North Lakes
Homes for Sale in Tampa, FL

North Lakes market snapshot (as of August 2, 2026): the median sale price is about $515K ($256 per sq ft over the trailing 12 months of closed sales), and a median 14 days on market for closed sales. The trailing-12-month median is up 6% from the prior 12 months and up 636% since 2012, computed from record-level Stellar MLS closed sales (15 closings in the current window).

In ZIP 33548 (TAMPA), 137 homes closed in the last 12 months at a median of $495K ($251/sq ft), down 1.4% year over year, with a median 30 days on market. Right now 7 active and 4 pending listings put supply at about 2.5 months — a healthy market. See the live ZIP 33548 housing market and the Hillsborough County market.

North Lakes is a community of 1,119 homes in Tampa, Hillsborough County, built between 1978 and 2023 (median 1982.0), with a median living area of about 1,542 square feet. 74% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is a small, cohesive early-1980s neighborhood in northwest Tampa where homes cluster around 1,300 square feet, and a majority carry a homestead exemption — a sign of owner-occupied, held-onto property rather than heavy turnover.

About 65% of homes here carry a homestead exemption, which tells you this is largely an owner-occupied enclave rather than a rental-heavy one. That tends to hold inventory tight — turnover is limited, and when a home does list, it is often after years of ownership. Buyers should be ready to move on the right listing rather than wait for a wide selection to compare.

Because nearly all of these homes came out of the ground within a six-year span, they share the same era of construction and roughly the same footprint. That makes the update history the story. A home with a newer roof, replaced HVAC, and a modernized interior stands well apart from one still on original systems, and the price gap between the two can be wide. Bring an inspector's eye to roof age, plumbing, and electrical on anything that reads original.

In a small, low-turnover neighborhood like this, the comps that matter are few and the condition variance is high — so a generic price-per-foot estimate misleads more than it helps. We read each home on its actual updates and systems, price it against the handful of relevant sales, and tell you plainly when a listing is priced for its finishes rather than its bones.

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