Lake Ellen Grove Homes for Sale: Median $422K

Lake Ellen Grove
Homes for Sale in Tampa, FL

All 3,753 homes for sale in Tampa, FL · median $435,520 · 93 homes for sale in 33618 · Hillsborough County homes for sale

Community in Tampa · Hillsborough County · ZIP 33618
86 homesBuilt 1960–1974Median sale $422K
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Photo via Stellar MLS

Built fromLive Stellar MLS data17 years of closingsFL DOR public recordsUpdated twice daily

Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $422,500, $239 per square foot, a median 5 days on market, sellers accepting 103% of original asking. Homes listed or recently sold were built 1969–1970; none of the 5 geocoded homes sit in a FEMA special flood hazard zone (median elevation 54 ft). At the median price and Hillsborough County's FY2025-26 rate of 15.73 mills, annual property tax runs about $6,650 ($6,020 with the full homestead exemption).

Live · Lake Ellen Grove Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$422K
Median sold · 12 mo
$239/sf
Sold $/sqft · 12 mo
peak $239 in 2026
103.0%
Sale vs ask
Tempo
6days
Median DOM · closed
6 days at the 2026 low
0 · 0
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
86%
Owner-occupied · Lake Ellen Grove
74 of 86 parcels homesteaded (FL DOR 2025)
14%
Non-owner-occupied · Lake Ellen Grove
incl. 5% trust or LLC-held · 4% out-of-state
86
Homes in the community
86 residential parcels (FL DOR 2025)
Track record · 17 years of records
3
Recorded sales · 2024-2025
median $470K · qualified sales on the county roll (FL DOR 2025)
Est. 1960
Community established
homes built 1960-1974, median 1970 (FL DOR 2025)
1,838sqft
Median sold home size
12-mo windows, closed sales
4.7%/yr
Turnover rate
about 4 of 86 homes trade a year
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 13, 2026

Lake Ellen Grove is a small, established pocket in Tampa — 77 homes, all built between 1960 and 1972, with a median just over 2,000 square feet. At a $422,500 median and roughly $239 per square foot, price here is driven far more by condition and updates than by location premiums or new construction. Two homes of similar size can sit well apart on price depending on whether the systems, kitchens, and baths have been touched since the original build era.

The market posture is fast. Median days on market is just over 5, which tells you well-prepared, sensibly priced listings are moving quickly. For sellers, that rewards getting the condition and pricing right before you go live. For buyers, it means you need financing and inspection logistics ready before you tour — hesitation costs you the house in a window this tight. Keep in mind the recent sample is thin at 4 closings, so treat these figures as a snapshot, not a deep statistical trend.

Figures in this note are as of July 13, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Nearby homes for sale

No active listings inside Lake Ellen GroveHomes for Sale in Tampa, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

12870 N ARMENIA AVENUE
$1.15M · 0.2 mi away
4 bd · 3 ba · 3,150 sqft
12870 N ARMENIA AVENUE
Listed by REAL BROKER, LLC
12721 N ARMENIA AVENUE
$594K · 0.2 mi away
3 bd · 2 ba · 1,905 sqft
12721 N ARMENIA AVENUE
Listed by FUTURE HOME REALTY INC
2535 LAKE ELLEN DRIVE
$585K · 0.3 mi away
4 bd · 2 ba · 2,771 sqft
2535 LAKE ELLEN DRIVE
Listed by THE TONI EVERETT COMPANY
2521 LAKE ELLEN DRIVE
$1.35M · 0.4 mi away
5 bd · 3.5 ba · 3,980 sqft
2521 LAKE ELLEN DRIVE
Listed by COASTAL PROPERTIES GROUP INTERNATIONAL
13133 GREENGAGE LANE
$565K · 0.4 mi away
3 bd · 2.5 ba · 2,174 sqft
13133 GREENGAGE LANE
Listed by COASTAL PROPERTIES GROUP INTERNATIONAL
13204 LAKE MAGDALENE BOULEVARD
$1M · 0.4 mi away
5 bd · 4 ba · 3,273 sqft
13204 LAKE MAGDALENE BOULEVARD
Listed by YOU FIRST REALTY AND ASSOC LLC

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Lake Ellen Grove market snapshot (as of September 20, 2026): the median sale price is about $422K ($239 per sq ft over the trailing 12 months of closed sales), and a median 6 days on market for closed sales.

