Wesley Chapel, FL—33544
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wesley Chapel, FL
As of Nov '25, the median home price in Wesley Chapel, FL is $420,000, with a year-over-year change of -4.0%. This indicates that home prices in Wesley Chapel, FL are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $420,000 | -4.0% |
| Single Family | $421,000 | -3.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $273,000 | -6.8% |
3 Bed | $341,000 | -5.3% |
4 Bed | $476,000 | -3.6% |
| 5 Bed | $633,920 | -4.0% |
% of Housing Stock
Rental Trends — Wesley Chapel, FL
As of July '25, Rentcast reports the average rent in Wesley Chapel, FL is $2,500, with a year-over-year rent change of -1.6%. Per bedroom, the median rent as of July '25 in Wesley Chapel, FL is studios: $1,550, 1-bedrooms: $1,750, 2-bedrooms: $2,020, 3-bedrooms: $2,290, 4-bedrooms: $2,750. The most common rental property sizes in Wesley Chapel, FL are 2-bedroom and 3-bedroom, accounting for 34.4% and 32.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,500 |
| Studio Rent | $1,550 | $1,550 |
| 1 Bed Rent | $1,750 | $1,750 |
| 2 Bed Rent | $1,750 | $2,020 |
| 3 Bed Rent | $2,300 | $2,290 |
| 4 Bed Rent | $2,680 | $2,750 |
% of Rental Stock
Property Listings — Wesley Chapel, FL
As of Nov '25, Realtor.com reports that the median days on market for a home in Wesley Chapel, FL is 86. This is a decrease of -6.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $465,000 | -1.0% |
Listing Count | 138 | 15.0% |
| Listings as % of Homes | 0.8% | 15.0% |
Days on Market | 86 | -6.0% |
Demographics — Wesley Chapel, FL
As of the latest ACS Survey released in 2023, Wesley Chapel, FL has a population of 28,600, which has increased by 3.6% over the past 5 years. Wesley Chapel, FL is a popular place for families, as children make up 25.3% of the population. The area has a moderately educated workforce, with 42.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,600 | 3.6% |
% Under 18 | 25.3% | -10.9% |
% Seniors | 13.4% | 24.1% |
% WFH | 22.6% | 101.8% |
% w/ College Degree | 42.1% | -0.2% |
As of the latest ACS Survey released in 2023, Wesley Chapel, FL is a predominantly white area, with 56.0% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in Wesley Chapel, FL is hispanic, making up 23.8% of the population. Foreign-born residents account for 15.2% of the population in Wesley Chapel, FL, and this percentage has increased by 2.0% 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 | 56.0% | -7.0% |
% Black | 9.2% | -3.2% |
% Hispanic | 23.8% | 12.8% |
% Asian | 4.9% | -19.7% |
% Foreign Born | 15.2% | 2.0% |
Mortgage and Risk — Wesley Chapel, FL
According to HUD data as of 2023, there were 450 mortgage originations in Wesley Chapel, FL, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Wesley Chapel, FL. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 450 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 15.0% |
Rentals and Section 8 — Wesley Chapel, FL
As of 2024, the percent of homes in Wesley Chapel, FL under the Section 8 program is 1.3%. 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 Wesley Chapel, 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 | 32 |
Total Units Section 8 | 32 |
% Rentals under Section 8 | 1.3% |
% Occupied Section 8 | 70.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $530 | $1,750 | $2,280 |
| 2 Bedroom | $920 | $1,750 | $2,670 |
| 3 Bedroom | $1,120 | $2,300 | $3,420 |
| 4 Bedroom | $1,480 | $2,680 | $4,160 |
Affordability — Wesley Chapel, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $420,000 |
| Median Household Income | $103,000 |