Plant City, FL—33563
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Plant City, FL
As of Oct '25, the median home price in Plant City, FL is $279,000, with a year-over-year change of -5.5%. This indicates that home prices in Plant City, FL are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $279,000 | -5.6% |
| Single Family | $281,000 | -5.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $147,000 | -12.0% |
2 Bed | $206,000 | -7.2% |
3 Bed | $288,000 | -5.6% |
4 Bed | $350,000 | -3.3% |
| 5 Bed | $386,000 | -3.7% |
% of Housing Stock
Rental Trends — Plant City, FL
As of July '25, Rentcast reports the average rent in Plant City, FL is $1,880, with a year-over-year rent change of 2.7%. Per bedroom, the median rent as of July '25 in Plant City, FL is 1-bedrooms: $1,100, 2-bedrooms: $1,470, 3-bedrooms: $2,070, 4-bedrooms: $2,430. The most common rental property sizes in Plant City, FL are 2-bedroom and 3-bedroom, accounting for 38.5% and 26.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $1,880 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,100 |
| 2 Bed Rent | $1,350 | $1,470 |
| 3 Bed Rent | $2,040 | $2,070 |
| 4 Bed Rent | $2,440 | $2,430 |
% of Rental Stock
Property Listings — Plant City, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Plant City, FL is 51. This is a decrease of -29.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $318,000 | -5.0% |
Listing Count | 113 | 5.0% |
| Listings as % of Homes | 0.6% | 5.0% |
Days on Market | 51 | -29.0% |
Demographics — Plant City, FL
As of the latest ACS Survey released in 2023, Plant City, FL has a population of 26,300, which has decreased by -5.6% over the past 5 years. Plant City, FL is a moderately popular place for families, as children make up 22.5% of the population. The area has a poorly educated workforce, with 17.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,300 | -5.6% |
% Under 18 | 22.5% | -15.7% |
% Seniors | 13.9% | -2.8% |
% WFH | 7.8% | 200.0% |
% w/ College Degree | 17.7% | 25.5% |
As of the latest ACS Survey released in 2023, Plant City, FL is a predominantly white area, with 43.1% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Plant City, FL is hispanic, making up 39.2% of the population. Foreign-born residents account for 16.0% of the population in Plant City, FL, and this percentage has decreased by 0.6% 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 | 43.1% | -1.6% |
% Black | 15.3% | -11.6% |
% Hispanic | 39.2% | 7.4% |
% Asian | 0.1% | -92.9% |
% Foreign Born | 16.0% | -0.6% |
Mortgage and Risk — Plant City, FL
According to HUD data as of 2023, there were 360 mortgage originations in Plant City, FL, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Plant City, FL. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 360 |
% Conventional Loans | 58.0% |
% Government Loans | 42.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Plant City, FL
As of 2024, the percent of homes in Plant City, FL under the Section 8 program is 4.2%. 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 Plant City, 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 | 492 |
Total Units Section 8 | 165 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $320 | $1,100 | $1,420 |
| 2 Bedroom | $320 | $1,350 | $1,670 |
| 3 Bedroom | $100 | $2,040 | $2,140 |
| 4 Bedroom | $160 | $2,440 | $2,600 |
Affordability — Plant City, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $279,000 |
| Median Household Income | $56,300 |