Lutz, FL Home Values & Market Trends

Real estate market trends reflect that there have been 1,087 transactions over the past year in Lutz. The median value for residential home transactions that occurred over the previous year is $496,350.97. The number of current listings in Lutz is 124, and the percentage of properties for sale in the city is 124.00%. Lutz, FL currently has 162 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 124 properties for sale.

Lutz, FL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
33558

$ 567,450

$ 244/sqft

33559

$ 515,897

$ 256/sqft

33549

$ 584,000

$ 243/sqft

33548

$ 779,950

$ 256/sqft

Housing Market Summary for Lutz, FL

Apr 2023March 2024Change
Median Listing Price$467K$473.6K1.42%
Median Sold Price$457.4K$473.6K3.56%
Homes For Sale10012424.00%
Homes Sold674574-14.84%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lutz, FL

Lutz home values range from $29,917 to $30,367,544. The median estimated value of a home in Lutz is $496,350.97. The median list price of a home is 499,999.5, and the total count of properties in the city is 23,307.

Foreclosure
There are 4 zips within Lutz, FL; within these zips, the median estimated home value for homes in foreclosure ranges from $1,259,437 in 33558 to the lowest value of $125,905 in 33558. Foreclosure homes account for 0.00% of properties in Lutz, FL with 33559 containing 54 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.68% of all residential properties in Lutz, FL with 33558 containing 54 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Lutz, FL; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,579,821 in 33549 to the lowest home value of $125,905 in 33558.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lutz, FL ranges from the highest value of $0 in 33548 to the lowest value of $0 in 33558. Bank owned homes and properties account for 0.00% of properties in Lutz, FL. There are 4 zips within Lutz, FL; 33548 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    33548 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Lutz, FL. Auction homes and other auction properties account for 0.01% of all properties in Lutz, FL. There are 4 zips within Lutz, FL; of those zips, the median estimated home value for homes going to auction ranges from $231,644 in 33559 to the lowest value of $231,644 in 33559.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.53% of residential properties in Lutz, FL with 33558 containing 64 homes for sale, the highest number of listed properties in a single zip. There are 4 zips within Lutz, FL; homes for sale in those zips, have a range of median values from $1,478,939 in 33548 to the lowest value of $168,342 in 33558.
    Sold Homes
    The median value for recently sold homes ranges from $1,600,000 in 33548 to the lowest price of $37,144 in 33548. There are 4 zips within Lutz, FL. 33558 has 241 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.45% of properties in Lutz, FL.

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      Guide for Lutz, FL

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      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.

      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.