Lutz, FL—33548
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lutz, FL
As of Oct '25, the median home price in Lutz, FL is $659,000, with a year-over-year change of -1.3%. This indicates that home prices in Lutz, FL are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $659,000 | -1.3% |
| Single Family | $658,000 | -1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $358,000 | -2.7% |
3 Bed | $512,000 | -2.5% |
4 Bed | $715,000 | -1.1% |
| 5 Bed | $984,000 | -1.0% |
% of Housing Stock
Rental Trends — Lutz, FL
As of July '25, Rentcast reports the average rent in Lutz, FL is $2,910, with a year-over-year rent change of -11.6%. Per bedroom, the median rent as of July '25 in Lutz, FL is studios: $3,000, 1-bedrooms: $1,620, 3-bedrooms: $3,740, 4-bedrooms: $2,750. The most common rental property sizes in Lutz, FL are 2-bedroom and 1-bedroom, accounting for 55.3% and 23.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,750 | $2,910 |
| Studio Rent | $3,000 | $3,000 |
| 1 Bed Rent | $1,680 | $1,620 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,480 | $3,740 |
| 4 Bed Rent | $2,750 | $2,750 |
% of Rental Stock
Property Listings — Lutz, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Lutz, FL is 102. This is a increase of 36.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $867,000 | 18.0% |
Listing Count | 36 | -22.0% |
| Listings as % of Homes | 0.9% | -22.0% |
Days on Market | 102 | 36.0% |
Demographics — Lutz, FL
As of the latest ACS Survey released in 2023, Lutz, FL has a population of 8,680, which has increased by 22.9% over the past 5 years. Lutz, FL is a popular place for families, as children make up 26.5% of the population. The area has a highly educated workforce, with 57.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,680 | 22.9% |
% Under 18 | 26.5% | 16.2% |
% Seniors | 15.6% | -4.9% |
% WFH | 28.0% | 154.5% |
% w/ College Degree | 57.2% | 19.9% |
As of the latest ACS Survey released in 2023, Lutz, FL is a predominantly white area, with 62.1% of the population identifying as white. The white population has shrunk by 20.4% in the last 5 years. The second most common race or ethnicity in Lutz, FL is hispanic, making up 16.2% of the population. Foreign-born residents account for 9.1% of the population in Lutz, FL, and this percentage has increased by 21.3% 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 | 62.1% | -20.4% |
% Black | 7.9% | 64.6% |
% Hispanic | 16.2% | 25.6% |
% Asian | 8.2% | 241.7% |
% Foreign Born | 9.1% | 21.3% |
Mortgage and Risk — Lutz, FL
According to HUD data as of 2023, there were 137 mortgage originations in Lutz, FL, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Lutz, FL. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 137 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Lutz, FL
Lutz, FL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $560 | $1,680 | $2,240 |
| 2 Bedroom | N/A | N/A | $2,630 |
| 3 Bedroom | $890 | $2,480 | $3,370 |
| 4 Bedroom | $1,350 | $2,750 | $4,100 |
Affordability — Lutz, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $659,000 |
| Median Household Income | $125,000 |