33549, Lutz, FL

The 33549 zip code of Lutz, FL is located in the Tampa Bay Area and has a population of about 113,000 people. The median home value in this zip code is $227,500 which is about $101/per square foot. There are a total of 4,848 homes in this zip code and the average home size is 2,711 square feet. The median price per square foot for all homes in this zip code is $107/per square foot.

Home equity plays an important role in many people's lives and can be used to finance other investments or to help pay down debt. Home equity can also be used to increase one's net worth by providing a cushion against unexpected financial setbacks. In general, home prices tend to rise over time as more people want to live in the same area and there are more homes available for sale. However, there are also times when home prices will decline due to a number of factors including economic conditions, changes in local zoning laws or regulations, or sudden increases or decreases in interest rates.

According to data from Zillow®, the median home value increased by 7% from January 2016 through January 2017 compared with the same period last year. This growth was driven largely by strong demand across all markets nationwide but especially within the Tampa Bay Area where prices rose 10%. Over the past twelve months (January 2017 through January 2018), Zillow reports that the median home value has increased by 3%. While it's too early to tell if this trend will continue into 2018, it's clear that there is strong demand for housing within Lutz and throughout Tampa Bay Area neighborhoods.