Balm Grove market snapshot (as of June 25, 2026): the median sale price is about $366K ($172 per sq ft), with homes averaging 56 days on market and 1.4 months of supply, a seller's market. Based on 101 recent closings in live Stellar MLS data.
Balm Grove is a new master-planned community in Wimauma, in the fast-growing southeast corner of Hillsborough County off Balm Road near Interstate 75 in the 33598 ZIP. It is being built by two of the nation's largest homebuilders, Lennar and D.R. Horton, as a community of more than 300 single-family homesites, with sales having launched in 2024.
The homes are new single-family residences across a range of one and two-story floor plans, commonly from roughly 1,500 to 3,900 square feet with three to six bedrooms, marketed at attainable price points for new construction. Because this is an active builder community, pricing moves with base prices, incentives, and phase releases rather than resale comps, and the model you tour may not reflect the standard finishes; confirm what is included and what is an upgrade.
Balm Grove is planned around a master-planned amenity package, with a future swimming pool, playground, dog park, and pickleball courts described in the community plans. As with most new master plans in this corridor, expect a homeowners association and, very likely, a Community Development District assessment funding the infrastructure; confirm the current HOA dues and the CDD bond and annual amount for a specific homesite in writing before you rely on them.
For buyers who want a brand-new home with a builder warranty, attainable pricing, and quick I-75 access to Tampa, Brandon, and the region's beaches, Balm Grove is a straightforward new-construction option. The work is comparing the builders, choosing the homesite and plan carefully, negotiating the incentives, and pricing the full carrying cost, CDD included, before you sign.