Real Estate Market Update for Wesley Chapel, FL

Video: Real Estate Community Tour for Wesley Chapel, FL

See Real estate community tour for Wesley Chapel, FL
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 9% from one year earlier, and down 7% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 290-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 34%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 240-thousand dollars. The number of units sold increased 28% year-over-year, and increased 25% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Wesley Chapel, FL
Area Information for Wesley Chapel, FL
  • Population: 49,664
  • Median Age: 36.98 yr
  • Median Commute Time: 32 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 1,131/sq mi
  • Population Change Since 2000: 217.82%
  • Closest Airport: Tampa International
  • Closest College: Saint Leo University
  • Closest Jr. College: Pasco-hernando Comm College-east Campus
  • Median Household Income: $73,127
  • Annual Residential Turnover: 14%
  • Median Home Sales Price: $165,000
  • Closest Major Sports Team: Tampa Bay Buccaneers
  • Change Avg. Household Income Since 2000: 27.44%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Wesley Chapel, FL
Median Age: 36.98 Married: 46% Number of Households: 17,724 Households with Children: 6,956
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Wesley Chapel, FL

      School Name Distance Type Grades School Rating Parent Rating
      Wesley Chapel Elementary School 1.2 mi Public K-5 4 0
      Thomas E. Weightman Middle School 1.3 mi Public 6-8 3 2
      Wesley Chapel High School 1.3 mi Public 9-12 3 3
      Wesley Chapel High Adult Education 1.3 mi Public - 0 0
      Saddlebrook Preparatory School 1.5 mi Private 3-12 0 0
      New River Elementary School 2.1 mi Public K-5 3 0
      Watergrass Elementary School 2.5 mi Public PRESCHOOL-5 3 0
      Faith Baptist Academy 2.9 mi Private PRESCHOOL-9 0 0
      Quail Hollow Elementary School 3.3 mi Public K-5 0 0
      Wiregrass Ranch High School 3.3 mi Public 9-12 4 4
      Wiregrass Ranch High Adult Education 3.3 mi Public - 0 0
      Dr. John Long Middle School 3.5 mi Public 6-8 4 3
      Double Branch Elementary School 3.7 mi Public PRESCHOOL-5 4 0
      Seven Oaks Elementary School 3.7 mi Public PRESCHOOL-5 4 0
      Veterans Elementary School 3.9 mi Public K-5 4 0
      Kids R Kids Learning Center At Meadow Pointe 4.3 mi Private - 0 0
      Chester W. Taylor, Jr. Elementary School 4.3 mi Public PRESCHOOL-5 2 0
      Sand Pine Elementary School 4.4 mi Public K-5 5 0
      New Leaps Academy 4.5 mi Private - 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for Wesley Chapel, FL
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.