Varrea market snapshot (as of June 25, 2026): the median sale price is about $380K ($193 per sq ft), with homes averaging 33 days on market and 1.5 months of supply, a strong seller's market. Based on 141 recent closings in live Stellar MLS data.
Varrea, marketed as the Farm at Varrea, is a master-planned community in Plant City, Hillsborough County (ZIP 33565), on roughly 1,008 acres just off Midway Road north of I-4. The land was developed by Walton Global, with homes built by D.R. Horton; the community plan calls for about 1,940 homesites with single-family homes, twin villas, and townhomes (source: Plant City Observer, July 2023).
The first residents moved in during 2023, so Varrea is early in its build-out, with construction continuing and commercial uses, including an anticipated Publix, expected as more homes are occupied (source: Plant City Observer, July 2023). Because nearly every home is new or near-new, the spread between listings comes down to the homesite, the floor plan, and builder upgrades.
Varrea is governed by two Community Development Districts, Varrea South and Varrea North, so a CDD assessment rides on the annual tax bill in addition to an HOA. Confirm which district a specific home falls in and the exact CDD and HOA per parcel.
For buyers who want an affordable new home with resort amenities between Tampa and Lakeland, Varrea is a strong early-stage option. The work is reading the homesite, choosing the right product type, and budgeting the two-district CDD and HOA honestly.