Kings Lake Ph 3
Homes for Sale in Gibsonton, FL

Community in Gibsonton · Hillsborough County
287 homesBuilt 2001–2018Median sale $350K
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Built fromLive Stellar MLS data16 years of closingsFL DOR public recordsUpdated twice daily
Live · Kings Lake Ph 3 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$350K
Median sold · 12 mo
$163/sf
Sold $/sqft · 12 mo
peak $199 in 2024
90.0%
Sale vs ask
Hillsborough median: 95.9%
Tempo
105days
Median DOM · closed
6 days at the 2022 low
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
51%
Owner-occupied · Kings Lake Ph 3
146 of 287 parcels homesteaded (FL DOR 2025)
49%
Non-owner-occupied · Kings Lake Ph 3
incl. 21% trust or LLC-held · 28% out-of-state
0%
Cash buyers · Kings Lake Ph 3
0 of 3 sales, 12 mo ending June 2026
287
Homes in the community
287 residential parcels (FL DOR 2025)
Track record · 16 years of records
Est. 2001
Community established
homes built 2001-2018, median 2003 (FL DOR 2025)
0
Failed listings · 2025
peaked at 8 in 2010
1,874sqft
Median sold home size
12-mo windows, closed sales
1.0%/yr
Turnover rate
about 3 of 287 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Kings Lake Ph 3 is a roughly 287-home community in Gibsonton, built between 2001 and 2018 with the bulk of it dating to the early 2000s. With a median around 2,059 square feet and a median price of $350,000, this is a market where price is driven far more by condition and updates than by square footage. At a median of about $163 per square foot, the spread comes down to what has been touched inside a two-decade-old floor plan and what hasn't.

The current posture favors patience. A median of 105 days on market is long by any measure, so sellers should expect to sit and price to condition from day one rather than chase the market down. For buyers, that same number is leverage — there is time to inspect, negotiate, and walk away, and offers that account for deferred maintenance have room to land.

The 60-Second Overview

Kings Lake Ph 3 market snapshot (as of July 13, 2026): the median sale price is about $350K ($163 per sq ft over the trailing 12 months of closed sales), and a median 105 days on market for closed sales.

Kings Lake Ph 3 is a community of 287 homes in Gibsonton, Hillsborough County, built between 2001 and 2018 (median 2003.0), with a median living area of about 2,060 square feet. 51% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is an established, mostly early-2000s subdivision where the homes are old enough that renovation status separates one listing from the next. Roughly half of the homes carry a homestead exemption, which points to a mix of long-term occupants and non-owner-occupied properties.

Best for

  • Buyers targeting roughly 2,000 square feet around the $350,000 mark who value an established setting over new construction
  • Buyers with time and budget to update an early-2000s home and capture the condition premium themselves
  • Patient shoppers who can use a slow market to inspect thoroughly and negotiate on price

Probably not for

  • Sellers who need a quick exit and can't sit through a long absorption window
  • Buyers who want turnkey new construction and no maintenance questions
  • Anyone without the budget contingency to handle roof or HVAC replacement on a two-decade-old home

Windows contain 0 to 8 sales each (3 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.

Every sale since 2010 · price vs size
$0$200K$400K2k2k2k3k
33 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
025820122014201620182020202220242026
0 to 8 a year; 3 in the current window.
Sellers who gave up · failed listings per year
02582010201220142020202220242025
Canceled, expired, or withdrawn. 8 quit in 2010; 0 so far in 2025. The clearest stress gauge a community has.

If we were buying in Kings Lake Ph 3 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 Kings Lake Ph 3.

Best Buy
Buyers who want established space and are willing to weigh a home on its condition, not its listing date.
Biggest Risk
Early-2000s stock means deferred maintenance — roof, HVAC, and systems — can hide behind cosmetics.
Sweet Spot
An updated home near the median that has cleared the big-ticket repairs.
Avoid If
You need to sell fast or you have no appetite for renovation work.

A condition-driven market with time on the clock

The construction window here runs from 2001 to 2018, but the median year built of 2003 tells you most of the inventory is on the older end of that range. At roughly two decades in, the practical questions are the ones that move price: roof age, HVAC, and whether kitchens and baths have been updated. Two homes of similar size can justify very different numbers based on that alone, which is why the median matters more as a reference point than as a target.

A homestead share near 51% means the community is split fairly evenly between owner-occupied and other-held homes. That mix, combined with a 105-day median time on market, tells you inventory can linger and that pricing discipline is essential. Buyers should read a long days-on-market number as room to negotiate; sellers should read it as a signal to prepare the home and price it honestly before listing.

The location and the amenities are priced into every listing in Kings Lake Ph 3. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market this condition-sensitive with a long absorption clock, the value we add is a clear-eyed read on what a specific home is actually worth against the median — not the wishful number. We help sellers spend renovation dollars where they return, and we help buyers price deferred maintenance into an offer rather than inheriting it at closing.

Kings Lake Ph 3 in 15 seconds.

Best forBuyers who want established space and are willing to weigh a home on its condition, not its listing date.
Biggest advantageA long days-on-market number gives buyers negotiating room that faster markets don't.
Biggest riskEarly-2000s stock means deferred maintenance — roof, HVAC, and systems — can hide behind cosmetics.
Sweet spotAn updated home near the median that has cleared the big-ticket repairs.
Avoid ifYou need to sell fast or you have no appetite for renovation work.

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 Kings Lake Ph 3 sales matched to your home.

What is your Kings Lake Ph 3 home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Kings Lake Ph 3?
The median sale price in Kings Lake Ph 3 was $350K over the 12 months ending July 13, 2026 (3 closed sales, Stellar MLS).
How long do homes in Kings Lake Ph 3 take to sell?
Homes that closed in the 12 months ending July 13, 2026 took a median 105 days on market (3 sales, Stellar MLS).
How many homes are in Kings Lake Ph 3?
The Florida DOR 2025 assessment roll shows 287 homes in Kings Lake Ph 3 (public records).
What share of Kings Lake Ph 3 is owner-occupied?
51% of Kings Lake Ph 3 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Kings Lake Ph 3 built?
Homes in Kings Lake Ph 3 were built between 2001 and 2018, with a median year built of 2003.0 (FL DOR 2025 roll).
Do cash buyers compete in Kings Lake Ph 3?
Cash buyers took 0% of Kings Lake Ph 3 sales in the 12 months ending June 2026 (0 of 3 closings, Stellar MLS).
Who is the best real estate agent for Kings Lake Ph 3?
The best agent for Kings Lake Ph 3 is one who actively works Gibsonton 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 Kings Lake Ph 3.
How do I find a top Gibsonton real estate agent who knows Kings Lake Ph 3?
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 Kings Lake Ph 3 and the wider Gibsonton area.
Can Momentum Realty connect me with an agent for Kings Lake Ph 3?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Kings Lake Ph 3 purchase or sale - no call center and no pressure.
Buyers targeting roughly 2,000 square feet around the $350,000 mark who value an established setting over new constructionExcellent fit
Buyers with time and budget to update an early-2000s home and capture the condition premium themselvesExcellent fit
Patient shoppers who can use a slow market to inspect thoroughly and negotiate on priceExcellent fit
Sellers who need a quick exit and can't sit through a long absorption windowProbably not
Buyers who want turnkey new construction and no maintenance questionsProbably not
Anyone without the budget contingency to handle roof or HVAC replacement on a two-decade-old homeProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 13, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 33534))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2010 (33 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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