For Sale
For Rent

Find real estate listings

Find rental listings

Zolfo Springs Real Estate Market Facts

  • $58,900Median home price
    65% lower than Florida
  • $758Median rent asked
    27% lower than Florida
  • 68.0%Home owners
    5% higher than Florida
  • 4.8People per home
    82% higher than Florida
The above shows an overview of the real estate market in Zolfo Springs, FL. Note how the median home price for Zolfo Springs, FL runs $58,900, which is 65% lower than the average property price for Florida. So you’re going to get real estate in Zolfo Springs, FL that is on-average more affordable than what you’ll find in the rest of Florida. As for rent, the median for Zolfo Springs, FL runs $758, which is comparatively 27% lower than the average rent for Florida. For Zolfo Springs, FL, about 68.0% of the population consist of home owners with about 4.8 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Zolfo Springs, FL offers a wide variety of real estate. To find your perfect home in Zolfo Springs, FL, filter your choice by price, location, and number of beds and baths using the search area above.

Zolfo Springs Home Affordability

  • $58,900Median home price
    65% lower than Florida
  • $27,083Median home income
    45% lower than Florida
  • 2.2xHome price to income ratio
    36% lower than Florida
When deciding where to purchase Zolfo Springs, FL real estate, home affordability is one of the top deciding factors. One way that you can calculate the affordability of your next home is to use this formula: median home price to median household income ratio. In Zolfo Springs, FL the median home price is $58,900 and $27,083 is the median household income. As a result, the home price to income ratio in Zolfo Springs, FL is 2.2x, which is 36% lower than the Florida average. In order to determine the home affordability ratio, you would divide the median home price by the median home income. If you find that in Zolfo Springs, FL the home price to income ratio is lower than average, that means that in general, housing is more affordable. While there more than just one factor in deciding home affordability, you can use the home affordability calculator below as an additional tool when deciding how much you can and should pay for real estate in Zolfo Springs, FL.

Zolfo Springs Affordability Calculator

Include PMI
You can afford a home up to:
Debt-to-income ratio
Monthly income breakdown
  • Monthly income
  • Monthly payment
  • Debt payment
  • Income taxes
  • Remainder
When looking for real estate in Zolfo Springs, FL, finding one that won't strain your budget is imperative. That's when the home affordability calculator comes in handy. It allows you to calculate the cost of a property in Zolfo Springs, FL, not only by considering your income, but debts and down payment amounts as well. You can personalize the home affordability calculator even further by adding in additional factors like length of mortgage term, property taxes, home insurance costs, mortgage rate, and HOA dues. The calculator will come up with an estimated cost of home ownership and display an amount that would fit within your budget. Knowing this figure will help you find a home that you can afford in Zolfo Springs, FL and keep you from looking at places that are out of financial reach. Therefore, you can avoid disappointment and emotional attachment to homes you would not be able to afford. Additionally, this tool allows you to balance your budget because it also calculates the amount of money left over for savings and other expenses.

Zolfo Springs Mortgage Calculator

Your monthly payment will be:
Monthly payment breakdown
  • Monthly payment
  • Mortgage
  • PMI fees
  • Property tax
  • Home insurance
  • HOA dues
If I buy a real estate in Zolfo Springs, FL, what can I expect to pay monthly? There are a number of different factors that will go in to determining your monthly cost. While most people understand how significant the overall price of the house goes into determining the payment amount, it's also important to know that there are a variety of other variables to consider. These include things such as property taxes, private mortgage insurance (PMI), home owner's association dues, interest rate, and how much of a down payment has been made on the house. Understanding these is a great way to reduce overall payment. For example, you can reduce the private mortgage insurance by making a down payment of 20%. The mortgage calculator above will have all of these variables already filled out with default data, but you can customize it to give you a much more accurate reading. Generally speaking, you want to keep your debt to income ratio at about 36% when calculating your monthly house payment, which means paying no more than 36% of your monthly salary towards your housing and other debts.

Zolfo Springs Demographics

  • 2,059Population
  • 1,179People / sq mile
  • 26.1Median age
  • 0.9:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Ona, FL65$0100%
Fort Green Springs, FL390$9,99995%
Limestone, FL112$52,90071%
Wauchula, FL4,883$74,60060%
Bowling Green, FL2,897$75,90059%
Zolfo Springs, FL2,059$58,90068%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
River Heights, UT2,059$223,30021%
Catlin, IL2,059$99,50046%
Montz, LA2,059$225,00022%
Harrison, MI2,059$81,60056%
Waterford, NY2,059$159,00014%
Zolfo Springs, FL2,059$58,90068%
Source: The Zolfo Springs, FL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).
Are you looking to buy or sell?
What style of home are you
What is your
When are you looking to
ASAP1-3 mos.3-6 mos.6-9 mos.1 yr+
Connect with top real estate agents
By submitting this form, you consent to receive text messages, emails, and/or calls (may be recorded; and may be direct, autodialed or use pre-recorded/artificial voices even if on the Do Not Call list) from AreaVibes or our partner real estate professionals and their network of service providers, about your inquiry or the home purchase/rental process. Messaging and/or data rates may apply. Consent is not a requirement or condition to receive real estate services. You hereby further confirm that checking this box creates an electronic signature with the same effect as a handwritten signature.