Momentum Housing Data · Home Values · Hillsborough County
Buying here? See Terrace Park Sub Unit No 3 homes for sale and the Terrace Park Sub Unit No 3 community guide (Tampa).
Terrace Park Sub Unit (Tampa, FL): 19 recorded closings in the 12 months ending 2026-09-20, a 5-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, median closings ran near original asking (100.0%); the median sale took 14 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $365,000 | $221 | 14 | 100.0% | 19 |
| 2025 | $320,000 | $221 | 9 | 100.0% | 19 |
| 2024 | $325,000 | $241 | 7 | 98.9% | 17 |
| 2023 | $305,000 | $251 | 5 | 95.6% | 5 |
| 2022 | $275,000 | $238 | 4 | 101.6% | 19 |
Over the recorded series, Terrace Park Sub Unit’s median sold price moved from $275,000 (2022) to $365,000 (12 months ending 2026-09-20) — +33% over that span, with every year’s figure from recorded closings, not a model.
Of the 51 recorded Terrace Park Sub Unit closings since 2024, half landed between $289,000 and $376,000 (the middle two quartiles); the lowest recorded sale was $190,000 and the highest $565,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $250,000 | 4 (8%) | |
| $250,000 – $308,333 | 12 (24%) | |
| $308,333 – $366,667 | 15 (29%) | |
| $366,667 – $425,000 | 14 (27%) | |
| None and up | 6 (12%) |
The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($278 vs $201) — the usual pattern, since lot, kitchen and baths do not scale with floor area.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 816–1,366 sq ft | $278 | $299,900 | $207,200 – $387,000 | 17 |
| Mid-size homes 1,379–1,575 sq ft | $224 | $325,000 | $199,900 – $395,000 | 17 |
| Larger homes 1,578–3,158 sq ft | $201 | $395,000 | $190,000 – $565,000 | 17 |
At Terrace Park Sub Unit’s $365,000 median and Hillsborough County’s adopted 15.73 mills (FY2025-26), a home assessed at that price carries roughly $5,740 a year in property tax before exemptions, or about $5,120 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.
The table above is the closed-sale record to price a Terrace Park Sub Unit home against; asking prices are an opening position, recorded closings are the value.
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 Terrace Park Sub Unit 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 |
|---|---|---|---|---|
| terrace park unit 5 rev | $332,000 | $226 | 33 | 12 |
| temple crest unit 2 | $300,000 | $262 | 12 | 31 |
| woodfield heights unit 2 | $443,500 | $204 | 146 | 4 |
| River Haven | $467,500 | $340 | 41 | 8 |
More Terrace Park Sub Unit: 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 2021 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.