Lutz, FL 33548 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Key Findings

1. The primary market signal is the median sold price $716,000, which indicates current market value based on completed transactions and suggests sellers are achieving above-asking outcomes relative to the median listing price $650,000; positive price realization may reflect localized buyer willingness to pay a premium in recent sales.
2. Despite that premium, the median days on market 362 signals materially slower sales velocity and may indicate pricing friction or longer negotiation timelines rather than rapid turnover; slower transaction velocity suggests patience is required for listings to convert.
3. Price momentum appears steady: the price year-over-year trend flat and the market temperature neutral together suggest a balanced market without directional acceleration or sharp cooling; stable conditions favor neither aggressive seller nor buyer advantage.
4. Market-level rent and cost context is muted: the median market rent $3,700 alongside a median price per square foot 261 and a rent year-over-year trend flat imply limited near-term upside from rental growth, while interest rate pressure moderate is a caution that financing costs may constrain some buyer segments; limited rental-driven upside recommends conservative underwriting for investor buyers.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.