Plant City, FL—33567
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 $390,000, with a year-over-year change of -2.1%. This indicates that home prices in Plant City, 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 | $390,000 | -2.1% |
| Single Family | $390,000 | -2.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $280,000 | -6.0% |
3 Bed | $370,000 | -2.1% |
4 Bed | $447,000 | -1.3% |
| 5 Bed | $605,000 | 1.9% |
% of Housing Stock
Rental Trends — Plant City, FL
As of July '25, Rentcast reports the average rent in Plant City, FL is $2,150, with a year-over-year rent change of 1.4%. Per bedroom, the median rent as of July '25 in Plant City, FL is 2-bedrooms: $1,800, 3-bedrooms: $1,960, 4-bedrooms: $2,410. The most common rental property sizes in Plant City, FL are 3-bedroom and 2-bedroom, accounting for 51.1% and 23.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,140 | $2,150 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,800 | $1,800 |
| 3 Bed Rent | $1,880 | $1,960 |
| 4 Bed Rent | $2,420 | $2,410 |
% 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 73. This is a decrease of -33.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $506,000 | -15.0% |
Listing Count | 35 | 27.0% |
| Listings as % of Homes | 0.5% | 27.0% |
Days on Market | 73 | -33.0% |
Demographics — Plant City, FL
As of the latest ACS Survey released in 2023, Plant City, FL has a population of 12,300, which has remained stable by -0.2% over the past 5 years. Plant City, FL is a moderately popular place for families, as children make up 23.0% of the population. The area has a poorly educated workforce, with 21.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,300 | -0.2% |
% Under 18 | 23.0% | -14.5% |
% Seniors | 13.1% | 22.4% |
% WFH | 12.7% | 10.4% |
% w/ College Degree | 21.2% | 39.5% |
As of the latest ACS Survey released in 2023, Plant City, FL is a predominantly white area, with 52.0% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Plant City, FL is hispanic, making up 29.4% 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 | 52.0% | -3.0% |
% Black | 15.4% | 31.6% |
% Hispanic | 29.4% | -8.4% |
% Asian | 1.7% | 325.0% |
% Foreign Born | 16.0% | -0.6% |
Mortgage and Risk — Plant City, FL
According to HUD data as of 2023, there were 168 mortgage originations in Plant City, FL, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Plant City, FL. Investor activity is low, as 1.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 168 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Plant City, FL
Plant City, FL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,550 |
| 2 Bedroom | $20 | $1,800 | $1,820 |
| 3 Bedroom | $450 | $1,880 | $2,330 |
| 4 Bedroom | $420 | $2,420 | $2,840 |
Affordability — Plant City, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $390,000 |
| Median Household Income | $85,700 |