#P4933691, Jacqueline Mazurowski, Listing Office: KELLER WILLIAMS REALTY SMART 1
Palm River-Gibsonton Housing Market Report January 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 January 2024
At the same time last year, Palm River-Gibsonton was a Seller's Market.
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
Based on all homes sold in the last 12 months
Homes in Palm River-Gibsonton have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Palm River-Gibsonton was $333,999 in January 2025, up 1.2% from last year, and the median price per square foot was $199.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $255K | $250K | -2.0% |
33 Bedrooms | $319K | $320K | 0.3% |
44 Bedrooms | $384.5K | $367K | -4.6% |
55+ Bedrooms | $435K | $448.5K | +3.1% |
Summary: Palm River-Gibsonton housing price by bedroom type for January 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 0.3%. The home price for 4 bedroom homes decreased by -4.6%. The home price for 5 bedroom homes increased by +3.1%.
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 |
---|---|---|
267Last MonthJan 2025 | ||
2622 months agoDec 2024 | +1.9 % Change MoMDec – Jan |
Summary: The Palm River-Gibsonton real estate market had 267 homes for sale in Jan 2025, a 1.9 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
37Last MonthJan 2025 | ||
592 months agoDec 2024 | -37.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 2 | 0.0% |
22 Bedrooms | 39 | 41 | +5.1% |
33 Bedrooms | 136 | 137 | +0.7% |
44 Bedrooms | 67 | 69 | +3.0% |
55+ Bedrooms | 18 | 18 | 0.0% |
Summary: Palm River-Gibsonton housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +5.1%. The inventory for 3 bedroom homes increased by +0.7%. The inventory for 4 bedroom homes increased by +3.0%. 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 Price8 Homes
At Asking Price9 Homes
Under Asking Price20 Homes
If you're buying a home in Palm River-Gibsonton, you may be able to get a good deal. 54.1% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Palm River-Gibsonton in January 2025, down by 37.3% month-over-month. Of the 37 sold homes, 54% were sold under asking, 24% were sold at asking, and and 22% 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 Days13 Homes
30 – 90 Days13 Homes
Over 90 Days11 Homes
Many homes in Palm River-Gibsonton are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 37 homes were sold in Palm River-Gibsonton; 35% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
62 DaysThis YearJan 2025 | ||
41 Days1 year agoJan 2024 | +50.9 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Palm River-Gibsonton had an average listing age of 62 days in Jan 2025, up by 50.9% 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?
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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 02/01/2023 - 02/01/2025
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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.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 2:20:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 2:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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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: 2/20/2025, 2:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.