In ZIP 33618 (Tampa), 316 homes closed in the last 12 months at a median of $495K ($256/sq ft), down 1.6% year over year, with a median 32 days on market. Right now 39 active and 11 pending listings put supply at about 3.1 months — a balanced market. See the live ZIP 33618 housing market and the Hillsborough County market.

County records show 3 qualified sales in Lake Ellen Grove across 2024–2025 (1 in 2024, 2 in 2025), median $470,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Lake Ellen Grove is a community of 86 homes in Tampa, Hillsborough County, built between 1960 and 1974 (median 1970.0), with a median living area of about 2,047 square feet. 86% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

A compact subdivision of mid-century Tampa homes where nearly all properties are owner-occupied, sitting on generous mid-century lot layouts rather than dense infill parcels. The near-universal homestead share signals a hold-and-live community rather than an investor churn.

Best for

  • Buyers around the mid-$400s who want an established, mostly owner-occupied enclave and can decide quickly
  • Renovation-minded buyers willing to take an original-condition home and fund updates themselves
  • Long-hold owner-occupants who value a slow-turnover neighborhood over transactional inventory

Probably not for

  • Buyers who require new or recently built construction and modern floor plans
  • Investors chasing quick flips or short-hold turnover in a near-90%-homestead community
  • Anyone needing a leisurely search timeline in a market clearing in just over 5 days

Windows contain 0 to 5 sales each (4 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 2009 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 5 a year; 4 in the current window.
How much local inventory is already under contract

25% of homes for sale in ZIP 33618 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-20).

Lake Ellen Grove Market Scorecard

Balanced

Lake Ellen Grove is currently a balanced market..

$422,500
Median sold
0/0/5
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Listing locations from Stellar MLS. Map data © OpenStreetMap contributors.

If we were buying in Lake Ellen Grove 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 Lake Ellen Grove.

Best Buy
Buyers who want an established, owner-occupied Tampa pocket and can act fast.
Biggest Risk
A thin recent sample means the numbers move on a single sale.
Sweet Spot
An updated home near the ~$422,500 median where the renovation work is already done.
Avoid If
You need move-in-new construction or a hands-off timeline.

Condition is the price

With every home dating to the 1960 to 1972 stretch and a median build year of 1970, you are buying into original bones. The spread you'll see in asking prices tracks renovation status more than square footage: a house with updated systems and finishes will command real premium over a comparable-sized original, and the median masks that gap. Budget for the difference either way — you're paying for updates upfront or funding them yourself later.

The homestead share sits near 90%, which is high. That points to a neighborhood held by long-term owner-occupants rather than short-hold investors, so inventory tends to be limited and turnover slow relative to newer, more transactional Tampa subdivisions. When a well-maintained home does list, expect competition given how few come available and how quickly they've been clearing.

“

The location and the amenities are priced into every listing in Lake Ellen Grove. 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 77-home community with a handful of closings in the recent window and a median days on market of just over 5, the difference between a good outcome and a missed one is preparation and read. We price to condition — not to a blanket per-foot average that ignores what the last owner did or didn't update — and we get buyers positioned to move before a listing goes stale, because here it won't stay available long.

Lake Ellen Grove in 15 seconds.

Best forBuyers who want an established, owner-occupied Tampa pocket and can act fast.
Biggest advantageMid-century homes on established lots with strong long-term ownership.
Biggest riskA thin recent sample means the numbers move on a single sale.
Sweet spotAn updated home near the ~$422,500 median where the renovation work is already done.
Avoid ifYou need move-in-new construction or a hands-off timeline.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Lake Ellen Grove homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Lake Ellen Grove.
In short
  • HOA status not on record. Verify any dues before you offer
  • 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 Lake Ellen Grove sales matched to your home.

