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 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

$344,993

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$48,098(+16.2%)

Key Takeaway

Homes in Zephyrhills have sold for 16.2% more than they did a year ago.

Summary: The median home sold price in Zephyrhills was $344,993 in December 2024, up 16.2% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $87K$122.5K
+40.8%
2 $174.9K$208K
+18.9%
3 $299.5K$316.2K
+5.6%
4 $365K$380K
+4.1%
5+ $399K$419.9K
+5.2%

Summary: Zephyrhills housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.8%, 2 bedroom homes increased by 18.9%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 5.2%.

Housing Supply in Zephyrhills, FL

How many homes are available in Zephyrhills, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
456441-3.3%

Summary: The Zephyrhills real estate market had 441 homes for sale in December 2024, a 3.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 33
0.0%
2 6672
+9.1%
3 168162
-3.6%
4 144139
-3.5%
5+ 7565
-13.3%

Summary: The Zephyrhills housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 13.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
9988-11.1%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

53 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, expect to pay close to the asking price. 60.2% of homes here sold near the asking price last month.

Summary: A total of 88 homes were sold or pending in Zephyrhills in December 2024, down by 11.1% month-over-month. Of the 88 sold homes, 34% were sold under asking, 60% 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

Dec 2023Dec 2024CHANGE
31 Days53 Days+72.3%

Summary: Homes in Zephyrhills had an average of 53 days on market in Dec 2024, up by 72.3% compared to last year.

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

17 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 December 2024, 88 homes were sold in Zephyrhills; 49% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 19% 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 4 Days Ago

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