Is Zephyrhills, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Zephyrhills is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, Zephyrhills has remained a Seller's Market.

Key Takeaway

Zephyrhills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Zephyrhills, FL cost?

Median Sold Price

$265,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$46,200(+21.1%)

Key Takeaway

Homes in Zephyrhills have sold for 21.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $103.5K$175K
+69.1%
2 $174.9K$213.5K
+22.1%
3 $234K$275K
+17.5%
4 $279.7K$382.5K
+36.7%
5+ $345K$544.9K
+58.0%

How many homes are available in Zephyrhills, FL?

Number of Homes For Sale

Nov 2022Dec 2022%
8687+1.2%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 2830
+7.1%
3 3030
0.0%
4 2625
-3.8%
5+ 22
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
1423+64.3%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Zephyrhills, you may be able to get a good deal. 69.6% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
7 Days44 Days+466.7%

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Zephyrhills are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Zephyrhills, FL

There are 87 homes are for sale in Zephyrhills, FL real estate market. Between November 2022 and December 2022, Zephyrhills, FL real estate market has seen increase in the number of listings by 1.2%. Listings spent 44 days on the market in December 2022, and had a median list price of $265,000 during the same period. Real estate listing prices changed between November 2022 and December 2022: 1 bedroom properties became 69.1% more expensive, prices of 2 bedrooms properties went up by 22.1%, 3 bedrooms properties prices increased by 17.5%, prices of 4 bedrooms properties increased by 36.7%, the cost of 5 bedrooms properties went up by 58%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 7.1% more available, number of 3 bedrooms homes remained the same, volume of 4 bedrooms homes went down by 3.8%, the quantity of 5 bedrooms homes have not changed. Over 2 listings were sold over their listed price in December 2022 in Zephyrhills, FL. In the same period over 16 listings were sold below the listed price and 5 listings were sold for the listed price.