What is your Lake Ellen Grove home worth?

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

See all homes for sale in Tampa →

Real comps, not an automated estimate.
Lake Ellen Grove key facts
LocationTampa, Hillsborough County, FL · ZIP 33618
Homes in the community86 (FL DOR 2025 assessment roll)
Years built1960–1974 (median 1970.0)
Typical living area2,047 sq ft (median)
Home types (current listings and sales)single-family 100%
Sale prices, last 12 months$422,500 median across 4 closed sales · $239 per sq ft
Days on market (closed sales)5 median
For sale right now0 active, 0 pending
Owner-occupied (homestead) share86%

Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2009 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Lake Ellen Grove key facts,” movewithmomentum.com/neighborhoods/lake-ellen-grove-sub, data as of September 20, 2026.

Housing distress & ownership in Lake Ellen Grove Sub, Tampa

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 1 listings
Distress share trend — 0.0% now (2026-09-13 → 2026-09-22)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.

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Recent Developments in Lake Ellen Grove Sub

Development, infrastructure, retail, and school activity affecting Lake Ellen Grove Sub, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.

  1. August 2026
    Development

    AECOM Hunt selected as construction manager for proposed $2.3 billion Rays ballpark in Tampa

    AECOM Hunt joined the design team led by Populous for the proposed ballpark on a site that includes Hillsborough College property. The stadium would have at least 28,000 fixed seats, with a construction start targeted for September 2026 and completion by late 2028. Tampa's public contribution is up to $80 million and financing is not finalized.

    What it may mean for the marketA large ballpark and surrounding mixed-use district would add construction jobs, event traffic and retail demand on the Dale Mabry corridor. The site is less than a mile south of Lake Ellen Grove Sub.

    Source: Tampa Bay Business and Wealth
  2. August 2026
    Infrastructure

    Four firms vie to build Tampa International Airport's $150 million control tower

    TPA narrowed the field to four builders for a new blast-resistant air traffic control tower on about 2 acres northwest of the main terminal. The budget is about $150 million, with board selection expected Oct. 1 and substantial completion targeted for March 2029.

    What it may mean for the marketAirport capital spending supports construction employment and long-term air service capacity for the region. The site is about 3 miles southwest of Lake Ellen Grove Sub.

    Source: Tampa Bay Business and Wealth
  3. August 2026
    Development

    ONE Tampa condo tower tops out at 42 stories with nearly 70% of units sold

    Kolter Urban's 42-story tower at North Ashley Drive and East Twiggs Street has 225 residences and is capped at 649 feet by aviation limits. Closings are expected to begin in the third quarter of 2027. About 5,000 square feet of ground-floor restaurant space is planned.

    What it may mean for the marketNew downtown condo inventory and ground-floor dining add housing choices and walkable amenities near Curtis Hixon Waterfront Park. The site is about 4 miles southeast of Lake Ellen Grove Sub.

    Source: Tampa Bay Business and Wealth
  4. July 2026
    Development

    33-story tower planned for Water Street Tampa expansion

    Strategic Property Partners plans a 33-story mixed use tower at Water Street and Cumberland Avenue in downtown Tampa on a 1.9-acre site. The building would hold 452 residential units ranging from studios to three bedrooms plus about 37,000 square feet of retail and 645 parking spaces. Construction is scheduled to begin in spring 2027 with completion targeted for 2029.

    What it may mean for the marketAdds a 33 story tower with 452 residential units and ground floor retail to the downtown Tampa market, continuing the buildout of the Water Street district and expanding high rise housing supply. The project is about 5 miles southeast of Lake Ellen Grove Sub, elsewhere in Hillsborough County.

    Source: Florida YIMBY
  5. July 2026
    Development

    Mercy Oaks II affordable apartments open on North Florida Avenue

    Catholic Charities, with the City of Tampa and Hillsborough County, completed Mercy Oaks II, a 17-unit affordable apartment building on North Florida Avenue in East Tampa built on the site of a former strip mall. The project includes 15 one-bedroom and two two-bedroom units, with seven units serving households up to 80 percent of area median income and ten up to 50 percent. It was supported by 1.25 million dollars in state SHIP funds from the city and sits next to the 20-unit Mercy Oaks I completed in 2022.

