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Text (352) 352-5665Cheval, FL · Market Data
Cheval, Florida real estate market data.
Real estate market data for Cheval, FL (Hillsborough) — Census median home value $485,600, county listing prices down about 4.5% over the past year.
Cheval, FL is in Hillsborough, Florida — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 13,694, with a median household income of $92,095. Census data puts Cheval's median home value at $485,600 (all owner-occupied homes); Hillsborough's current median listing price runs $429,450, down about 4.5% over the past year.
At a glance
Cheval market snapshot
Population
13,694
Median Household Income
$92,095
Median Home Value (city)
$485,600
Median Listing Price (Hillsborough)
$429,450
Median Gross Rent
$1,350/mo
Price Trend (YoY)
-4.5%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Cheval different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Cheval's median home value — across all owner-occupied homes, not just recent sales — at $485,600. Separately, Hillsborough's current median listing price (via Realtor.com data, 2026-06-01) runs $429,450. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Hillsborough's FHFA house price index shows a 1.66% annual change in 2025.
Population & Income
Cheval has an estimated population of 13,694 and a median household income of $92,095, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Cheval's Census-reported median home value works out to about 5.3x the area's median household income, and median gross rent runs roughly 18% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Cheval FAQ
What are home values like in Cheval, FL?
The Census Bureau's American Community Survey puts Cheval's median home value at $485,600. Hillsborough's current median listing price runs $429,450, down about 4.5% over the past year.
What is the population of Cheval, FL?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Cheval's population at approximately 13,694.
What's the median rent in Cheval, FL?
The Census ACS estimates median gross rent in Cheval at approximately $1,350 per month.
What is the median household income in Cheval, FL?
Census ACS data puts the median household income in Cheval at approximately $92,095.
Is the Cheval housing market growing?
Hillsborough's FHFA house price index shows a 1.66% annual change in 2025.
Is Cheval, FL affordable relative to income?
Census ACS data puts Cheval's median home value at about 5.3 times the median household income, with median gross rent equal to roughly 18% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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