Temple Terrace
Housing Market
Median sale price $402,500, down 7.5% year over year, with homes going under contract in about 40 days, 51 homes on the market.
Momentum
Your exact situation run against today's numbers: true comps, negotiation targets, and the off-market homes portals never show.
Selling instead? See what your home is worth today →
Housing Market Analyst
Inventory sits at 3.8 months of supply — balanced by the 3-to-6-month balanced benchmark, and 30% of listed homes are already under contract. Prices are down 7.5% versus the prior year, but sellers are still collecting 93.7% of asking. Taken together, the data points to a broadly balanced market where preparation decides who wins.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors neither side decisively.
- Prices — more likely to stabilize than fall sharply. Supply remains below balanced levels even as prices soften; without a meaningful inventory build, further declines tend to be shallow.
- Inventory — building over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 30% of inventory sits under contract.
- Mortgage sensitivity — at 5.0× income, this market is highly sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current Temple Terrace data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
One inventory number hides four different markets
Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.
Where Temple Terrace is hot — and where it isn't
Each dot is a community (32 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on Temple Terrace
The median sale price across Temple Terrace currently stands at $402,500, down 7.5% from a year ago. Buyers are paying a median of $213 per square foot. The typical home goes under contract in about 40 days. Sellers are capturing 93.7% of their original asking price on average.
There are 51 active listings on the market, with 21 more already under contract. At the current sales pace that works out to 3.8 months of supply — a seller-leaning market by the standard six-month benchmark. 184 homes closed here over the trailing 12 months.
Zillow's home value index for Hillsborough County stands at $377,121. About 33% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for Temple Terrace is 55 of 100 — balanced market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of October 6, 2026.
Temple Terrace since 2012 — and where it’s heading
A median home here sold for $90,588 in 2012 and $365,646 over the last recorded year — 304% appreciation across 14 years of recorded sales. Cash buyers took 35% of recent sales, down from a 47% peak.
Median sale price · 2012–2026 (1,867 recorded sales)
Days on market by year
Cash buyers · share of sales
Home value trend · Hillsborough County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Hillsborough County (MLS)
Median price · daily recalculation
What’s driving Temple Terrace
Top inbound states: NY, TX, NJ, GA. Movers arriving report ~$77,979 average income. Source: IRS SOI county-to-county migration, 2022-2023
6,518 Citizens policies in force in Hillsborough County — the state-backed insurer of last resort. Budget insurance into any Hillsborough purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
4,295 single-family · 4,401 multi-family · 5.8 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
The most crowded shelf in the market. Sellers here are competing hardest — which means overpaying in this band is the most avoidable mistake in Temple Terrace right now.
The tightest band — sellers in this range hold the most leverage, and buyers should walk in with financing done and terms clean.
Both sides have a case: buyers should negotiate on days-on-market, sellers should lean on the under-contract rate. Preparation, not the market, decides who wins a balanced tape.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
How it stacks up across Hillsborough County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Temple Terrace ← this page | $402K | 51 | 55 | |
| Tampa | $430K | 1,363 | 60 | Open → |
| Riverview | $362K | 420 | 56 | Open → |
| Wimauma | $360K | 175 | 59 | Open → |
| Sun City Center | $296K | 153 | 50 | Open → |
| Ruskin | $322K | 148 | 48 | Open → |
Neighborhoods on the move
| temple terrace estates sec 22Temple Terrace | $445K | ▲ 2% |
| Temple Terrace Riverside SubdiTemple Terrace | $400K | ▲ 0% |
| Meadowood Condo VillageTemple Terrace | $166K | ▲ -2% |
| Vista Del RioTemple Terrace | $402K | ▲ -3% |
| Theresa ArborTemple Terrace | $598K | ▲ -11% |
| Temple Terrace Estates RepTemple Terrace | $606K | ▼ 19% |
| UNIVERSITY SQUARE UNIT 1Temple Terrace | $215K | ▼ 19% |
| Raintree Village Condo NTemple Terrace | $135K | ▼ 17% |
| Theresa ArborTemple Terrace | $598K | ▼ 11% |
| Vista Del RioTemple Terrace | $402K | ▼ 3% |
| temple terrace estates sec 22Temple Terrace | $445K | 9 |
| Meadowood Condo VillageTemple Terrace | $166K | 8 |
| Raintree Village Condo NTemple Terrace | $135K | 8 |
| Temple Terrace Riverside SubdiTemple Terrace | $400K | 6 |
| Orange River Estates TampaTemple Terrace | $328K | 5 |
| UNIVERSITY SQUARE UNIT 1Temple Terrace | $215K | 7 days |
| Temple Terrace Estates RepTemple Terrace | $606K | 9 days |
| temple terrace estates sec 22Temple Terrace | $445K | 21 days |
| temple hills unit 2Temple Terrace | $435K | 23 days |
| Theresa ArborTemple Terrace | $598K | 34 days |
Temple Terrace ZIP codes
Most active communities
More on Temple Terrace
Put this data to work
The questions people actually ask
Should I buy a house in Temple Terrace right now?
The data says conditions currently favor neither side decisively in Temple Terrace — the Momentum Score reads 55/100 with 3.8 months of supply. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is Temple Terrace becoming more affordable?
Yes, modestly — the median sale price in Temple Terrace is $402,500, down 7.5% versus the prior year, while sellers still capture 93.7% of asking price. Softening prices plus normal-length marketing times mean affordability is improving at the margin, though financing costs matter more than list prices for most monthly payments.
Where are prices falling fastest in Temple Terrace?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Temple Terrace Estates Rep (-19%); UNIVERSITY SQUARE UNIT 1 (-19%); Raintree Village Condo N (-17%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which Temple Terrace neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are UNIVERSITY SQUARE UNIT 1 (7 days); Temple Terrace Estates Rep (9 days); temple terrace estates sec 22 (21 days) — homes there go under contract well ahead of the market-wide pace of 40 days.
How does Temple Terrace compare to the rest of Hillsborough County?
Temple Terrace's median of $402,500 runs 1% above the county-wide median of $400,000, and homes here take 40 days to go under contract versus 42 county-wide.
Temple Terrace housing market FAQ
How is the housing market in Temple Terrace right now?
As of October 6, 2026, the Temple Terrace housing market is roughly balanced: the median sale price is $402,500 (down 7.5% year over year), 51 homes are for sale against 184 sales in the last 12 months, which is 3.8 months of supply, and the typical home goes under contract in about 40 days.
How much is a house in Temple Terrace?
The median home sold for $402,500 in Temple Terrace over the last 12 months, about $213 per square foot; asking prices on the 51 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in Temple Terrace?
By the numbers, sellers in Temple Terrace are getting 93.7% of asking price and going under contract in about 40 days with 3.8 months of supply. Under four months of supply generally favors sellers; over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the Temple Terrace housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: Temple Terrace median sale prices are down 7.5% year over year, inventory stands at 3.8 months of supply, and 30% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in Temple Terrace?
The median sale price in Temple Terrace is currently $402,500, down 7.5% from a year ago, based on MLS sales data updated October 6, 2026.
Is Temple Terrace a buyer's or seller's market right now?
The data currently is roughly balanced. Temple Terrace scores 55 of 100 on the Momentum Score, with 3.8 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in Temple Terrace?
The typical home in Temple Terrace goes under contract in about 40 days, per current MLS data.
How many homes are for sale in Temple Terrace?
There are approximately 51 active listings in Temple Terrace as of October 6, 2026.
Are home prices in Temple Terrace rising or falling?
Median sale prices are down 7.5% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across Temple Terrace. Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: October 6, 2026 at 7:22 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.