Cherry Creek Unit 2
Homes for Sale in Tampa, FL

Community in Tampa · Hillsborough County
109 homesBuilt 1972–1980Median sale $465K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data20 years of closingsFL DOR public recordsUpdated twice daily
Live · Cherry Creek Unit 2 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$465K
Median sold · 12 mo
$253/sf
Sold $/sqft · 12 mo
peak $253 in 2026
84.7%
Sale vs ask
Hillsborough median: 95.9%
Tempo
95days
Median DOM · closed
95 days at the 2026 low
3
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
80%
Owner-occupied · Cherry Creek Unit 2
87 of 109 parcels homesteaded (FL DOR 2025)
20%
Non-owner-occupied · Cherry Creek Unit 2
incl. 6% trust or LLC-held · 3% out-of-state
0%
Cash buyers · Cherry Creek Unit 2
0 of 3 sales, 12 mo ending June 2026
109
Homes in the community
109 residential parcels (FL DOR 2025)
Track record · 20 years of records
Est. 1972
Community established
homes built 1972-1980, median 1975 (FL DOR 2025)
1
Failed listings · 2026
peaked at 3 in 2011
1,994sqft
Median sold home size
12-mo windows, closed sales
2.8%/yr
Turnover rate
about 3 of 109 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by condition, not by any single floor plan or premium tier. These are 1970s homes, built between 1972 and 1980, with a median just over 2,100 square feet, so what separates one closing from the next is how much updating has already been done. The median sits at $465,000, and the spread around it reflects renovation status more than location within the community.

The market posture is slow and deliberate. Median days on market is 95, which is a long runway by current standards, and only a handful of homes have closed in the trailing window. Sellers should expect to price carefully and wait; buyers have room to inspect, negotiate, and walk without pressure.

The 60-Second Overview

Cherry Creek Unit 2 market snapshot (as of July 13, 2026): the median sale price is about $465K ($253 per sq ft over the trailing 12 months of closed sales), and a median 95 days on market for closed sales.

Cherry Creek Unit 2 is a community of 109 homes in Tampa, Hillsborough County, built between 1972 and 1980 (median 1975), with a median living area of about 2,116 square feet. 80% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Cherry Creek Unit 2 is a small, established pocket of roughly 109 homes in Tampa's Hillsborough County, built out over the 1970s. With nearly 80% homesteaded, this is a stable, owner-occupied enclave rather than a fast-turning market.

Best for

  • Buyers wanting a settled neighborhood and willing to update a 1970s home over time
  • Long-hold owner-occupants who value low turnover and larger square footage
  • Renovation-minded buyers with an inspection budget for older systems

Probably not for

  • Buyers who need move-in-ready finishes with no deferred maintenance
  • Anyone needing a fast purchase or fast resale in a deep, liquid market
  • Buyers seeking new construction or modern floor plans

Windows contain 0 to 3 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
012320122014201620182020202220242026
0 to 3 a year; 3 in the current window.
Sellers who gave up · failed listings per year
012320082010201420242026
Canceled, expired, or withdrawn. 3 quit in 2011; 1 so far in 2026. The clearest stress gauge a community has.

If we were buying in Cherry Creek Unit 2 today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Cherry Creek Unit 2.

Best Buy
Buyers who want established square footage and are comfortable with 1970s systems.
Biggest Risk
Thin sales volume and a long 95-day market make pricing tricky.
Sweet Spot
An updated home near the $465,000 median with major systems already handled.
Avoid If
You need a quick, competitive resale or move-in-ready with zero renovation.

A condition-driven 1970s market

The homestead share near 80% tells you most of what you need to know about turnover: owners tend to stay, and inventory trickles rather than floods. That scarcity is one reason the community holds together, but it also means comparable sales are thin, and a single dated or updated listing can skew what a buyer thinks the market is.

At a median of about $253 per square foot on 1970s construction, you are paying for a settled location and solid square footage, not for new systems. Expect original components on the untouched homes and real variance in finish level. Budget for inspection and, where needed, for roofs, HVAC, and plumbing typical of homes of this age.

The location and the amenities are priced into every listing in Cherry Creek Unit 2. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Thin closing volume and a 95-day median make pricing and negotiation the whole game in Cherry Creek Unit 2. We read the individual comps against actual condition rather than lean on a headline number, so sellers price to the market they are actually in and buyers avoid overpaying for someone else's deferred maintenance.

Cherry Creek Unit 2 in 15 seconds.

Best forBuyers who want established square footage and are comfortable with 1970s systems.
Biggest advantageA stable, owner-occupied enclave where inventory rarely floods.
Biggest riskThin sales volume and a long 95-day market make pricing tricky.
Sweet spotAn updated home near the $465,000 median with major systems already handled.
Avoid ifYou need a quick, competitive resale or move-in-ready with zero renovation.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Cherry Creek Unit 2 sales matched to your home.

What is your Cherry Creek Unit 2 home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Cherry Creek Unit 2?
The median sale price in Cherry Creek Unit 2 was $465K over the 12 months ending July 13, 2026 (3 closed sales, Stellar MLS).
How long do homes in Cherry Creek Unit 2 take to sell?
Homes that closed in the 12 months ending July 13, 2026 took a median 95 days on market (3 sales, Stellar MLS).
How many homes are in Cherry Creek Unit 2?
The Florida DOR 2025 assessment roll shows 109 homes in Cherry Creek Unit 2 (public records).
What share of Cherry Creek Unit 2 is owner-occupied?
80% of Cherry Creek Unit 2 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Cherry Creek Unit 2 built?
Homes in Cherry Creek Unit 2 were built between 1972 and 1980, with a median year built of 1975 (FL DOR 2025 roll).
Do cash buyers compete in Cherry Creek Unit 2?
Cash buyers took 0% of Cherry Creek Unit 2 sales in the 12 months ending June 2026 (0 of 3 closings, Stellar MLS).
Who is the best real estate agent for Cherry Creek Unit 2?
The best agent for Cherry Creek Unit 2 is one who actively works Tampa and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Cherry Creek Unit 2.
How do I find a top Tampa real estate agent who knows Cherry Creek Unit 2?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Cherry Creek Unit 2 and the wider Tampa area.
Can Momentum Realty connect me with an agent for Cherry Creek Unit 2?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Cherry Creek Unit 2 purchase or sale - no call center and no pressure.
Buyers wanting a settled neighborhood and willing to update a 1970s home over timeExcellent fit
Long-hold owner-occupants who value low turnover and larger square footageExcellent fit
Renovation-minded buyers with an inspection budget for older systemsExcellent fit
Buyers who need move-in-ready finishes with no deferred maintenanceProbably not
Anyone needing a fast purchase or fast resale in a deep, liquid marketProbably not
Buyers seeking new construction or modern floor plansProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 13, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 33618))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2006 (11 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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