Elfers, FL housing market
Homes typically sell in 19 days, close to asking.
Home values, sales, trends and how Elfers compares with the towns next door — updated as new data is published.
Elfers at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Home prices up 64% in 5 years
The federal house price index for the ZIP codes around Elfers rose 64% over the past 5 years, faster than across Florida (60%). Last year prices fell 8.5%. Carrying the Census median home value forward with that index puts the typical Elfers home at roughly $387,000 today.
Show as a table
| Year | Change that year | Since 2000 | Florida since 2000 |
|---|---|---|---|
| 2025 | −8.5% | +283% | +264% |
| 2024 | +2.4% | +319% | +266% |
| 2023 | +7.5% | +309% | +254% |
| 2022 | +32% | +281% | +226% |
| 2021 | +24% | +189% | +163% |
| 2020 | +8.1% | +133% | +128% |
| 2019 | +7.7% | +115% | +117% |
| 2018 | +15% | +100% | +106% |
| 2017 | +15% | +74% | +90% |
| 2016 | +16% | +52% | +76% |
| 2015 | +9.4% | +31% | +61% |
| 2014 | +4% | +20% | +47% |
| 2013 | +9.2% | +15% | +34% |
| 2012 | −4.6% | +5.6% | +24% |
| 2011 | −13% | +11% | +26% |
| 2010 | −11% | +27% | +36% |
| 2009 | −18% | +43% | +50% |
| 2008 | −21% | +75% | +83% |
| 2007 | −7.8% | +120% | +117% |
| 2006 | +17% | +139% | +123% |
| 2005 | +30% | +104% | +92% |
| 2004 | +16% | +56% | +51% |
| 2003 | +9% | +34% | +30% |
| 2002 | +10% | +23% | +20% |
| 2001 | +12% | +12% | +9.7% |
| 2000 | — | — | — |
How Elfers ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 34652, 34690, 34653, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
Elfers and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Elfers | — | −8.5%† | $1,670 | — | $56,054 |
| New Port Richey | $288K | −1.3% | $1,670 | 98 | $47,606 |
| Holiday | $221K | −2% | $1,760 | — | $48,186 |
| Beacon Square | — | −6.6%† | $1,760 | — | $56,650 |
† FHFA price index change, where Zillow has no home value for the town.
3.6 years of income
The typical Elfers home costs about 3.6 years of the town's median household income, less than across Florida (5 years).
How Elfers ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,670
HUD's Fair Market Rent for a two-bedroom in Elfers is $1,670 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Elfers pay a median of $1,437, so moving in tends to cost more than staying put. A two-bedroom takes about 36% of the town's median household income, above the 30% guideline for affordable housing.
Studio $1,350 · 4 bedrooms $2,600
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (34652, 34653, 34690; Tampa-St. Petersburg-Clearwater, FL MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.