Lithia, FL—33547
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lithia, FL
As of Oct '25, the median home price in Lithia, FL is $517,000, with a year-over-year change of -3.3%. This indicates that home prices in Lithia, FL are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $517,000 | -3.3% |
| Single Family | $519,000 | -3.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $300,000 | -6.2% |
3 Bed | $393,000 | -4.4% |
4 Bed | $560,000 | -3.3% |
| 5 Bed | $722,000 | -3.1% |
% of Housing Stock
Rental Trends — Lithia, FL
As of July '25, Rentcast reports the average rent in Lithia, FL is $2,680, with a year-over-year rent change of -7.6%. Per bedroom, the median rent as of July '25 in Lithia, FL is 1-bedrooms: $1,050, 2-bedrooms: $1,950, 3-bedrooms: $2,440, 4-bedrooms: $2,870. The most common rental property sizes in Lithia, FL are 3-bedroom and 4-bedroom, accounting for 42.5% and 29.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,580 | $2,680 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,050 | $1,050 |
| 2 Bed Rent | $1,900 | $1,950 |
| 3 Bed Rent | $2,360 | $2,440 |
| 4 Bed Rent | $2,780 | $2,870 |
% of Rental Stock
Property Listings — Lithia, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Lithia, FL is 66. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $549,000 | -6.0% |
Listing Count | 175 | 13.0% |
| Listings as % of Homes | 1.4% | 13.0% |
Days on Market | 66 | -3.0% |
Demographics — Lithia, FL
As of the latest ACS Survey released in 2023, Lithia, FL has a population of 31,300, which has increased by 26.0% over the past 5 years. Lithia, FL is a popular place for families, as children make up 30.9% of the population. The area has a highly educated workforce, with 45.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,300 | 26.0% |
% Under 18 | 30.9% | -8.3% |
% Seniors | 12.0% | 20.0% |
% WFH | 21.6% | 122.7% |
% w/ College Degree | 45.9% | -13.7% |
As of the latest ACS Survey released in 2023, Lithia, FL is a predominantly white area, with 67.3% of the population identifying as white. The white population has shrunk by 10.6% in the last 5 years. The second most common race or ethnicity in Lithia, FL is hispanic, making up 14.7% of the population. Foreign-born residents account for 10.9% of the population in Lithia, FL, and this percentage has increased by 18.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 67.3% | -10.6% |
% Black | 6.6% | 34.7% |
% Hispanic | 14.7% | 15.7% |
% Asian | 4.6% | 0.0% |
% Foreign Born | 10.9% | 18.5% |
Mortgage and Risk — Lithia, FL
According to HUD data as of 2023, there were 54 mortgage originations in Lithia, FL, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Lithia, FL. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 54 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Lithia, FL
As of 2024, the percent of homes in Lithia, FL under the Section 8 program is 2.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Lithia, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 70 |
Total Units Section 8 | 70 |
% Rentals under Section 8 | 2.2% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,480 | $1,050 | $2,530 |
| 2 Bedroom | $1,070 | $1,900 | $2,970 |
| 3 Bedroom | $1,440 | $2,360 | $3,800 |
| 4 Bedroom | $1,840 | $2,780 | $4,620 |
Affordability — Lithia, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $517,000 |
| Median Household Income | $122,000 |