Rio Altos in Tampa

Rio Altos
Homes for Sale in Tampa, FL

Community in Tampa · Hillsborough County · ZIP 33604
98 homesBuilt 1917–2023Median sale $290K
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Photo via Stellar MLS

Built fromLive Stellar MLS data20 years of closingsFL DOR public recordsUpdated twice daily
Live · Rio Altos Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$290K ▲
Median sold · 12 mo
up 11.2% vs the prior 12 months
+11.2% ▲
1-yr price change
n = 3 and 4 sales in the two windows
$214/sf
Sold $/sqft · 12 mo
peak $256 in 2022
97.5%
Sale vs ask
Tempo
2.4mo
Supply
3 to 6 months is the balanced band
112days
Median DOM · closed
7 days at the 2022 low
50%
Under contract
Hillsborough: 22% (1,810 of 8,134)
1 · 1
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
37%
Owner-occupied · Rio Altos
38 of 103 parcels homesteaded (FL DOR 2025)
63%
Non-owner-occupied · Rio Altos
incl. 26% trust or LLC-held · 11% out-of-state
98
Homes in the community
plus 5 vacant residential lots · 103 residential parcels (FL DOR 2025)
Track record · 20 years of records
9
Recorded sales · 2024-2025
median $238K · qualified sales on the county roll (FL DOR 2025)
Est. 1917
Community established
homes built 1917-2023, median 1959 (FL DOR 2025)
1,046sqft
Median sold home size
12-mo windows, closed sales
3.1%/yr
Turnover rate
about 3 of 98 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price in Rio Altos is driven by condition and vintage, not by a uniform product. With a median year built of 1961 and a stock that stretches from 1924 to 2021, you are buying into a wide range of updated-versus-original homes, and that spread is what moves each individual number. The median sits at $195,000 on about $208 per square foot across a compact 1,290-square-foot median footprint, so what you pay reflects how much work a given house still needs.

The posture right now favors patience. Median days on market is 130 — well past the point where a listing is still fresh — and price is down 33.7% year over year, though on a thin base of only 3 closings in the window that figure should be read as directional, not precise. For buyers, that means room to negotiate and time to inspect. For sellers, it means pricing to condition from day one and expecting the process to take longer than a hot corridor would.

Rio Altos Housing Pulse · Momentum Research · as of September 20, 2026

Rio Altos right now

🔴 Seller-leaning market. 2.4 months of supply and 50% of the inventory already under contract give sellers the pressure advantage.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 September 20, 2026. Confidence: Low (2 active and pending listings, 3 closed sales in 12 months).

🟢 Still climbing. The trailing-12-month median ($290K) is up 11.2% from the prior 12 months ($261K). With about 1 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 September 20. Confidence: Low (3 and 4 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 20, 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

Rio Altos market snapshot (as of September 20, 2026): the median sale price is about $290K ($214 per sq ft over the trailing 12 months of closed sales), a median 112 days on market for closed sales, and 2.4 months of supply, a seller-leaning market. The trailing-12-month median is up 11% from the prior 12 months, computed from record-level Stellar MLS closed sales (3 closings in the current window).

Rio Altos is a community of 98 homes in Tampa, Hillsborough County, built between 1917 and 2023 (median 1958.5), with a median living area of about 1,242 square feet. 37% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Rio Altos is a small, older Tampa pocket of 64 homes in Hillsborough County where the housing predates most of the region and condition varies house to house. Just under 58% of homes carry a homestead exemption, a sign of a largely owner-occupied core rather than a churn of short-term holds.

Best for

  • Renovation-minded buyers with a budget for older systems and a modest square footage
  • Long-hold owner-occupants who value a small, established pocket over a fast-moving corridor
  • Value buyers who can move slowly, inspect thoroughly, and negotiate on condition

Probably not for

  • Buyers who need a turnkey home with no deferred maintenance
  • Anyone expecting a quick flip or fast, predictable resale in a slow market
  • Buyers who want large, new-construction footprints as the norm rather than the exception

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending September 20 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($290K) IS the median in the snapshot above, and the move from 2025 ($261K) IS the +11.2% one-year change.

Windows contain 0 to 5 sales each (3 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 2006 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 5 a year; 3 in the current window.
How much local inventory is already under contract

25% of homes for sale in ZIP 33604 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-20).

Rio Altos Market Scorecard

Seller-leaning

Rio Altos is currently a seller-leaning market. About 2.4 months of supply, a median asking price of $204,900, and homes go under contract in about 137 days.

2.4
Months supply
$204,900
Median list
$289,900
Median sold
$287
List $/sqft
137
Days on mkt
2/0/3
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in Rio Altos, Tampa

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 5 listings
Distress share trend — 0.0% now (2026-09-13 → 2026-09-28)

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 September 2026 through September 2026. Deemed reliable but not guaranteed.

Homes For Sale Right Now in Rio Altos

Live MLS inventory for Rio Altos. 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 and pending Rio Altos listings as of 2026-09-28, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2006 through 2026. Tap any home to ask about it.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Hillsborough County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Oak Grove Elem · Elementary
  • Greco-HB · Middle
  • King-HB · High

Zoned schools reflect the assignments reported on recent Rio Altos listings and can change; always confirm with Hillsborough County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Rio Altos address.

