Zephyrhills, FL—33540
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Zephyrhills, FL
As of Oct '25, the median home price in Zephyrhills, FL is $330,000, with a year-over-year change of -3.8%. This indicates that home prices in Zephyrhills, FL are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $330,000 | -3.8% |
| Single Family | $330,000 | -3.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $217,000 | -6.5% |
3 Bed | $319,000 | -3.3% |
4 Bed | $352,000 | -4.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Zephyrhills, FL
As of July '25, Rentcast reports the average rent in Zephyrhills, FL is $2,180, with a year-over-year rent change of -9.9%. Per bedroom, the median rent as of July '25 in Zephyrhills, FL is 1-bedrooms: $1,160, 2-bedrooms: $1,880, 3-bedrooms: $2,090, 4-bedrooms: $2,380. The most common rental property sizes in Zephyrhills, FL are 2-bedroom and 1-bedroom, accounting for 43.7% and 34.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,160 | $2,180 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $1,160 |
| 2 Bed Rent | $1,700 | $1,880 |
| 3 Bed Rent | $2,080 | $2,090 |
| 4 Bed Rent | $2,310 | $2,380 |
% of Rental Stock
Property Listings — Zephyrhills, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Zephyrhills, FL is 77. This is a increase of 84.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $360,000 | -5.0% |
Listing Count | 81 | 23.0% |
| Listings as % of Homes | 1.1% | 23.0% |
Days on Market | 77 | 84.0% |
Demographics — Zephyrhills, FL
As of the latest ACS Survey released in 2023, Zephyrhills, FL has a population of 11,100, which has increased by 27.0% over the past 5 years. Zephyrhills, FL is a less popular place for families, as children make up 13.9% of the population. The area has a poorly educated workforce, with 18.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,100 | 27.0% |
% Under 18 | 13.9% | -21.9% |
% Seniors | 35.9% | 5.9% |
% WFH | 16.2% | 131.4% |
% w/ College Degree | 18.4% | 60.0% |
As of the latest ACS Survey released in 2023, Zephyrhills, FL is a predominantly white area, with 76.8% of the population identifying as white. The white population has shrunk by 8.5% in the last 5 years. The second most common race or ethnicity in Zephyrhills, FL is hispanic, making up 13.9% of the population. Foreign-born residents account for 10.6% of the population in Zephyrhills, FL, and this percentage has increased by 41.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 76.8% | -8.5% |
% Black | 4.2% | 100.0% |
% Hispanic | 13.9% | 25.2% |
% Asian | 1.3% | -7.1% |
% Foreign Born | 10.6% | 41.3% |
Mortgage and Risk — Zephyrhills, FL
According to HUD data as of 2023, there were 317 mortgage originations in Zephyrhills, FL, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Zephyrhills, FL. Investor activity is low, as 0.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 317 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Zephyrhills, FL
As of 2024, the percent of homes in Zephyrhills, FL under the Section 8 program is 4.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Zephyrhills, FL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 29 |
Total Units Section 8 | 29 |
% Rentals under Section 8 | 4.7% |
% Occupied Section 8 | 70.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $360 | $800 | $1,160 |
| 2 Bedroom | -$340 | $1,700 | $1,360 |
| 3 Bedroom | -$340 | $2,080 | $1,740 |
| 4 Bedroom | -$190 | $2,310 | $2,120 |
Affordability — Zephyrhills, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.1 |
| Median Home Price | $330,000 |
| Median Household Income | $55,400 |