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

Housing Market Conditions



Gauge showing Lutz is a seller's market


Difference Since November 2022

Since last year, Lutz has remained a Seller's Market.

Key Takeaway

Lutz is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lutz, FL

How much do homes in Lutz, FL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Lutz have sold for 0.6% less than they did a year ago.

Summary: The median home sold price in Lutz was $478,346 in November 2023, down 0.6% from last year, and the median price per square foot was $238.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $122.2K$145.4K
2 $241K$269.5K
3 $395K$395.7K
4 $569.9K$615K
5+ $800K$915K

Summary: Lutz housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 18.9%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 14.4%.

Median Sold Price Compared To Nearby Cities

Keystone-Citrus Park
Land O Lakes

Housing Supply in Lutz, FL

How many homes are available in Lutz, FL?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Lutz real estate market had 271 homes for sale in November 2023, a 7.2% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 109
2 1318
3 119112
4 112102
5+ 3830

Summary: The Lutz housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 10%, 2 bedroom homes increased by 38.5%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes decreased by 21.1%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lutz, you may be able to get a good deal. 60.4% of homes here sold below asking price last month.

Summary: A total of 53 homes were sold or pending in Lutz in November 2023, down by 14.5% month-over-month. Of the 53 sold homes, 60% were sold under asking, 30% were sold at asking, and 9% were sold over asking.

Days on Market for Lutz, FL

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

Average Sale Time

Nov 2022Nov 2023CHANGE
31 Days48 Days+56.1%

Summary: Homes in Lutz had an average of 48 days on market in Nov 2023, up by 56.1% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2023, 53 homes were sold in Lutz; 51% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Lutz, FL

Nearby Markets to Lutz, FL

What housing markets are near Lutz, FL?