#TB8394968, Dan Nease, Listing office: FOXX AND ASSOCIATES
Palm River-Gibsonton Housing Market Report May 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 Seller's Market
Difference Since May 2024
Since last year, Palm River-Gibsonton has remained a Seller's Market.
Palm River-Gibsonton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
The sold price of homes in Palm River-Gibsonton has remained the same since last year.
Summary: The median home sold price in Palm River-Gibsonton was $335,000 in May 2025, up 0.2% from last year, and the median price per square foot was $199.
Median Sold Price By Bedrooms
Beds | May 2024 | May 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $198K | N/A |
22 Bedrooms | $255K | $235K | -7.8% |
33 Bedrooms | $320K | $315K | -1.6% |
44 Bedrooms | $380K | $370K | -2.6% |
55+ Bedrooms | $430K | $430K | 0.0% |
Summary: Palm River-Gibsonton housing price by bedroom type for May 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 -7.8%. The home price for 3 bedroom homes decreased by -1.6%. The home price for 4 bedroom homes decreased by -2.6%. The home price for 5 bedroom homes did not change.
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 |
---|---|---|
300Last MonthMay 2025 | ||
2822 months agoApr 2025 | +6.4 % Change MoMApr – May |
Summary: The Palm River-Gibsonton real estate market had 300 homes for sale in May 2025, a 6.4 % increase compared to Apr 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
58Last MonthMay 2025 | ||
412 months agoApr 2025 | +41.5 % Change MoMApr – May |
Homes For Sale By Bedroom Count
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 1 | -50.0% |
22 Bedrooms | 39 | 41 | +5.1% |
33 Bedrooms | 154 | 164 | +6.5% |
44 Bedrooms | 71 | 78 | +9.9% |
55+ Bedrooms | 16 | 16 | 0.0% |
Summary: Palm River-Gibsonton housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes increased by +5.1%. The inventory for 3 bedroom homes increased by +6.5%. The inventory for 4 bedroom homes increased by +9.9%. 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 Price18 Homes
At Asking Price17 Homes
Under Asking Price23 Homes
If you're buying a home in Palm River-Gibsonton, you may be able to get a good deal. 39.7% of homes here sold below asking price last month.
Summary: A total of 58 homes were sold or pending in Palm River-Gibsonton in May 2025, up by 41.5% month-over-month. Of the 58 sold homes, 40% were sold under asking, 29% were sold at asking, and and 31% 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 Days35 Homes
30 – 90 Days12 Homes
Over 90 Days11 Homes
Many homes in Palm River-Gibsonton are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 58 homes were sold in Palm River-Gibsonton; 60% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
52 DaysThis YearMay 2025 | ||
31 Days1 year agoMay 2024 | +63.8 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Palm River-Gibsonton had an average listing age of 52 days in May 2025, up by 63.8% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Palm River-Gibsonton, FL
What homes are available in Palm River-Gibsonton, FL?
Popular Cities with Homes for Sale in Florida
- Homes for sale in Boca Raton, FL
- Homes for sale in Boynton Beach, FL
- Homes for sale in Cape Coral, FL
- Homes for sale in Clearwater, FL
- Homes for sale in Clermont, FL
- Homes for sale in Fort Myers, FL
- Homes for sale in Jacksonville, FL
- Homes for sale in Kissimmee, FL
- Homes for sale in Lakeland, FL
- Homes for sale in Lehigh Acres, FL
- Homes for sale in Miami, FL
- Homes for sale in Naples, FL
- Homes for sale in Ocala, FL
- Homes for sale in Orlando, FL
- Homes for sale in Palm Bay, FL
- Homes for sale in Port Charlotte, FL
- Homes for sale in Port Saint Lucie, FL
- Homes for sale in Sarasota, FL
- Homes for sale in Spring Hill, FL
- Homes for sale in Tampa, FL
- Homes for sale in Winter Haven, FL
MLS Disclaimers and Copyright
Based on information from Stellar MLS, and Hernando County Information Services MLS for the period 06/01/2023 - 06/01/2025

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.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2025, 5:35:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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: 6/9/2025, 5:40:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.