Ivelmar Estates
Homes for Sale in Land O Lakes, FL

Community in Land O Lakes · Pasco County
142 homesBuilt 1935–2022Median sale $485K
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Live · Ivelmar Estates Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$485K
Median sold · 12 mo
down 40.1% vs the prior 12 months
-40.1%
1-yr price change
n = 5 and 3 sales in the two windows
$240/sf
Sold $/sqft · 12 mo
peak $331 in 2025
78.4%
Sale vs ask
Pasco median: 95.5%
Tempo
90days
Median DOM · closed
45 days at the 2025 low
5
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
80%
Owner-occupied · Ivelmar Estates
120 of 151 parcels homesteaded (FL DOR 2025)
20%
Non-owner-occupied · Ivelmar Estates
incl. 7% trust or LLC-held · 3% out-of-state
20%
Cash buyers · Ivelmar Estates
1 of 5 sales, 12 mo ending June 2026
142
Homes in the community
plus 9 vacant residential lots · 151 residential parcels (FL DOR 2025)
Track record · 21 years of records
Est. 1935
Community established
homes built 1935-2022, median 1985 (FL DOR 2025)
1
Failed listings · 2026
peaked at 5 in 2008
1,851sqft
Median sold home size
12-mo windows, closed sales
3.5%/yr
Turnover rate
about 5 of 142 homes trade a year
Built fromLive Stellar MLS data21 years of closingsFL DOR public recordsUpdated twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price in Ivelmar Estates is driven by condition and vintage, not a uniform product. With a build range spanning 1935 to 2022 and a median year built around the mid-1980s, you are buying into a mix of older and newer construction on a lot-by-lot basis. The median sits at $485,000 at roughly $240 per square foot on about 2,215 square feet, but that single figure hides a wide spread — what you pay tracks closely to how much updating a given house has already absorbed.

The current posture favors a patient buyer. Median days on market is around 90, and the year-over-year price figure is down sharply at -40.1%. That is a small sample — only five recent closings inform this snapshot — so read the drop as a signal that mix and timing move this number hard, not as a clean trend line. Sellers should price to condition and expect a longer marketing window; buyers have room to negotiate and time to underwrite carefully.

Ivelmar Estates Housing Pulse · Momentum Research · as of July 15, 2026

Ivelmar Estates right now

🔴 Off the recent peak. The trailing-12-month median ($485K) is down 40.1% from the prior 12 months ($810K). With about 2 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 15. Confidence: Low (5 and 3 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 15, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Ivelmar Estates Housing Pulse · Momentum Research · as of July 15, 2026

Ivelmar Estates right now

🔴 Off the recent peak. The trailing-12-month median ($485K) is down 40.1% from the prior 12 months ($810K). With about 2 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 15. Confidence: Low (5 and 3 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 15, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Ivelmar Estates market snapshot (as of July 15, 2026): the median sale price is about $485K ($240 per sq ft over the trailing 12 months of closed sales), and a median 90 days on market for closed sales. The trailing-12-month median is down 40% from the prior 12 months, computed from record-level Stellar MLS closed sales (5 closings in the current window).

Ivelmar Estates is a community of 142 homes in Land O Lakes, Pasco County, built between 1935 and 2022 (median 1984.5), with a median living area of about 2,215 square feet. 80% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Ivelmar Estates is a small, established pocket of Land O Lakes where nearly four in five homes carry a homestead exemption, signaling a largely owner-occupied, low-churn setting rather than a fast-turning subdivision.

Best for

  • Long-hold buyers comfortable owning in a low-turnover, largely owner-occupied setting
  • Buyers around the mid-$480s median who will price to a specific home's condition rather than a community average
  • Renovation-tolerant buyers who can evaluate older systems and add value through updates

Probably not for

  • Buyers who need to close fast and cannot absorb a roughly 90-day market pace
  • Buyers wanting uniform, newer construction with predictable comps
  • Anyone who wants a tight price range and a large pool of active listings to choose from

Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($485K) IS the median in the snapshot above, and the move from 2025 ($810K) IS the -40.1% one-year change.

Windows contain 0 to 5 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 5 a year; 5 in the current window.
Sellers who gave up · failed listings per year
0242004200820122016202020242026
Canceled, expired, or withdrawn. 5 quit in 2008; 1 so far in 2026. The clearest stress gauge a community has.

If we were buying in Ivelmar Estates today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Ivelmar Estates.

