Stemper Terrace
Homes for Sale in Lutz, FL
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 2 closed sales in Stemper Terrace in Lutz, FL since 2021, the most recent in September 2026. Across Lutz as a whole, 318 homes closed in the last 12 months at a median of $475,000, 41 median days on market, with 72 homes for sale today. At that median and Hillsborough County's FY2025-26 rate of 15.73 mills, annual property tax runs about $7,470 ($6,850 with the full homestead exemption).
Stemper Terrace is a small, quiet plat in Lutz, and the current MLS picture on it is thin enough that we are not going to manufacture a price story that isn't there. There is no active or recent comp set surfacing in the feed with enough depth to call a median, a pace, or a typical condition profile with any confidence.
That absence is itself useful information. A community this small and this lightly traded is priced almost entirely on a home-by-home basis, driven by lot specifics, condition, and whatever comparable sales exist just outside the plat boundary in Lutz proper. Anyone buying or selling here should expect the appraisal and negotiation to lean on a wider Lutz comp pull rather than on activity inside the subdivision itself.
The 60-Second Overview
Stemper Terrace sits in Lutz, Hillsborough County, and current MLS listings show no identified community amenities, consistent with a small residential plat rather than a managed or amenitized subdivision.
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.
Who Stemper Terrace is best for.
Best for
- A buyer targeting a specific home in Lutz who values a quiet, small-plat setting over amenities
- A buyer comfortable having pricing built from nearby Lutz comps rather than in-community sales history
- A buyer prioritizing location within Hillsborough County over a homeowners-association amenity package
Probably not for
- A buyer who wants a documented, amenity-rich community with pool, clubhouse, or recreational facilities
- A buyer who wants to rely on a deep, community-specific sales history to set price expectations
- A buyer expecting HOA-managed common areas or shared maintenance as part of the purchase
The market around Stemper Terrace
Stemper Terrace is too small for its own price trend, so here is the market around it.
In ZIP 33548, 32 homes are on the market and 34% are under contract — a fast-moving corner of Lutz.
Across Hillsborough County, 6,274 homes are active and 1,939 pending (24% under contract).
ZIP and county figures describe the wider market, not Stemper Terrace specifically. Momentum Research analysis of MLS records.
Recent Developments in Stemper Terrace
Development, infrastructure, retail, and school activity affecting Stemper Terrace, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Development
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 15 miles south of Stemper Terrace, elsewhere in Hillsborough County.
Source: Florida YIMBY - July 2026Development
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 10 miles south of Stemper Terrace, elsewhere in Hillsborough County.
Source: City of Tampa - July 2026Builder 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 12 miles south of Stemper Terrace, elsewhere in Hillsborough County.
Source: Bay News 9 - April 2026Development
New mixed-use development planned on State Road 52 in central Pasco
A mixed-use development planned on State Road 52 in central Pasco County, next to Pilot Country Airport, would add 108 single-family homes, about 175,000 square feet of commercial and retail space, and a 120-room hotel, with completion expected around 2030.
What it may mean for the marketA new mixed-use community adds housing, retail, and lodging along the State Road 52 corridor in central Pasco, the kind of growth that can shape demand and pricing for nearby communities. The site is about 9 miles north of Stemper Terrace.
Source: Tampa Bay Times - January 2026Development
Moffitt Cancer Center opens flagship outpatient center at its new Speros FL campus in Pasco
Moffitt Cancer Center held the grand opening of its flagship outpatient cancer center in January 2026 at Speros FL, its large new campus on State Road 52 in Pasco County. The campus is planned as a long-term life sciences and medical hub expected to bring substantial employment to the area.
What it may mean for the marketA large new medical and life sciences campus is a long-term employment anchor for central Pasco, a structural demand driver for housing in the surrounding area. The site is about 10 miles northwest of Stemper Terrace.
Source: WUSF - January 2026Development
Flagship breaks ground on 46,000-square-foot Wiregrass Ranch Medical Pavilion in Wesley Chapel
Flagship Healthcare Properties broke ground in January 2026 on a 46,000-square-foot medical pavilion at Wiregrass Ranch in Wesley Chapel, adding outpatient medical space to the growing State Road 56 corridor.
What it may mean for the marketAdded outpatient medical space along the State Road 56 corridor deepens healthcare access and professional employment in Wesley Chapel, an amenity factor that can support nearby housing demand. The site is about 6 miles northeast of Stemper Terrace.
Source: HCO News
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.
The Stemper Terrace buying strategy.
If we were buying in Stemper Terrace today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Stemper Terrace.
A plat, not a package
There is no clubhouse, pool, or gated feature tied to this name in current listings, and no HOA-run amenity package showing up in the feed. That does not mean the location lacks access to things to do — it means the value here is not coming from a shared amenity line item the way it would in a larger planned community.
For a plat like this, the honest way to evaluate it is lot-by-lot: setback, lot size, age and condition of the structure, and proximity to the broader Lutz corridor for daily needs. Buyers should treat any given listing here as its own case rather than assume it inherits pricing behavior from a subdivision-wide amenity story.
The location and the amenities are priced into every listing in Stemper Terrace. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
When a community has this little standardized MLS history, the value of a broker is in pulling the right comps by hand — nearby Lutz sales, lot-level detail, and condition-adjusted pricing — rather than reading off a generic subdivision report. That is the work we do before we ever talk price with you.
Stemper Terrace in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Stemper Terrace buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Stemper Terrace sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Stemper Terrace, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Stemper Terrace home worth?
Get a no-obligation home value based on real comparable sales in Stemper Terrace, 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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Should you buy in Stemper Terrace?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Stemper Terrace with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: September 12, 2026) |
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2021 (2 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 local comps.
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See how Stemper Terrace fits the bigger picture — live prices, inventory, and Momentum Scores:
Stemper Terrace Market Scorecard
Stemper Terrace is currently a no active listings market. Limited supply, a median asking price of n/a.
Typical home value in the 33548 ZIP is $680,300, about 9.4% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.