3 hours on Rocket
$3,266 Closing Credit¹
#TB8362359, Tamily Abdo, Listing Office: EXP REALTY LLC
Palm River-Gibsonton Housing Market Report February 2025•Hillsborough County, Florida
Housing Prices in Palm River-Gibsonton, FL
How much do homes in Palm River-Gibsonton, FL cost?
Housing Market Conditions
Is Palm River-Gibsonton, FL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Palm River-Gibsonton is a Buyer's Market
Difference Since February 2024
At the same time last year, Palm River-Gibsonton was a Seller's Market.
Insight
Palm River-Gibsonton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$336,125$199/SqFt
+$6,125
+1.9%
Based on all homes sold in the last 12 months
Insight
Homes in Palm River-Gibsonton have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Palm River-Gibsonton was $336,125 in February 2025, up 1.9% from last year, and the median price per square foot was $199.
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $255K | $250K | -2.0% |
| 33 Bedrooms | $317.2K | $323K | +1.8% |
| 44 Bedrooms | $380K | $375K | -1.3% |
| 55+ Bedrooms | $435K | $434K | -0.2% |
Summary: Palm River-Gibsonton housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -2.0%. The home price for 3 bedroom homes increased by +1.8%. The home price for 4 bedroom homes decreased by -1.3%. The home price for 5 bedroom homes decreased by -0.2%.
How does Palm River-Gibsonton, FL compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Palm River-Gibsonton, FL
Housing supply in Palm River-Gibsonton, FL
How many homes are available in Palm River-Gibsonton, FL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 281Last MonthFeb 2025 | ||
| 2572 months agoJan 2025 | +9.3 % Change MoMJan – Feb |
Summary: The Palm River-Gibsonton real estate market had 281 homes for sale in Feb 2025, a 9.3 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 36Last MonthFeb 2025 | ||
| 372 months agoJan 2025 | -2.7 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 2 | 0.0% |
| 22 Bedrooms | 36 | 43 | +19.4% |
| 33 Bedrooms | 137 | 151 | +10.2% |
| 44 Bedrooms | 62 | 65 | +4.8% |
| 55+ Bedrooms | 20 | 20 | 0.0% |
Summary: Palm River-Gibsonton housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +19.4%. The inventory for 3 bedroom homes increased by +10.2%. The inventory for 4 bedroom homes increased by +4.8%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Palm River-Gibsonton, FL cost?
Over Asking Price6 Homes
At Asking Price7 Homes
Under Asking Price23 Homes
Insight
If you're buying a home in Palm River-Gibsonton, you may be able to get a good deal. 63.9% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in Palm River-Gibsonton in February 2025, down by 2.7% month-over-month. Of the 36 sold homes, 64% were sold under asking, 19% were sold at asking, and and 17% were sold over asking.
Days on Market for Palm River-Gibsonton, FL
How long does it take to sell a home in Palm River-Gibsonton, FL?
Breakdown of Home Sale Times
Under 30 Days15 Homes
30 – 90 Days13 Homes
Over 90 Days8 Homes
Insight
Many homes in Palm River-Gibsonton are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 36 homes were sold in Palm River-Gibsonton; 42% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 54 DaysThis YearFeb 2025 | ||
| 46 Days1 year agoFeb 2024 | +16.7 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Palm River-Gibsonton had an average listing age of 54 days in Feb 2025, up by 16.7% compared to the previous year.
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Newest Listings in Palm River-Gibsonton, FL
What homes are available in Palm River-Gibsonton, FL?
8 hours on Rocket
$3,681 Closing Credit¹
#O6290168, Lashonda Jordan, Listing Office: NACA
12 hours on RocketVideo tour
$3,443 Closing Credit¹
#TB8361280, Agnes Lirag, Listing Office: SIGNATURE REALTY ASSOCIATES
14 hours on RocketVideo tour
$4,833 Closing Credit¹
#TB8360963, Kenneth Brownlee, Listing Office: KELLER WILLIAMS SUBURBAN TAMPA
17 hours on RocketVideo tour
$4,970 Closing Credit¹
#TB8360796, Doreen Rivera, Listing Office: KELLER WILLIAMS SOUTH SHORE
1 day on RocketVideo tour
$4,750 Closing Credit¹
#O6289865, Brandon Baklayan, Listing Office: FIZBO REALTY LLC
1 day on Rocket
$4,988 Closing Credit¹
#TB8361413, Tatiana Berejuk, Listing Office: HARBOR CAY REALTY LLC
2 days on RocketVideo tour
$4,512 Closing Credit¹
#TB8361314, Marilyn Armijo, Listing Office: LPT REALTY, LLC
2 days on Rocket3D tour
$5,522 Closing Credit¹
#TB8359356, Jennifer Velez, Listing Office: REDFIN CORPORATION
2 days on Rocket
$1,686 Closing Credit¹
#TB8361009, Janet Paula, Listing Office: CENTURY 21 CIRCLE
3 days on RocketVideo tour
$4,097 Closing Credit¹
#TB8359056, Joe Medina, Listing Office: ACTION 100 REALTY
3 days on RocketVideo tour
$3,444 Closing Credit¹
#O6287730, Jay Godair, Listing Office: MAINSTAY BROKERAGE LLC
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MLS Disclaimers and Copyright
Based on information from Stellar MLS, Florida Gulf Coast MLS, and Hernando County Information Services MLS for the period 03/01/2023 - 03/01/2025
Listings courtesy of Stellar MLS as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 11:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:55:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The information contained herein has been provided by by Hernando County Association of REALTORS®. This information is from sources deemed reliable but not guaranteed. The information is for consumers' personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. The information contained in this web site is believed to be reliable and while every effort is made to assure that the information is as accurate as possible, the owner of this site disclaims any implied warranty or representation about it's accuracy, completeness or appropriateness for any particular purpose. This includes but is not limited to information provided by any third party which is accessed through this site via a hyperlink. Those persons who access this information assume full responsibility for the use of said information and understand and agree that the owner of this site named above not responsible or liable for any claim, loss or damage arising from the use of any information contained in this site. Any reference to specific products, companies or services does not necessarily constitute or imply recommendation or endorsement by the owner of this site. Copyright © 2025 Hernando County Association of REALTORS®
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:50:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.