Is Zephyrhills, FL 33540 a buyer’s or seller’s market?

The Zephyrhills housing market right now

In the three months ending August 31, 2026, 23% of homes in Zephyrhills, FL 33540 sold above their list price, the typical home went under contract in 68 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 58 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 4%, homes sold faster (87 days then) and the median sale price rose 7% to $400,517. Overall, Zephyrhills is more competitive than a year ago, so tougher for buyers.

Within Pasco County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell more often over asking than in 95%. On our competition score, Zephyrhills ranks #24 of 796 FL ZIP codes with enough sales (score 45 out of 100).

Nearby, buyers who want less competition could look at San Antonio 33576 (4% sold over asking) or New Port Richey 34654 (5% sold over asking), while Holiday 34690 (28% sold over asking) is even more competitive.