Momentum Housing Data · Home Values · Hillsborough County
Buying here? See Palmetto Cove homes for sale and the Palmetto Cove community guide (Tampa).
PALMETTO COVE (TAMPA, FL): 3 recorded closings in the 12 months ending 2026-08-02, a 6-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 95.3% of original asking; the median sale took 46 days (window ending 2026-08-02).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $203,500 | $133 | 46 | 95.3% | 3 |
| 2025 | $220,000 | $134 | 118 | 87.5% | 6 |
| 2024 | $245,000 | $160 | 79 | 96.4% | 3 |
| 2023 | $256,400 | $168 | 10 | 100.0% | 3 |
| 2022 | $232,500 | $143 | 7 | 101.9% | 4 |
| 2021 | $194,900 | $130 | 3 | 92.8% | 3 |
Over the recorded series, PALMETTO COVE’s median sold price moved from $194,900 (2021) to $203,500 (12 months ending 2026-08-02) — +4% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2021 at $194,900. Against the 2023 peak of $256,400, the current median stands at -21%. Annual sales volume here has ranged from 0 to 6 closings a year (10-yr average 2.2). With roughly 2.2 closings a year, PALMETTO COVE’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.
What actually trades here: 100% townhouse, with a median of 1,529 sq ft and a median price per square foot of $133 in the current window.
At PALMETTO COVE’s $203,500 median and Hillsborough County’s adopted 15.73 mills (FY2025-26), a home assessed at that price carries roughly $3,200 a year in property tax before exemptions, or about $2,580 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Hillsborough County tax page.
Current asking prices run a median $249,000 against the $203,500 recorded sold median (+22%) — the gap between what sellers hope and what the record shows. The market is carrying about 12 months of supply at the current sales pace. Demand check: 0% of PALMETTO COVE’s listings are under contract, against 26% for ZIP 33584 and 25% for Hillsborough County as a whole — the community is currently absorbing slower than its surroundings, which is negotiating information. Since 2008, 21 PALMETTO COVE listings were withdrawn, canceled, or expired without selling (1 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 46% of PALMETTO COVE listings ended without selling (withdrawn/canceled/expired); in 2026 that rate was 33%. Momentum’s market-heat index for PALMETTO COVE reads 44/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
Cash bought 67% of recorded PALMETTO COVE sales in the window ending 2026-06 (2 of 3) — a fact worth knowing before assuming every buyer needs an appraisal to close. With asking prices running +22% over the recorded sold median, a PALMETTO COVE listing priced against the closed record above stands out against its competition; one priced against the asking crowd joins the statewide list of homes that never sold.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping PALMETTO COVE are also weighing (same ZIP), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| WILLIAMS CROSSING | $218,500 | $130 | 43 | 4 |
| EASTERN HEIGHTS | $235,000 | $247 | 52 | 7 |
| TOWNHOMES AT SABAL POINTE | $242,000 | $169 | 137 | 3 |
| REGO PALMS | $265,000 | $176 | 46 | 7 |
| School | Level | FLDOE grade |
|---|---|---|
| Hillsborough County Public Schools (verify by address) | Public | — |
| Confirm zoned elementary, middle, and high | By address | — |
| Magnet and choice options may apply | Choice | — |
Assignments and grades as recorded/published; both change — verify current zoning with the district before relying on it. Grades are the state’s official FLDOE ratings, reported as published.
More PALMETTO COVE: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Based on Stellar MLS data distributed by MLS GRID for the period 2007 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.