WATERGRASS
Homes for Sale in WESLEY CHAPEL, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
WATERGRASS right now
🟢 Buyer-leaning market. 6.4 months of supply and 31% of the inventory already under contract give buyers above-average negotiating leverage.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 August 2, 2026. Confidence: High (13 active and pending listings, 12 closed sales in 12 months).
🟡 Off the recent peak. The trailing-12-month median ($542K) is down 6.1% from the prior 12 months ($578K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Medium (12 and 6 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
WATERGRASS market snapshot (as of August 2, 2026): the median sale price is about $542K ($214 per sq ft over the trailing 12 months of closed sales), a median 29 days on market for closed sales, and 6.4 months of supply, a buyer-leaning market. The trailing-12-month median is down 6% from the prior 12 months, computed from record-level Stellar MLS closed sales (12 closings in the current window).
WATERGRASS is a community of 1,364 homes in WESLEY CHAPEL, Pasco County, built between 2006 and 2024 (median 2019), with a median living area of about 2,922 square feet. 83% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
The setting & the homes.
Aerial and on-site photos of WATERGRASS. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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WATERGRASSPrice History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($542K) IS the median in the snapshot above, and the move from 2025 ($578K) IS the -6.1% one-year change.
Windows contain 0 to 40 sales each (12 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2012 through 2026. Deemed reliable but not guaranteed.
Watergrass Market Scorecard
Watergrass is currently a balanced market. About 5.1 months of supply, a median asking price of $614,900, and homes go under contract in about 59 days.
Typical home value in the 33545 ZIP is $394,333, about 27.5% below 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.
Housing distress & ownership in WATERGRASS, WESLEY CHAPEL
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.
Homes For Sale Right Now in WATERGRASS
Live MLS inventory for WATERGRASS. 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 · 3 daysTop listing
Active · 46 days
Active · 2 days
Active · 147 days
Active · 33 days
Active · 400 days
Active · 1 days
Active · 15 days
Active · 138 days
Pending · 125 days
Pending · 0 days
Pending · 76 days
Pending · 22 daysActive and pending WATERGRASS listings as of 2026-08-20, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2012 through 2026. Tap any home to ask about it.
WATERGRASS on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.
Life at WATERGRASS
- Playground · reported on 22 of 22 listings
- Pool · reported on 22 of 22 listings
- Tennis Court(s) · reported on 22 of 22 listings
- Clubhouse · reported on 21 of 22 listings
- Fitness Center · reported on 21 of 22 listings
- Deed Restrictions · reported on 20 of 22 listings
- Dog Park · reported on 18 of 22 listings
- Park · reported on 18 of 22 listings
- Basketball Court · reported on 16 of 22 listings
- Irrigation-Reclaimed Water · reported on 16 of 22 listings
- Gated Community - No Guard · reported on 15 of 22 listings
- Fence Restrictions · reported on 11 of 22 listings
Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
Schools
- Pasco County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Watergrass Elementary-PO · Elementary
- Thomas E Weightman Middle-PO · Middle
- Wesley Chapel High-PO · High
Zoned schools reflect the assignments reported on recent WATERGRASS listings and can change; always confirm with Pasco County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any WATERGRASS address.
Recent Developments in Watergrass
Development, infrastructure, retail, and school activity affecting Watergrass, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Development
Pomelo Square mixed-use community advances in Wesley Chapel
Ryan Cos. and PulteGroup are advancing Pomelo Square, a mixed use development at the northeast corner of Old Pasco Road and Overpass Road in Wesley Chapel. Plans call for 415 residential units made up of 325 apartments and 90 townhomes, about 42,000 square feet of retail, and a hotel pad. Completion is targeted for the first quarter of 2028.
What it may mean for the marketAdds a mixed use community of apartments and townhomes with retail space and a hotel pad, expanding housing and commercial supply in a growing Pasco County corridor. The project is about 3 miles west of Watergrass, elsewhere in Pasco County.
Source: Florida YIMBY - 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 project is about 12 miles west of Watergrass, elsewhere in Pasco County.
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 project is about 16 miles west of Watergrass, elsewhere in Pasco County.
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 7 miles southwest of Watergrass.
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 WATERGRASS buying strategy.
If we were buying in WATERGRASS 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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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 WATERGRASS.
A closer look at the WATERGRASS market
At a median of $214 per square foot, WATERGRASS prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.
Inventory runs at 6.4 months of supply, a buyer-leaning market and the trailing-12-month median down 6% year over year. Homes that do trade take a median 29 days on market, useful leverage on any listing that has lingered.
The housing stock is 1,364 homes built between 2006 and 2024, and 83% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.
The location and the amenities are priced into every listing in WATERGRASS. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in WATERGRASS buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (5.7). Basis: Recent Direction -6.1% year-over-year; Liquidity & Demand 6.4 months of supply; Owner Commitment 83% owner-occupied; Pricing Power 94.9% sale-to-list. Refreshed with each data update.
HOA, CDD & Fees
- Mandatory HOA. Confirm current dues
- 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 WATERGRASS 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 WATERGRASS sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in WATERGRASS, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your WATERGRASS home worth?
Get a no-obligation home value based on real comparable sales in WATERGRASS, 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 homes for sale in WATERGRASS on the map →
Frequently Asked Questions
What is the median home price in WATERGRASS?
How long do homes in WATERGRASS take to sell?
Is WATERGRASS a buyer's or seller's market right now?
How many homes are in WATERGRASS?
What share of WATERGRASS is owner-occupied?
When were the homes in WATERGRASS built?
Do cash buyers compete in WATERGRASS?
Who is the best real estate agent for WATERGRASS?
How do I find a top WESLEY CHAPEL real estate agent who knows WATERGRASS?
Can Momentum Realty connect me with an agent for WATERGRASS?
Nearby Communities
Explore more neighborhoods near WATERGRASS with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: August 2, 2026) |
| Community market stats | Stellar MLS closed sales, 12-month windows ending August 2, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (33 streets, ZIP 33543/33544/33545)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2012 (136 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 your area comps.
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See how WATERGRASS fits the bigger picture — live prices, inventory, and Momentum Scores:
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