Balm Grove vs Panther Trace
Two Hillsborough communities, compared on the numbers that decide it — price, pace, and supply — from live MLS data as of 2026-10-24.
| Metric | Balm Grove | Panther Trace |
|---|---|---|
| Median sale price | $383K | $370K |
| Price per sq ft | $166 | $184 |
| Avg days on market | 58 days | 86 days |
| Months of supply | 0.6 mo | 3.7 mo |
| Market | Strong Seller's Market | Balanced Market |
| 1-year price change | False | False |
| Recent closings | 38 | 42 |
The verdict
Balm Grove carries the higher median price — about 4% above Panther Trace. Homes in Balm Grove sell faster (58 days on market vs 86). Balm Grove is the tighter market on inventory (0.6 months of supply).
Where each one is
Balm Grove and Panther Trace are about 5 miles apart (straight-line, center to center) and share Hillsborough County.
| Balm Grove | Panther Trace | |
|---|---|---|
| County | Hillsborough County, FL | Hillsborough County, FL |
| City / area | Wimauma | Riverview |
| ZIP | 33598 | 33579 |
| FEMA flood zones (sampled parcels) | all 24 sampled homes outside a flood zone | 95% of 22 homes outside a flood zone (Zone X) |
Distances are straight-line; driving distance is usually 15 to 30 percent more. Flood-zone shares come from FEMA flood maps matched to sampled parcels; always check the exact address before you close.
What is for sale today
| Balm Grove | Panther Trace | |
|---|---|---|
| Homes for sale now | 2 | 13 |
| Under contract | 13 | 3 |
| Asking prices today | $310K to $410K | $315K to $585K |
| Listed in the last 7 days | 2 | 1 |
| Property types listed | Single Family Residence | Single Family Residence |
Live MLS counts, refreshed with every listing pull. Browse them: Balm Grove homes for sale · Panther Trace homes for sale.
The homes themselves
| Balm Grove | Panther Trace | |
|---|---|---|
| Homes (parcels) | 1 | 634 |
| Built | n/a | 2003–2014 (median 2007) |
| Typical living area | n/a | 2,592 sq ft |
| Homesteaded (owner-occupied) share | 0% | 62% |
| Vacant lots | 178 | 1 |
Housing-stock figures from the Florida Department of Revenue 2025 assessment roll (public records).
Price history, year by year
| Year | Balm Grove median | Panther Trace median |
|---|---|---|
| 2024 | $400K (118 sales) | $388K (4 sales) |
| 2025 | $380K (165 sales) | $399K (7 sales) |
| 2026 | $360K (107 sales) | $299K (3 sales) |
Since 2024, Balm Grove's median sale price is -10% and Panther Trace's is -23% — Balm Grove has appreciated faster over that stretch.
How each one trades
| Balm Grove | Panther Trace | |
|---|---|---|
| Sale-to-original-list | 97.3% | 93.0% |
| New-construction share of sales | 100% | 0% |
| Typical sold home | 2,174 sq ft | 1,401 sq ft |
Last 12 months of recorded closings; sale-to-original-list is the share of the first asking price sellers actually got.
Schools the listings are zoned for
| Balm Grove | Panther Trace | |
|---|---|---|
| Elementary | Reddick Elementary School | Collins Prek-8 School |
| Middle | Shields-Hb | Collins Prek 8 School |
| High school | Sumner High School | Riverview-Hb |
The school most often recorded on each community's MLS listings. Always confirm a specific address with the district.
Which one fits
On budget alone, Panther Trace is the lower entry point (median $370K vs $383K). Sellers get a faster sale in Balm Grove (58 days on market on average); buyers get more negotiating room where homes sit longer.
Neither number set decides it: drive both on a weekday evening, check the HOA documents and the flood zone for the exact street, and price the insurance before you write an offer. A Momentum agent who works both communities can pull the comparable sales for any two specific homes.
Questions people ask
Is Balm Grove more expensive than Panther Trace?
Yes, on recent sales: the median sale price in Balm Grove is $383,000 versus $370,000 in Panther Trace, about 4% higher.
How far apart are Balm Grove and Panther Trace?
About 5 miles straight-line, center to center, both in Hillsborough County; driving distance is usually 15 to 30 percent more.
Which has appreciated more, Balm Grove or Panther Trace?
From 2024 to 2026 the median sale price rose -10% in Balm Grove and -23% in Panther Trace (recorded MLS closings by calendar year).
Where do sellers get closer to asking price?
Balm Grove — sellers there received 97.3% of the original list price over the last 12 months versus 93.0% in Panther Trace.
What high schools serve Balm Grove and Panther Trace?
Listings in Balm Grove most often report Sumner High School; listings in Panther Trace report Riverview-Hb. Zoning is set by the district and can change - verify by address.
Go deeper on each: Balm Grove homes, photos & schools · Panther Trace homes, photos & schools
Figures are aggregates from realMLS / DBAAR, updated regularly. Thinking about either? Talk to Momentum Realty.