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

Housing Market Conditions



Gauge showing Zephyrhills is a seller's market


Difference Since May 2023

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.

Housing Prices in Zephyrhills, FL

How much do homes in Zephyrhills, FL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2023


Key Takeaway

Homes in Zephyrhills have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in Zephyrhills was $314,907 in May 2024, up 11.5% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $142.5K$86K
2 $190K$174.9K
3 $298.4K$309.6K
4 $364.9K$374K
5+ $399K$401K

Summary: Zephyrhills housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.6%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 0.5%.

Housing Supply in Zephyrhills, FL

How many homes are available in Zephyrhills, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE

Summary: The Zephyrhills real estate market had 492 homes for sale in May 2024, a 7.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 45
2 130103
3 189179
4 142146
5+ 6659

Summary: The Zephyrhills housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 20.8%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 10.6%.

Number of Homes Sold

Apr 2024May 2024CHANGE

Asking Price vs. Sold Price

53 Homes Were Sold
Under Asking

70 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Zephyrhills, expect to pay close to the asking price. 51.1% of homes here sold near the asking price last month.

Summary: A total of 137 homes were sold or pending in Zephyrhills in May 2024, up by 12.3% month-over-month. Of the 137 sold homes, 39% were sold under asking, 51% were sold at asking, and 10% were sold over asking.

Days on Market for Zephyrhills, FL

How long does it take to sell a home in Zephyrhills, FL?

Average Sale Time

May 2023May 2024CHANGE
48 Days32 Days-33.0%

Summary: Homes in Zephyrhills had an average of 32 days on market in May 2024, down by 33% compared to last year.

Breakdown of Home Sale Times

94 Homes Were Sold
Under 30 Days

29 Homes Were Sold
In 30 - 90 Days

14 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.

Summary: During May 2024, 137 homes were sold in Zephyrhills; 69% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

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

Report Updated 23 Days Ago

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