Momentum Housing Data · Home Values · Hillsborough County

TERRACE PARK SUB UNIT Home Values: What Homes Actually Sell For

Every figure below is from recorded MLS closings in TERRACE PARK SUB UNIT (TAMPA, FL) — not an algorithm’s estimate. Medians, the 5-year price history, market time, and what the record says about selling here now. Window ending 2026-08-02; refreshes as new closings record.

Median sold price
$340,000
+1.5% vs prior year · window ending 2026-08-02
Median $/sqft
$218
21 recorded closings
Median days to sell
15
from list to contract-to-close record

In the current window, median closings ran near original asking (100.0%); the median sale took 15 days (window ending 2026-08-02).

The 5-year recorded price history

20222026
YearMedian soldMedian $/sqftMedian DOMSales
2026$340,000$2181521
2025$335,000$234716
2024$327,500$243616
2023$260,000$192134
2022$275,000$238419

Over the recorded series, TERRACE PARK SUB UNIT’s median sold price moved from $275,000 (2022) to $340,000 (12 months ending 2026-08-02) — +24% over that span, with every year’s figure from recorded closings, not a model.

What actually trades here: 100% single family residence, with a median of 1,575 sq ft and a median price per square foot of $218 in the current window. Price-per-square-foot is the cleaner yardstick when comparing your home to the medians — it corrects for the size mix in any given year.

Selling in TERRACE PARK SUB UNIT right now: what the record says

Since 2019, 35 TERRACE PARK SUB UNIT listings were withdrawn, canceled, or expired without selling (6 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 48% of TERRACE PARK SUB UNIT listings ended without selling (withdrawn/canceled/expired); in 2026 that rate was 33%.

Cash bought 28% of recorded TERRACE PARK SUB UNIT sales in the window ending 2026-06 (7 of 25) — a fact worth knowing before assuming every buyer needs an appraisal to close. For buyers, the same table reads the other way: the sold medians above are what the market has actually been paying — an asking price meaningfully above the recent closed record, in a community absorbing at the rates shown, is an opening position, not a value.

The pattern in the statewide failure data applies here too: homes priced against the latest closed sales sell; homes priced against hope join the 201,552 that didn’t. The table above is the closed-sale record to price against.

What would YOUR TERRACE PARK SUB UNIT home sell for?

We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A Momentum 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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More TERRACE PARK SUB UNIT: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs

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