Best Buy
Buyers who want an established, low-turnover Land O Lakes pocket and will underwrite home-by-home.
Biggest Risk
A five-sale window and a wide vintage spread make the median a rough guide, not a firm target.
Sweet Spot
An updated home near the mid-$480s median where condition matches the price.
Avoid If
You need a quick, predictable transaction or uniform, move-in-ready product.

A vintage spread, not a uniform product

The defining feature here is heterogeneity. A build range from 1935 through 2022 means two houses a street apart can be generations of construction apart, with different systems, footprints, and renovation histories. The median living area near 2,215 square feet is a useful anchor, but it tells you little about any specific home — you are underwriting each property on its own condition, not on a community-wide standard.

The homestead share near 80% points to a stable, held-for-the-long-term inventory, which helps explain both the thin closing count and the extended days on market. Turnover is low, listings are limited, and the handful that do trade set the visible comps. That makes independent, property-level valuation more important here than in a subdivision of near-identical homes.

The location and the amenities are priced into every listing in Ivelmar Estates. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
2.6D · Buy Score
Recent Direction0.0/10
Owner Commitment8.0/10
Pricing Power0.0/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (2.6). Basis: Recent Direction -40.1% year-over-year; Owner Commitment 80% owner-occupied; Pricing Power 78.4% sale-to-list. Refreshed with each data update.

Why work with Momentum here

Thin closing volume and a wide vintage range make this a market where the median can mislead. We underwrite each home on its own condition and construction era, weigh the long days-on-market reality into pricing and offer strategy, and keep you from over-reading a five-sale sample in either direction.

Ivelmar Estates in 15 seconds.

Best forBuyers who want an established, low-turnover Land O Lakes pocket and will underwrite home-by-home.
Biggest advantageLonger marketing windows give buyers negotiating room and time to do real diligence.
Biggest riskA five-sale window and a wide vintage spread make the median a rough guide, not a firm target.
Sweet spotAn updated home near the mid-$480s median where condition matches the price.
Avoid ifYou need a quick, predictable transaction or uniform, move-in-ready product.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Ivelmar Estates sales matched to your home.

What is your Ivelmar Estates home worth?

Get a no-obligation home value based on real comparable sales in Ivelmar Estates, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Ivelmar Estates?
The median sale price in Ivelmar Estates was $485K over the 12 months ending July 15, 2026 (5 closed sales, Stellar MLS).
How long do homes in Ivelmar Estates take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 90 days on market (5 sales, Stellar MLS).
How many homes are in Ivelmar Estates?
The Florida DOR 2025 assessment roll shows 142 homes plus 9 vacant residential lots in Ivelmar Estates (public records).
What share of Ivelmar Estates is owner-occupied?
80% of Ivelmar Estates parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Ivelmar Estates built?
Homes in Ivelmar Estates were built between 1935 and 2022, with a median year built of 1984.5 (FL DOR 2025 roll).
Do cash buyers compete in Ivelmar Estates?
Cash buyers took 20% of Ivelmar Estates sales in the 12 months ending June 2026 (1 of 5 closings, Stellar MLS).
Who is the best real estate agent for Ivelmar Estates?
The best agent for Ivelmar Estates is one who actively works Land O Lakes and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Ivelmar Estates.
How do I find a top Land O Lakes real estate agent who knows Ivelmar Estates?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Ivelmar Estates and the wider Land O Lakes area.
Can Momentum Realty connect me with an agent for Ivelmar Estates?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Ivelmar Estates purchase or sale - no call center and no pressure.
Long-hold buyers comfortable owning in a low-turnover, largely owner-occupied settingExcellent fit
Buyers around the mid-$480s median who will price to a specific home's condition rather than a community averageExcellent fit
Renovation-tolerant buyers who can evaluate older systems and add value through updatesExcellent fit
Buyers who need to close fast and cannot absorb a roughly 90-day market paceProbably not
Buyers wanting uniform, newer construction with predictable compsProbably not
Anyone who wants a tight price range and a large pool of active listings to choose fromProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (6 streets, ZIP 34638/34639))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2005 (25 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Windows contain 0 to 5 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 5 a year; 5 in the current window.
Sellers who gave up · failed listings per year
0242004200820122016202020242026
Canceled, expired, or withdrawn. 5 quit in 2008; 1 so far in 2026. The clearest stress gauge a community has.

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (6 streets, ZIP 34638/34639))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2005 (25 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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