If we were buying in Rio Altos today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Rio Altos.

Best Buy
Buyers who want an older, compact Tampa home and are comfortable renovating.
Biggest Risk
Aging stock means condition surprises, and the year-over-year drop rests on very few sales.
Sweet Spot
An updated home near the $195,000 median that has already had its major systems addressed.
Avoid If
You need a quick, predictable resale or a turnkey home with no deferred maintenance.

Old bones, uneven updates

The defining feature here is age and variability. A median build year of 1961 with the oldest homes reaching back to 1924 means original systems, older layouts, and the maintenance realities that come with them are common — but the 2021 top of the range shows infill and renovation have touched the area too. Two houses a block apart can price very differently based on what has been done to them, so the median tells you the middle of the market, not what any specific home should cost.

At a 1,290-square-foot median, these are modest footprints, and the roughly $208 per square foot reflects the land and location as much as the structures. A 130-day median on market gives a diligent buyer time to run inspections and walk away from a house whose price does not match its condition. That same slow clock is the single most important thing a seller has to plan around.

“

The location and the amenities are priced into every listing in Rio Altos. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
7.1B · Buy Score
Recent Direction8.8/10
Liquidity & Demand7.6/10
Owner Commitment3.7/10
Pricing Power8.3/10

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 (7.1). Basis: Recent Direction +11.2% year-over-year; Liquidity & Demand 2.4 months of supply; Owner Commitment 37% owner-occupied; Pricing Power 97.5% sale-to-list. Refreshed with each data update.

Why work with Momentum here

A market this small and this condition-driven rewards local read over algorithms. We price to the specific house — its vintage, its systems, its updates — rather than a neighborhood average that hides a wide spread. On a 130-day clock and a thin closing count, we set expectations honestly up front and negotiate from the condition, not the wish.

Rio Altos in 15 seconds.

Best forBuyers who want an older, compact Tampa home and are comfortable renovating.
Biggest advantageA slow market and long days on market give buyers negotiating room and time to inspect.
Biggest riskAging stock means condition surprises, and the year-over-year drop rests on very few sales.
Sweet spotAn updated home near the $195,000 median that has already had its major systems addressed.
Avoid ifYou need a quick, predictable resale or a turnkey home with no deferred maintenance.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Rio Altos sales matched to your home.

What is your Rio Altos home worth?

Get a no-obligation home value based on real comparable sales in Rio Altos, 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 Rio Altos on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Rio Altos?
The median sale price in Rio Altos was $290K over the 12 months ending September 20, 2026 (3 closed sales, Stellar MLS).
How long do homes in Rio Altos take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 112 days on market (3 sales, Stellar MLS).
Is Rio Altos a buyer's or seller's market right now?
As of September 20, 2026, Rio Altos leans toward sellers: 2.4 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in Rio Altos?
The Florida DOR 2025 assessment roll shows 98 homes plus 5 vacant residential lots in Rio Altos (public records).
What share of Rio Altos is owner-occupied?
37% of Rio Altos parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Rio Altos built?
Homes in Rio Altos were built between 1917 and 2023, with a median year built of 1958.5 (FL DOR 2025 roll).
Who is the best real estate agent for Rio Altos?
The best agent for Rio Altos is one who actively works Tampa and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Rio Altos.
How do I find a top Tampa real estate agent who knows Rio Altos?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Rio Altos and the wider Tampa area.
Can Momentum Realty connect me with an agent for Rio Altos?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Rio Altos purchase or sale - no call center and no pressure.
Renovation-minded buyers with a budget for older systems and a modest square footageExcellent fit
Long-hold owner-occupants who value a small, established pocket over a fast-moving corridorExcellent fit
Value buyers who can move slowly, inspect thoroughly, and negotiate on conditionExcellent fit
Buyers who need a turnkey home with no deferred maintenanceProbably not
Anyone expecting a quick flip or fast, predictable resale in a slow marketProbably not
Buyers who want large, new-construction footprints as the norm rather than the exceptionProbably not

Nearby Communities

Explore more neighborhoods near Rio Altos with Momentum Realty’s local guides.

AVAltos Verdes0.1 mi away · 268 homes, built 1917–24, 1 for saleLCLinda Court0.1 mi away · 14 homes, built 1960–87KRKelly Ridge0.2 mi away · 28 homes, built 1985–96RFRiver Forest Estates0.2 mi away · median $205K, 3 sales/12 moTVTerrace Village Townhomes0.3 mi away · 31 homes, built 1984–84Elizabeth Court0.4 mi away · median $265K, 7 sales/12 moTTTemple Terrace Gables0.4 mi away · 77 homes, built 1956–70

Browse all neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 28, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 33604/33705))
Under-contract sharesStellar MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2006 (25 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.

Own a home here?

You just read the data. Now see what your home is worth.

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 local comps.

Looking to buy here? Search homes for sale →

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More on Rio Altos

Thinking of selling in Rio Altos? 3 recorded closings; median 112 days on market (window ending 2026-09-20). See the Hillsborough County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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