Lutz Housing Market Report April 2025•Hillsborough County, Florida

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Housing Prices in Lutz, FL

How much do homes in Lutz, FL cost?

Housing Market Conditions

Is Lutz, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Lutz is a Neutral Market

Difference Since April 2024

At the same time last year, Lutz was a Seller's Market.

Insight

Lutz is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$520,561$243/SqFt
+$30,644
+6.3%

Based on all homes sold in the last 12 months

Insight

Homes in Lutz have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Lutz was $520,561 in April 2025, up 6.3% from last year, and the median price per square foot was $243.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Lutz
+6.3%
Tampa
+5.1%
Keystone-Citrus Park
+2.1%
Land O Lakes
-0.2%
Odessa
-0.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1$141.5K$145K
+2.5%
2$273.5K$280K
+2.4%
3$400K$405K
+1.3%
4$635K$613.4K
-3.4%
5$900K$769K
-14.6%

Summary: Lutz housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes increased by +2.5%. The home price for 2 bedroom homes increased by +2.4%. The home price for 3 bedroom homes increased by +1.3%. The home price for 4 bedroom homes decreased by -3.4%. The home price for 5 bedroom homes decreased by -14.6%.

How does Lutz, FL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Lutz, FL

Housing supply in Lutz, FL

How many homes are available in Lutz, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
388Last MonthApr 2025
3622 months agoMar 2025
+7.2 %
Change MoMMar – Apr

Summary: The Lutz real estate market had 388 homes for sale in Apr 2025, a 7.2 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
64Last MonthApr 2025
792 months agoMar 2025
-19.0 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
11815
-16.7%
22628
+7.7%
3141145
+2.8%
4126143
+13.5%
55157
+11.8%

Summary: Lutz housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -16.7%. The inventory for 2 bedroom homes increased by +7.7%. The inventory for 3 bedroom homes increased by +2.8%. The inventory for 4 bedroom homes increased by +13.5%. The inventory for 5 bedroom homes increased by +11.8%.

Asking Price vs. Sold Price

How much do homes in Lutz, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price7 Homes

At Asking Price16 Homes

Under Asking Price41 Homes

Insight

If you're buying a home in Lutz, you may be able to get a good deal. 64.1% of homes here sold below asking price last month.

Summary: A total of 64 homes were sold or pending in Lutz in April 2025, down by 19.0% month-over-month. Of the 64 sold homes, 64% were sold under asking, 25% were sold at asking, and and 11% were sold over asking.

Days on Market for Lutz, FL

How long does it take to sell a home in Lutz, FL?

Breakdown of Home Sale Times

Under 30 Days31 Homes

30 – 90 Days18 Homes

Over 90 Days15 Homes

Insight

Many homes in Lutz are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 64 homes were sold in Lutz; 48% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
52 DaysThis YearApr 2025
36 Days1 year agoApr 2024
+42.7 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Lutz had an average listing age of 52 days in Apr 2025, up by 42.7% compared to the previous year.

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Newest Listings in Lutz, FL

What homes are available in Lutz, FL?

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Based on information from Stellar MLS, Beaches MLS, and Hernando County Information Services MLS for the period 05/01/2023 - 05/01/2025

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
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Last updated on: 5/7/2025, 11:49:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/8/2025, 5:20:27 AM 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: 5/8/2025, 12:50:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.