Zephyrhills, FL—33542
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 $228,000, with a year-over-year change of -6.6%. This indicates that home prices in Zephyrhills, FL are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $228,000 | -6.6% |
| Single Family | $234,000 | -6.8% |
| Condos | $127,000 | -11.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $195,000 | -7.1% |
3 Bed | $262,000 | -5.4% |
4 Bed | $328,000 | -3.8% |
| 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 $1,580, with a year-over-year rent change of 2.6%. Per bedroom, the median rent as of July '25 in Zephyrhills, FL is 1-bedrooms: $1,070, 2-bedrooms: $1,480, 3-bedrooms: $1,800, 4-bedrooms: $2,430. The most common rental property sizes in Zephyrhills, FL are 2-bedroom and 3-bedroom, accounting for 37.1% and 28.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,580 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,070 |
| 2 Bed Rent | $1,500 | $1,480 |
| 3 Bed Rent | $1,800 | $1,800 |
| 4 Bed Rent | $2,300 | $2,430 |
% 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 81. This is a increase of 39.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $275,000 | -2.0% |
Listing Count | 123 | 28.0% |
| Listings as % of Homes | 0.6% | 28.0% |
Days on Market | 81 | 39.0% |
Demographics — Zephyrhills, FL
As of the latest ACS Survey released in 2023, Zephyrhills, FL has a population of 24,300, which has increased by 15.2% over the past 5 years. Zephyrhills, FL is a moderately popular place for families, as children make up 17.3% of the population. The area has a poorly educated workforce, with 15.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,300 | 15.2% |
% Under 18 | 17.3% | 3.0% |
% Seniors | 32.9% | -7.8% |
% WFH | 10.7% | 127.7% |
% w/ College Degree | 15.5% | 24.0% |
As of the latest ACS Survey released in 2023, Zephyrhills, FL is a predominantly white area, with 75.6% of the population identifying as white. The white population has shrunk by 7.4% in the last 5 years. The second most common race or ethnicity in Zephyrhills, FL is hispanic, making up 16.5% of the population. Foreign-born residents account for 5.4% of the population in Zephyrhills, FL, and this percentage has decreased by 1.8% 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 | 75.6% | -7.4% |
% Black | 4.6% | 31.4% |
% Hispanic | 16.5% | 47.3% |
% Asian | 1.0% | 42.9% |
% Foreign Born | 5.4% | -1.8% |
Mortgage and Risk — Zephyrhills, FL
According to HUD data as of 2023, there were 669 mortgage originations in Zephyrhills, FL, of which 51.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 57.0% above 90% LTV (very high). This implies large mortgage risk in Zephyrhills, FL. Investor activity is low, as 3.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 669 |
% Conventional Loans | 51.0% |
% Government Loans | 49.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Zephyrhills, FL
As of 2024, the percent of homes in Zephyrhills, FL under the Section 8 program is 8.0%. 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 and 3-bedroom and 4-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 units do not.
Section 8 Market Size
Total Units under HUD | 265 |
Total Units Section 8 | 259 |
% Rentals under Section 8 | 8.0% |
% Occupied Section 8 | 75.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $170 | $1,100 | $1,270 |
| 2 Bedroom | -$10 | $1,500 | $1,490 |
| 3 Bedroom | $110 | $1,800 | $1,910 |
| 4 Bedroom | $20 | $2,300 | $2,320 |
Affordability — Zephyrhills, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $228,000 |
| Median Household Income | $49,000 |