Sulphur Springs vs Terrace Park
Two Hillsborough communities, compared on the numbers that decide it — price, pace, and supply — from live MLS data as of 2026-10-14.
| Metric | Sulphur Springs | Terrace Park |
|---|---|---|
| Median sale price | $248K | $365K |
| Price per sq ft | $227 | $238 |
| Avg days on market | 85 days | 92 days |
| Months of supply | 3.5 mo | 2.1 mo |
| Market | Balanced Market | Balanced Market |
| 1-year price change | False | False |
| Recent closings | 48 | 51 |
The verdict
Terrace Park carries the higher median price — about 47% above Sulphur Springs. Homes in Sulphur Springs sell faster (85 days on market vs 92). Terrace Park is the tighter market on inventory (2.1 months of supply).
Where each one is
Sulphur Springs and Terrace Park are about 3 miles apart (straight-line, center to center) and share Hillsborough County.
| Sulphur Springs | Terrace Park | |
|---|---|---|
| County | Hillsborough County, FL | Hillsborough County, FL |
| City / area | Tampa | Tampa |
| ZIP | 33604 | 33613, 33617 |
| FEMA flood zones (sampled parcels) | all 20 sampled homes outside a flood zone | not enough parcels sampled |
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
| Sulphur Springs | Terrace Park | |
|---|---|---|
| Homes for sale now | 14 | 9 |
| Under contract | 2 | 2 |
| Asking prices today | $165K to $400K | $284K to $650K |
| Property types listed | Half Duplex, Single Family Residence | Single Family Residence |
Live MLS counts, refreshed with every listing pull. Browse them: Sulphur Springs homes for sale · Terrace Park homes for sale.
The homes themselves
| Sulphur Springs | Terrace Park | |
|---|---|---|
| Homes (parcels) | 728 | 333 |
| Built | 1900–2024 (median 1957) | 1943–2021 (median 1976) |
| Typical living area | 1,296 sq ft | 1,527 sq ft |
| Homesteaded (owner-occupied) share | 42% | 60% |
| Vacant lots | 30 | 4 |
Housing-stock figures from the Florida Department of Revenue 2025 assessment roll (public records).
Price history, year by year
| Year | Sulphur Springs median | Terrace Park median |
|---|---|---|
| 2015 | $38K (14 sales) | $76K (13 sales) |
| 2016 | $46K (22 sales) | $120K (18 sales) |
| 2017 | $78K (34 sales) | $156K (20 sales) |
| 2018 | $128K (9 sales) | $158K (10 sales) |
| 2021 | $185K (5 sales) | $265K (5 sales) |
| 2022 | $200K (51 sales) | $285K (15 sales) |
| 2023 | $175K (22 sales) | $334K (10 sales) |
| 2024 | $250K (30 sales) | $298K (11 sales) |
| 2025 | $252K (35 sales) | $265K (7 sales) |
| 2026 | $261K (36 sales) | $332K (12 sales) |
Since 2015, Sulphur Springs's median sale price is +579% and Terrace Park's is +337% — Sulphur Springs has appreciated faster over that stretch.
How each one trades
| Sulphur Springs | Terrace Park | |
|---|---|---|
| Sale-to-original-list | 94.1% | 97.8% |
| New-construction share of sales | 8% | 0% |
| Typical sold home | 1,136 sq ft | 1,399 sq ft |
| Momentum market-heat score | 37 (cold) | 48 (normal) |
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
| Sulphur Springs | Terrace Park | |
|---|---|---|
| Elementary | Sulphur Springs-Hb | Temple Terrace-Hb |
| Middle | Sligh-Hb | Greco-Hb |
| High school | Chamberlain-Hb | King-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, Sulphur Springs is the lower entry point (median $248K vs $365K). Buyers who want newer construction (fewer near-term roof, HVAC and re-plumb items, and easier insurance quotes in Florida) will find it in Terrace Park; Sulphur Springs trades that for a more established street and, typically, larger lots. Sellers get a faster sale in Sulphur Springs (85 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 Terrace Park more expensive than Sulphur Springs?
Yes, on recent sales: the median sale price in Terrace Park is $365,000 versus $248,000 in Sulphur Springs, about 47% higher.
How far apart are Sulphur Springs and Terrace Park?
About 3 miles straight-line, center to center, both in Hillsborough County; driving distance is usually 15 to 30 percent more.
Which has newer homes, Sulphur Springs or Terrace Park?
Terrace Park: its homes were built 1943–2021 with a median year of 1976, versus a median of 1957 in Sulphur Springs (Florida DOR assessment roll).
Which has bigger homes?
Terrace Park. The typical home there is 1,527 sq ft of living area, versus 1,296 sq ft in Sulphur Springs.
Which has appreciated more, Sulphur Springs or Terrace Park?
From 2015 to 2026 the median sale price rose 579% in Sulphur Springs and 337% in Terrace Park (recorded MLS closings by calendar year).
Where do sellers get closer to asking price?
Terrace Park — sellers there received 97.8% of the original list price over the last 12 months versus 94.1% in Sulphur Springs.
What high schools serve Sulphur Springs and Terrace Park?
Listings in Sulphur Springs most often report Chamberlain-Hb; listings in Terrace Park report King-Hb. Zoning is set by the district and can change - verify by address.
Go deeper on each: Sulphur Springs homes, photos & schools · Terrace Park homes, photos & schools
Figures are aggregates from realMLS / DBAAR, updated regularly. Thinking about either? Talk to Momentum Realty.