Zephyrhills, FL—33541
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 $335,000, with a year-over-year change of -4.6%. This indicates that home prices in Zephyrhills, FL are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $335,000 | -4.6% |
| Single Family | $338,000 | -4.5% |
| Condos | $139,000 | -14.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $193,000 | -7.2% |
3 Bed | $311,000 | -4.9% |
4 Bed | $365,000 | -4.2% |
| 5 Bed | $406,000 | -2.6% |
% of Housing Stock
Rental Trends — Zephyrhills, FL
As of July '25, Rentcast reports the average rent in Zephyrhills, FL is $2,270, with a year-over-year rent change of 7.1%. Per bedroom, the median rent as of July '25 in Zephyrhills, FL is 1-bedrooms: $1,170, 2-bedrooms: $1,630, 3-bedrooms: $2,050, 4-bedrooms: $2,500. The most common rental property sizes in Zephyrhills, FL are 2-bedroom and 3-bedroom, accounting for 44.5% and 37.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,160 | $2,270 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,250 | $1,170 |
| 2 Bed Rent | $1,500 | $1,630 |
| 3 Bed Rent | $2,040 | $2,050 |
| 4 Bed Rent | $2,370 | $2,500 |
% 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 76. This is a increase of 48.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $354,000 | -2.0% |
Listing Count | 195 | 1.0% |
| Listings as % of Homes | 1.6% | 1.0% |
Days on Market | 76 | 48.0% |
Demographics — Zephyrhills, FL
As of the latest ACS Survey released in 2023, Zephyrhills, FL has a population of 23,900, which has increased by 20.2% over the past 5 years. Zephyrhills, FL is a less popular place for families, as children make up 13.4% of the population. The area has a poorly educated workforce, with 19.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,900 | 20.2% |
% Under 18 | 13.4% | 0.0% |
% Seniors | 38.2% | -9.3% |
% WFH | 14.7% | 258.5% |
% w/ College Degree | 19.4% | 44.8% |
As of the latest ACS Survey released in 2023, Zephyrhills, FL is a predominantly white area, with 72.3% of the population identifying as white. The white population has shrunk by 10.6% in the last 5 years. The second most common race or ethnicity in Zephyrhills, FL is hispanic, making up 15.3% of the population. Foreign-born residents account for 9.4% of the population in Zephyrhills, FL, and this percentage has decreased by 12.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 72.3% | -10.6% |
% Black | 5.1% | -3.8% |
% Hispanic | 15.3% | 66.3% |
% Asian | 4.7% | 46.9% |
% Foreign Born | 9.4% | -12.1% |
Mortgage and Risk — Zephyrhills, FL
According to HUD data as of 2023, there were 875 mortgage originations in Zephyrhills, FL, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 51.0% above 90% LTV (very high). This implies large mortgage risk in Zephyrhills, FL. Investor activity is low, as 2.0% 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 | 875 |
% Conventional Loans | 54.0% |
% Government Loans | 46.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% 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 2.2%. 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. In Zephyrhills, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 39 |
Total Units Section 8 | 39 |
% Rentals under Section 8 | 2.2% |
% Occupied Section 8 | 70.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $280 | $1,250 | $1,530 |
| 2 Bedroom | $290 | $1,500 | $1,790 |
| 3 Bedroom | $250 | $2,040 | $2,290 |
| 4 Bedroom | $420 | $2,370 | $2,790 |
Affordability — Zephyrhills, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.3 |
| Median Home Price | $335,000 |
| Median Household Income | $55,600 |