Is Lutz, FL 33559 a buyer’s or seller’s market?
Lutz is a seller’s market. With about 2.8 months of supply and 25% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 63% of U.S. ZIP codes, and #2 of 796 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Lutz housing market right now
In the three months ending August 31, 2026, 25% of homes in Lutz, FL 33559 sold above their list price, the typical home went under contract in 30 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 54 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold more slowly (25 days then) and the median sale price fell 10% to $382,834. Overall, Lutz is more competitive than a year ago, so tougher for buyers.
Within Hillsborough County, homes here sell faster than in 88% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Lutz ranks #2 of 796 FL ZIP codes with enough sales (score 61 out of 100).
Nearby, buyers who want less competition could look at Tampa 33609 (1% sold over asking) or Tampa 33606 (4% sold over asking).
Run the numbers for 33559
Nearby markets
Apollo Beach 33572Balanced $217 /sq ftBrandon 33510Balanced $216 /sq ftBrandon 33511Balanced $209 /sq ftDover 33527Buyer’s market $238 /sq ft Browse all markets →Towns like Lutz nearby
Find towns like Lutz in other states →Where Lutz is
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Questions about Lutz real estate
Is Lutz a buyer’s or seller’s market?
A seller’s market: there were 2.8 months of supply in Lutz, FL 33559 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Lutz?
The typical home went under contract in 30 days in the latest three months.
Do homes in Lutz sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.
What are property taxes in Lutz?
About 0.81% of a home’s value a year in Hillsborough County, or roughly $3,240 on a $400,000 home.
What is the median home price in Lutz?
The median sale price was $382,834 in the three months ending August 31, 2026, about $234 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology