Somerset Lakes
Homes for Sale in Largo, FL

A compact, owner-occupied enclave in Largo where homes cluster around a practical mid-size footprint and value is driven almost entirely by how much updating a given house has seen.

Stellar MLS sales records identify 278 homes in Somerset Lakes that have changed hands since 2004, built between 1980 and 2011 (median 1989), with a median living area of about 1,799 sq ft and a typical 3-bedroom, 2-bath layout; 69% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

County records show 3 qualified sales in Somerset Lakes across 2024–2024, median $435,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Somerset Lakes is too small for its own price trend, so here is the market around it.

In ZIP 33773, 70 homes are on the market and 21% are under contract — a steady corner of Largo.

Across Pinellas County, 6,539 homes are active and 1,627 pending (20% under contract).

In ZIP 33773 (Largo), 48 homes closed in the last 12 months at a median of $362K ($280/sq ft), down 10.9% year over year, with a median 45 days on market. Right now 24 active and 5 pending listings put supply at about 6.0 months — a buyer's market. See the live ZIP 33773 housing market and the Pinellas County market.

ZIP and county figures describe the wider market, not Somerset Lakes specifically. Momentum Research analysis of MLS records.

The 1957-to-1998 build range is unusually wide for 92 homes, and it tells you what to inspect. Earlier homes may carry original systems, roofs, and layouts; later ones lean toward more contemporary floor plans. Because the median living area sits near 1,681 square feet, you are largely comparing similar-sized homes in different states of repair, so a careful walkthrough of the roof, HVAC, and electrical will explain most of the difference between two otherwise comparable listings.

High homestead occupancy near 77 percent points to a stable street feel and limited inventory churn. That stability is a plus for a long-term buyer, but it also means good, updated listings can be scarce and can move on their own timeline. Anyone waiting for a wide selection should plan to be alerted the moment something fitting comes up rather than expecting a steady flow.

In a small, thinly-traded community like this, the value is in reading a specific home correctly. We help buyers separate cosmetic updates from structural ones and price accordingly, and we help sellers position condition honestly so the home clears at a fair number. With no recent closings to anchor to, we lean on comparable Largo and Pinellas activity rather than guesswork.