Is Zephyrhills, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Zephyrhills has remained a Seller's Market.
Housing Prices in Zephyrhills, FL
How much do homes in Zephyrhills, FL cost?
Median Sold Price
$301,733
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Zephyrhills was $301,733 in April 2024, up 8.4% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | $86K | -28.3% |
2 Bedrooms | $185K | $170K | -8.1% |
3 Bedrooms | $299.4K | $304.4K | +1.7% |
4 Bedrooms | $375.5K | $369.9K | -1.5% |
5+ Bedrooms | $450K | $399.9K | -11.1% |
Summary: Zephyrhills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.3%, 2 bedroom homes decreased by 8.1%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 11.1%.
Housing Supply in Zephyrhills, FL
How many homes are available in Zephyrhills, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
525 | 483 | -8.0% |
Summary: The Zephyrhills real estate market had 483 homes for sale in April 2024, a 8.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 8 | -20.0% |
2 Bedrooms | 177 | 161 | -9.0% |
3 Bedrooms | 172 | 160 | -7.0% |
4 Bedrooms | 114 | 108 | -5.3% |
5+ Bedrooms | 52 | 46 | -11.5% |
Summary: The Zephyrhills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 9%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 11.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
110 | 110 | 0.0% |
Asking Price vs. Sold Price
62 Homes Were Sold
Under Asking
41 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 110 homes were sold or pending in Zephyrhills in April 2024, the same as the previous month. Of the 110 sold homes, 56% were sold under asking, 37% were sold at asking, and 6% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 49 Days | +7.8% |
Summary: Homes in Zephyrhills had an average of 49 days on market in Apr 2024, up by 7.8% compared to last year.
Breakdown of Home Sale Times
60 Homes Were Sold
Under 30 Days
31 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Summary: During April 2024, 110 homes were sold in Zephyrhills; 55% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.