Buyer / Seller Gauge

Months of supply points to seller-favored conditions in Lake Magdalene.

2.1 mo Seller-favored

Under 5 months of supply usually means buyers have fewer choices and sellers keep more leverage, especially when a home is priced cleanly for its pocket.

Active listings 205 Homes sold (rolling 3 months) 100 Pending sales 115

Redfin Data Center Updated Apr 2026

About Lake Magdalene

About Lake Magdalene, Florida

Lake Magdalene is a north Tampa lake and established-neighborhood market where Carrollwood access, I-275 convenience, and older-home variety shape demand. The current Redfin-backed snapshot shows a median sale price near $441,022 with 205 active listings, so pricing needs to be compared against real supply rather than broad county averages.

Demand is strongest when a home pairs north Tampa access with clean condition; dated homes compete with Carrollwood and Northdale.

The current Lake Magdalene snapshot shows 205 active listings, 100 sales in the rolling three-month window, 2.1 mo of supply, and a median sale price near $441,022. Use that as a directional read, then compare the exact pocket and price band before making a decision.

Local Economy

What drives daily life and demand around Lake Magdalene?

Daily life is shaped by Dale Mabry, Fletcher, Bearss, I-275, Lake Magdalene, Carrollwood retail, USF access, and north Tampa corridors.

Commute and corridor access

Lake Magdalene can work for USF, downtown, Westshore, and north Tampa, but I-275 and Dale Mabry timing should be checked.

Schools and address-level fit

School fit should be verified by address because Lake Magdalene sits near Carrollwood, Tampa, and Northdale comparison zones.

Neighborhood structure and fees

Fee structures range from older neighborhoods to condos, townhomes, and planned pockets, so association rules vary by property.

Insurance and property screening

Review roof age, older systems, drainage, lake or low-lying exposure, tree cover, insurance, and renovation quality.

Common Questions

Is Lake Magdalene a good place to live?

Lake Magdalene is a north Tampa lake and established-neighborhood market where Carrollwood access, I-275 convenience, and older-home variety shape demand. The current Redfin-backed snapshot shows a median sale price near $441,022 with 205 active listings, so pricing needs to be compared against real supply rather than broad county averages.

What matters when selling in Lake Magdalene?

Seller strategy in Lake Magdalene works best when the listing gives buyers a clear reason to choose the property: condition, location, updates, lower friction, or a better all-in payment than nearby alternatives.

What should buyers compare first in Lake Magdalene?

Regular buyers should compare commute route, school assignment, home age, flood and insurance exposure, and Carrollwood or Lutz alternatives.

County Toolbelt

Hillsborough County Toolbelt for Lake Magdalene

County-level links for taxes, zoning, code, safety, housing resources, research, and calculators.

Census Snapshot

Lake Magdalene market snapshot

Use this as the numeric baseline. It is Census-backed context for how the area looks on paper before you get into property-level screening.

Source: U.S. Census ACS 2024 5-year profile Geography used: Lake Magdalene CDP, Florida
Population 32,083
Median age 40.8
Households with children 26%
Owner vs renter 72% owners | 28% renters
Median home value $371,800
Median household income $75,594

Market Read

How the numbers tend to translate on the ground

Local market pulse

Demand is strongest when a home pairs north Tampa access with clean condition; dated homes compete with Carrollwood and Northdale.

If you're buying

Regular buyers should compare commute route, school assignment, home age, flood and insurance exposure, and Carrollwood or Lutz alternatives.

If you're selling

Seller strategy in Lake Magdalene works best when the listing gives buyers a clear reason to choose the property: condition, location, updates, lower friction, or a better all-in payment than nearby alternatives.

If you're investing

Investors in Lake Magdalene should underwrite rent, insurance, maintenance, HOA rules, and resale depth before assuming the area label is enough to carry the numbers.

Census Data

People and households

  • Households 13,083
  • Housing units 13,809
  • Under 18 21.0%
  • Age 65+ 20.3%
  • Average household size 2.4

Census Data

Economy and mobility

  • Per capita income $50,477
  • Bachelor degree or higher 40%
  • Labor force participation 63.0%
  • Unemployment 3.6%
  • Poverty rate 13.0%
  • Mean commute 27 min
  • Public transportation 0.4%
  • Work from home 18.8%

Census Data

Housing profile

  • Detached single-family 60.5%
  • Rental vacancy 7.5%
  • Median gross rent $1,434
  • Built 2000 or later 17.2%

Census Data

Housing costs

  • Owner costs with mortgage $1,840
  • Owner costs without mortgage $684
  • Owner cost burden 35%+ 22.1%
  • Rent burden 35%+ 43.8%

Schools

Lake Magdalene schools

Use this as school context, not a final assignment tool. Area pages can frame the conversation, but exact-address verification still decides the real answer.

School sources: NCES EDGE public school geocodes 2024-25 + Florida DOE school grades 2025 Verify exact address for attendance zones, magnets, and program eligibility. Florida DOE school grades

District Snapshot

What to verify first

Lake Magdalene generally points to Hillsborough County Public Schools, but exact address decides assignment and program eligibility.

School fit should be verified by address because Lake Magdalene sits near Carrollwood, Tampa, and Northdale comparison zones.

School Highlights

How the current matched school set reads

District grade B
Prior year grade B

The district snapshot is available, but the current grade snapshot still needs more school-level coverage before it should be treated as a full read of the area.

Living Here

Living in Lake Magdalene

This is the everyday layer: what people actually use, how the area moves, and which practical constraints start to matter once the headline city label is out of the way.

Daily Life

What residents actually use

Daily life is shaped by Dale Mabry, Fletcher, Bearss, I-275, Lake Magdalene, Carrollwood retail, USF access, and north Tampa corridors.

Movement

How routines connect to the rest of the county

Lake Magdalene can work for USF, downtown, Westshore, and north Tampa, but I-275 and Dale Mabry timing should be checked.

Costs and constraints

What to screen early

Review roof age, older systems, drainage, lake or low-lying exposure, tree cover, insurance, and renovation quality. Fee structures range from older neighborhoods to condos, townhomes, and planned pockets, so association rules vary by property.

Explore Next

Compare nearby options and related context

Move from the local overview into nearby alternatives, deeper reads, videos, and common questions without losing the context you started with.

Nearby Alternatives

If Lake Magdalene is close but not quite right

Related Content

Deeper reads, videos, and questions

FAQs

Next Step

Talk through Lake Magdalene with a local plan

Bring the exact pocket, price band, sale plan, or investment angle into the conversation so the next move is based on the details that matter.

Ask Dillon about Lake Magdalene