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Built fromLive Stellar MLS data10 years of closingsUpdated twice daily

As of November 2026, Tropical Lakes in Lutz, FL has 1 home for sale. Homes listed or recently sold were built 1956–2003.

Live · Tropical Lakes Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
6.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Hillsborough: 24% (1,939 of 8,213)
1 · 0
For sale · pending
live counts, refreshed twice daily
1
Sold · last 12 mo
10-yr average: about 1 a year
Tropical Lakes Housing Pulse · Momentum Research · as of September 12, 2026

Tropical Lakes right now

🟡 Balanced market. 6.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of September 12, 2026. Confidence: Low (1 active and pending listings, 1 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated November 6, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The market around Tropical Lakes

Tropical Lakes 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 Tropical Lakes specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Tropical Lakes

Live MLS inventory for Tropical Lakes. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Tropical Lakes listings as of 2026-09-19, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2016 through 2025. Tap any home to ask about it.

If we were buying in Tropical Lakes 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 Tropical Lakes.

A closer look at the Tropical Lakes market

Inventory runs at 6.0 months of supply, a balanced market.

“

The location and the amenities are priced into every listing in Tropical Lakes. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Tropical Lakes 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 Tropical Lakes.
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 Tropical Lakes sales matched to your home.

What is your Tropical Lakes home worth?

Get a no-obligation home value based on real comparable sales in Tropical Lakes, 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 Lutz →

Real comps, not an automated estimate.
Tropical Lakes key facts
LocationLutz, Hillsborough County, FL · ZIP 33548
Homes in the community58 (FL DOR 2025 assessment roll)
Years built1924–2018 (median 1983.0)
Typical living area2,279 sq ft (median)
For sale right now1 active, 0 pending · median asking $545,000 · 6.0 months of supply
Owner-occupied (homestead) share80%

Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2016 through 2025; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Tropical Lakes key facts,” movewithmomentum.com/neighborhoods/tropical-lakes, data as of September 20, 2026.

Every Home for Sale in Tropical Lakes Right Now (1)

All 1 active and pending Tropical Lakes listings with a detail page, newest first, refreshed twice a day from the MLS.

How much local inventory is already under contract

19% of homes for sale in ZIP 33548 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 (2026-11-03).

Tropical Lakes Market Scorecard

Buyer's market

Tropical Lakes is currently a buyer's market. About 6.0 months of supply, a median asking price of $545,000, and homes go under contract in about 17 days.

6.0
Months supply
$545,000
Median list
$422,500
Median sold
$312
Per sqft
17
Days on mkt
1/0/2
Active/Pend/Sold

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.

Email me new listings in Tropical Lakes

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Tropical Lakes

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Tropical Lakes will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

Recent Developments in Tropical Lakes

Development, infrastructure, retail, and school activity affecting Tropical Lakes, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.

  1. October 2026
    Infrastructure

    Temple Terrace council picks fourth speed hump over roundabout on Sunnyside Road

    On Oct. 20 the council unanimously rejected a $311,000 mini roundabout at Shadow Lane and a $550,000 T-intersection at Brentwood Drive. It chose a fourth speed hump and permanent replacements for three removable humps, about $25,000, between Bullard Parkway and South Riverhills Drive. The city had budgeted $500,000 and no construction date is set.

    What it may mean for the marketThe lower-cost option keeps Sunnyside Road's layout unchanged and leaves most of the budgeted funds unspent. The project is about 15 miles south of Tropical Lakes, elsewhere in Hillsborough County.

    Source: Tampa Bay Beacons
  2. October 2026
    Parks & Amenities

    Tampa begins public input on nearly 60 acre K-Bar Ranch park in New Tampa

    The city held its first public meeting Oct. 15 on an $8 million park of nearly 60 acres south of Mistflower Lane near the Pasco line. Residents favored paths, nature areas and flexible green space, and a multi-purpose field is proposed. Skanska is the design-builder with design estimated at 10 to 12 months.

    What it may mean for the marketThe planned park would add trails and open space for the northern New Tampa area, with design still under way. The project is about 7 miles southeast of Tropical Lakes, elsewhere in Hillsborough County.

    Source: Tampa Bay Beacons
  3. October 2026
    Retail & Dining

    Hobby Lobby coming to Carrollwood Commons on North Dale Mabry

    County records show a 49,106 square foot Hobby Lobby planned at Carrollwood Commons on North Dale Mabry Highway, with coming soon signs posted. No opening date has been announced and the company had not commented.

    What it may mean for the marketA large craft retailer would add a destination store to the Dale Mabry shopping corridor in northwest Tampa. The project is about 14 miles south of Tropical Lakes, elsewhere in Hillsborough County.

    Source: Tampa Bay Beacons
  4. April 2026
    Development

    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 3 miles northwest of Tropical Lakes.

    Source: Tampa Bay Times
  5. January 2026
    Development

    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 6 miles northwest of Tropical Lakes.

    Source: WUSF
  6. January 2026
    Development

    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 southeast of Tropical Lakes.

    Source: HCO News

Development alerts for Tropical LakesGet a short monthly email when something new is approved, funded, or opens near Tropical Lakes.

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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

Is Tropical Lakes a buyer's or seller's market right now?
As of September 12, 2026, Tropical Lakes is roughly balanced: 6.0 months of supply at the current sales pace (Stellar MLS live counts).
Who is the best real estate agent for Tropical Lakes?
The best agent for Tropical Lakes is one who actively works Lutz 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 Tropical Lakes.
How do I find a top Lutz real estate agent who knows Tropical Lakes?
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 Tropical Lakes and the wider Lutz area.
Can Momentum Realty connect me with an agent for Tropical Lakes?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Tropical Lakes purchase or sale - no call center and no pressure.
Where is Tropical Lakes, and what county is it in?
Tropical Lakes is in Lutz, Hillsborough County, FL, ZIP 33548. The community's center is about 4 miles south of the center of Lutz (straight-line).

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 19, 2026)
Under-contract sharesStellar MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2016 (9 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.

Own a home here?

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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. A Momentum agent can price yours against live local comps.

Looking to buy here? Search homes for sale →

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CallFree valuation →
Thinking of selling in Tropical Lakes? 1 recorded closings (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.

More Lutz (Pasco) & Tampa North / Pasco County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Tampa North / Pasco County or the full Neighborhood Finder.

Nearby Communities

Explore more neighborhoods near Tropical Lakes with Momentum Realty’s local guides.

WNWest North Tampa0.3 mi away · 85 homes, built 1918–21, 1 for saleEast North Tampa0.4 mi away · median $440K, 5 sales/12 moLCLake Cooper Woods0.5 mi away · 23 homes, built 1924–16EAEden Acres0.6 mi away · 31 homes, built 1955–00LBLake Brooker Village0.6 mi away · 12 homes, built 1992–99LKLake Kell Crossings0.7 mi away · 19 homes, built 1988–00

Browse all neighborhood guides →

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