Moving to Odessa, Florida: The 2026 Data Guide
As of 2026-09-09, the median home sold in Odessa, Florida over the last 12 months went for $690,000 (203 closings across 38 communities in Momentum’s MLS record), about $275 per square foot for a median 2,582-sq-ft home built around 2016. Homes currently listed have been on the market a median of 43 days, and with 46 active listings against that sales pace the city is carrying roughly 2.7 months of supply. Sellers have been getting about 95% of their original asking price. That median is 71% above the median across Momentum’s Florida and Georgia coverage.
What your budget buys in Odessa
Three price points from 66 recent Odessa closings in our record, each showing what actually closed within 10% of that price:
- Around $425,000: the typical sale in this band was a 4-bed, 2.25-bath home of about 1,978 sq ft, built around 2011 (8 sales).
- Around $690,000: the typical sale in this band was a 3-bed, 3-bath home of about 2,438 sq ft, built around 2020 (10 sales).
- Around $830,000: the typical sale in this band was a 4-bed, 3-bath home of about 2,833 sq ft, built around 2000 (10 sales).
The real monthly cost of owning in Odessa
Take the median $690,000 home with 20% down at today’s 6.71% 30-year rate: principal and interest run about $3,566/month. Hillsborough County’s typical total millage is 15.73 mills, so after the $50,000 homestead exemption the property tax is roughly $10,066/year ($839/month) for a new owner — the seller’s capped bill on the listing will be lower and is not your number. Citizens Property Insurance’s average premium in Hillsborough County is about $1,816/year; private-market quotes vary with roof age and wind mitigation. 80% of current Odessa listings carry an HOA, with a median of $141/month where one applies. All in, budget on the order of $4,697/month to own the median Odessa home including a typical HOA.
For the full worksheet — taxes by scenario, the homestead exemption, and how the Save Our Homes cap works after year one — see the Hillsborough County property tax guide and our home insurance by county map.
Where people are buying: Odessa’s most active communities
The communities with the most closings in the last 12 months, with each one’s median sale and how long its current listings have been on the market. Every name links to that community’s own guide with live listings.
| Community | Sales (12 mo) | Median | Days listed |
|---|---|---|---|
| Keystone Park Colony | 21 | $1,000,000 | 50 |
| Asturia | 20 | $416,250 | 81 |
| Starkey Ranch | 17 | $835,000 | 43 |
| Ivy Lake Estates | 15 | $690,000 | 48 |
| Arbor Lakes | 14 | $752,500 | 28 |
| Ashley Lakes | 11 | $425,000 | 32 |
| Keystone Crossings | 9 | $737,000 | 24 |
| Tarramor | 9 | $1,161,500 | 54 |
Odessa by ZIP code
Sales and medians by ZIP over the same 12 months: 33556 (65 sales, median $620,000).
What’s for sale: property types, new construction, and age of homes
Of the last 12 months of sales, 91% were single-family homes, 6% townhomes or villas. The housing stock skews newer: 53% of homes sold were built in 2015 or later and 6% before 1980.
Getting around from Odessa
Measured from the center of Odessa’s recent sales: Tampa International Airport (TPA) is about 15 miles; Downtown Tampa is about 19 miles; Lakeland is about 40 miles; Sarasota is about 59 miles. Distances are straight-line; drive times depend on the corridor and time of day.
Schools, taxes, and insurance: where to verify
School assignments change; check the Hillsborough County school grades page for the district’s current grades, and confirm zoning for a specific address directly with the district. Property tax figures on this page use Hillsborough County’s typical millage of 15.73; municipal and special-district millage varies inside the county. Insurance uses Citizens’ Hillsborough County average of $1,816/year; a wind-mitigation inspection and roof age can move a private quote a long way in either direction.
Odessa: the case for and against
What works in Odessa’s favor
- homes move quickly (median 43 days listed), so well-priced homes get competition
- insurance is comparatively manageable here (Citizens average $1,816/year)
- no state income tax, and Florida’s Save Our Homes cap limits assessment growth once you homestead
What to plan for
- prices run 71% above the statewide median in our coverage
- only about 2.7 months of supply, so choice is limited in the most popular price bands
- 80% of listings carry an HOA (median $141/month)
- property taxes reset to your purchase price, so never budget off the seller’s bill
Your Odessa relocation toolkit
Common questions about moving to Odessa
How much does a house cost in Odessa, FL?
What does it cost per month to own a home in Odessa?
What are property taxes like in Odessa?
Is Odessa a buyer's or seller's market right now?
Is there a lot of new construction in Odessa?
Does Florida have a state income tax?
Sales figures are Momentum Realty’s MLS record of closings in Odessa communities over the trailing 12 months (community snapshots as of their last refresh; price-band examples from the most recent closings on file); tax and insurance figures are Hillsborough County data. Estimates, not guarantees; verify before relying on them. General relocation guidance, not financial advice. Equal Housing Opportunity.