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 November 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

$343,942

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$46,402(+15.6%)

Key Takeaway

Homes in Zephyrhills have sold for 15.6% more than they did a year ago.

Summary: The median home sold price in Zephyrhills was $343,942 in November 2024, up 15.6% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $105.7K$111K
+5.0%
2 $174.9K$204.1K
+16.7%
3 $300K$315K
+5.0%
4 $360.1K$380K
+5.5%
5+ $399.4K$419.9K
+5.1%

Summary: Zephyrhills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 5.1%.

Housing Supply in Zephyrhills, FL

How many homes are available in Zephyrhills, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
453430-5.1%

Summary: The Zephyrhills real estate market had 430 homes for sale in November 2024, a 5.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 6473
+14.1%
3 158153
-3.2%
4 151134
-11.3%
5+ 7767
-13.0%

Summary: The Zephyrhills housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.1%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes decreased by 13%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
8092+15.0%

Asking Price vs. Sold Price

44 Homes Were Sold
Under Asking

43 Homes Were Sold
At Asking

5 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. 47.8% of homes here sold below asking price last month.

Summary: A total of 92 homes were sold or pending in Zephyrhills in November 2024, up by 15.0% month-over-month. Of the 92 sold homes, 48% were sold under asking, 47% were sold at asking, and 5% 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

Nov 2023Nov 2024CHANGE
31 Days49 Days+57.7%

Summary: Homes in Zephyrhills had an average of 49 days on market in Nov 2024, up by 57.7% compared to last year.

Breakdown of Home Sale Times

54 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

18 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 November 2024, 92 homes were sold in Zephyrhills; 59% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 2 Days Ago

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