    What it may mean for the marketAdds 17 income restricted apartments on a former strip mall site, expanding the affordable rental supply and converting vacant commercial land to housing. The project is about 3 miles east of Lake Ellen Grove Sub, elsewhere in Hillsborough County.

    Source: City of Tampa
  6. July 2026
    Builder Activity

    First 3D-printed affordable home nears completion in East Tampa

    The nonprofit Corporation to Develop Communities of Tampa is completing Tampa's first 3D-printed affordable home on Lurline Circle in East Tampa, using a gantry-style printer that layers concrete for the walls. The house is expected to be finished within weeks and listed for sale in about two months, with down payment assistance and first time homebuyer programs available. The effort is part of a broader CDC initiative that includes more than 90 multifamily units in East Tampa.

    What it may mean for the marketIntroduces 3D concrete printing construction to the local for sale housing market, with a new single family home and additional multifamily units planned. The method signals a new building technique entering the area home supply. The project is about 6 miles east of Lake Ellen Grove Sub, elsewhere in Hillsborough County.

    Source: Bay News 9

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

Frequently Asked Questions

What is the median home price in Lake Ellen Grove?
The median sale price in Lake Ellen Grove was $422K over the 12 months ending September 20, 2026 (4 closed sales, Stellar MLS).
How long do homes in Lake Ellen Grove take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 6 days on market (4 sales, Stellar MLS).
How many homes are in Lake Ellen Grove?
The Florida DOR 2025 assessment roll shows 86 homes in Lake Ellen Grove (public records).
What share of Lake Ellen Grove is owner-occupied?
86% of Lake Ellen Grove parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Lake Ellen Grove built?
Homes in Lake Ellen Grove were built between 1960 and 1974, with a median year built of 1970.0 (FL DOR 2025 roll).
Who is the best real estate agent for Lake Ellen Grove?
The best agent for Lake Ellen Grove is one who actively works Tampa 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 Lake Ellen Grove.
How do I find a top Tampa real estate agent who knows Lake Ellen Grove?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Lake Ellen Grove and the wider Tampa area.
Can Momentum Realty connect me with an agent for Lake Ellen Grove?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Lake Ellen Grove purchase or sale - no call center and no pressure.
Where is Lake Ellen Grove, and what county is it in?
Lake Ellen Grove is in Tampa, Hillsborough County, FL, ZIP 33618. The community's center is about 6 miles north of the center of Tampa (straight-line).
Buyers around the mid-$400s who want an established, mostly owner-occupied enclave and can decide quicklyExcellent fit
Renovation-minded buyers willing to take an original-condition home and fund updates themselvesExcellent fit
Long-hold owner-occupants who value a slow-turnover neighborhood over transactional inventoryExcellent fit
Buyers who require new or recently built construction and modern floor plansProbably not
Investors chasing quick flips or short-hold turnover in a near-90%-homestead communityProbably not
Anyone needing a leisurely search timeline in a market clearing in just over 5 daysProbably not

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: October 19, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (4 streets, ZIP 33618))
Under-contract sharesStellar MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2009 (24 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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More on Lake Ellen Grove

Thinking of selling in Lake Ellen Grove Sub? 4 recorded closings; median 5 days on market (window ending 2026-09-20). See the Hillsborough County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Lake Ellen Grove with Momentum Realty’s local guides.

GGreenmoor0.1 mi away · 35 homes, built 1960–74LELake Ellen Estates0.2 mi away · median $461K, 6 sales/12 moLELaporte Estates0.3 mi awayLELake Ellen Shores0.3 mi away · 38 homes, built 1966–22TSTampa S North Side Country Club Area0.3 mi awayLake Magdalene Arms Estates Sc 10.3 mi away · median $500K, 6 sales/12 moLMLake Magdalene Arms Estates0.3 mi away · median $450K, 3 sales/12 mo

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