295 sold, typical $322K2020: 280 sold, typical $355K’202021: 226 sold, typical $425K2022: 143 sold, typical $558K’222023: 130 sold, typical $527K2024: 127 sold, typical $559K’242025: 113 sold, typical $573KLast 12 months: 127 sold, typical $577KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $600K buys in Cheval

Houseat $264 a sq ft
The same money in Floridaat $245 a sq ft

Is this asking price fair?

Check a listing against what Cheval homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Cheval are back to pre-pandemic levels, but a third fewer homes come up for sale

We read every month of Cheval’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 127 sales.

If you’re buying in Cheval

  • Shop in March. It brings about 21 new listings a month, close to the busiest month, with fewer bidding wars (21% over asking).
  • Some room to negotiate. 35% of listings cut their price, about as many as before the pandemic.
  • Offer under asking. Buyers paid 96.8% of the list price on average; 11% paid over.
  • You’ll usually have time. Only 31% of homes go under contract within two weeks; the typical one takes 43 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

April has the most new listings (about 26 a month), but May is the most competitive: 26% of May sales close over asking. December has the least competition (9%) but only about 11 new listings.

New listings a monthShare sold over asking
07.51522.53013%27%40%Sweet spotJan: 15 new listings a month, 17% sold over asking, 50 days to sellJFeb: 19 new listings a month, 17% sold over asking, 48 days to sellFMar: 21 new listings a month, 21% sold over asking, 36 days to sellMApr: 26 new listings a month, 21% sold over asking, 50 days to sellAMay: 25 new listings a month, 26% sold over asking, 29 days to sellMJun: 23 new listings a month, 21% sold over asking, 28 days to sellJJul: 20 new listings a month, 12% sold over asking, 37 days to sellJAug: 20 new listings a month, 14% sold over asking, 40 days to sellASep: 16 new listings a month, 16% sold over asking, 38 days to sellSOct: 16 new listings a month, 19% sold over asking, 40 days to sellONov: 13 new listings a month, 12% sold over asking, 61 days to sellNDec: 11 new listings a month, 9% sold over asking, 45 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Florida as a whole

Cheval now2017–192021 peakFL now
Sold over askingShare of sales that closed above the list price11%10%51%10%
Gone within two weeksShare of homes under contract within 14 days31%33%77%20%
Listings with a price cutShare of homes for sale that cut their price35%34%24%28%
Price paid vs. askingAverage sale price ÷ list price96.8%97.7%100.9%96.3%
Days to sellMedian days from listing to contract4347776
Supply

36 homes for sale on a typical day

That’s 3.1 times the 2021 low (12), 37% fewer than in 2017–19 and well under 2012’s 66.

2012: 66 for sale’122013: 63 for sale2014: 64 for sale2015: 60 for sale’152016: 53 for sale2017: 53 for sale2018: 61 for sale’182019: 57 for sale2020: 35 for sale2021: 12 for sale’212022: 21 for sale2023: 18 for sale2024: 33 for sale’242025: 37 for saleLast 12 months: 36 for saleNow
Room to negotiate

1 in 3 listings has cut its price

35% in the last year, against 34% in 2017–19 and 28% across Florida.

2015: 26%’152016: 25%2017: 33%2018: 36%’182019: 31%2020: 27%2021: 24%’212022: 42%2023: 40%2024: 40%’242025: 33%Last 12 months: 35%Now
Prices by type

Since 2019, houses are up 63%, condos 105%

A house typically sold for $618K in the last year (106 sales), a condo for $242K (9).

$175K$350K$525K$700K2013201520172019202120232025NowHouses 2013: $268K, 153 salesHouses 2014: $281K, 147 salesHouses 2015: $292K, 181 salesHouses 2016: $308K, 162 salesHouses 2017: $347K, 182 salesHouses 2018: $354K, 194 salesHouses 2019: $378K, 201 salesHouses 2020: $414K, 207 salesHouses 2021: $475K, 172 salesHouses 2022: $614K, 110 salesHouses 2023: $615K, 92 salesHouses 2024: $615K, 102 salesHouses 2025: $618K, 88 salesHouses last 12 months: $618K, 106 salesHouses $618KCondos 2013: $87K, 22 salesCondos 2014: $89K, 16 salesCondos 2015: $73K, 32 salesCondos 2016: $83K, 21 salesCondos 2017: $97K, 21 salesCondos 2018: $123K, 15 salesCondos 2019: $118K, 21 salesCondos 2020: $130K, 20 salesCondos 2021: $166K, 28 salesCondos 2022: $231K, 17 salesCondos 2023: $225K, 20 salesCondos 2024: $223K, 9 salesCondos 2025: $244K, 8 salesCondos last 12 months: $242K, 9 salesCondos $242K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Florida

Cheval ranks 216th of 534 busy Florida markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Cheval is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Cheval home costs about $3,526 a month

Mortgage
Property tax
Insurance
Rent

Price: Cheval’s typical sale, last 12 months. Property tax at Cheval’s 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Cheval is affordable on local pay is on Cost of living.

Before you buy in Cheval

Six things worth knowing

26

New listings in April

The month with the most choice. December has the fewest, about 11.

Best time to buy
1.1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $577K home, about $6,180 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Cheval, from test results, graduation and how much students grow.

Schools in Cheval
28 min

Typical commute

The average one-way trip to work for people who live in Cheval.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Land O' Lakes sells for less a square foot

The busier markets within 25 miles of Cheval, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Land O' Lakes522$400K$21813%51
Lake Magdalene375$444K$26118%33
Keystone352$754K$28510%42
Lutz325$618K$25811%44
Northdale275$463K$25419%35
Cheval127$577K$25411%43
Odessa86$630K$2483%53

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Cheval, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Cheval. People who follow the town see it, and so do people comparing Cheval with their own town. No commission, no listing fee.

Questions about buying a home in Cheval

What do homes sell for in Cheval, FL?

127 homes sold in the year to May 2026 at a typical $577K, $254 a square foot.

Is Cheval a buyer’s or seller’s market?

A seller’s market: 32 homes were for sale in May 2026 and 17 sold, about 1.9 months of supply. Buyers paid 96.8% of asking on average, and 35% of listings cut their price.

When is the best time to buy in Cheval?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Cheval?

About 1.1% of a home’s value a year. On a $577K home that’s near $6,180.

Where can I see homes for sale in Cheval?

Zillow, Redfin, Realtor.com and Homes.com all carry Cheval’s MLS listings; the search links above open each one filtered to Cheval.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).