CHERRY CREEK UNIT 3 in TAMPA

CHERRY CREEK UNIT 3
Homes for Sale in TAMPA, FL

Community in TAMPA · Hillsborough County · ZIP 33618
291 homesBuilt 1954–1980Median sale $452K
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Live Market Pulse
46/100
Market Heat
Near its long-run normal
2013 → 2026 · 91 at the 2022 peak
0 is CHERRY CREEK UNIT 3's coldest market since 2013, 100 its hottest. Today: 46. How it's scored
Built fromLive Stellar MLS data21 years of closingsFL DOR public recordsUpdated twice daily
Live · CHERRY CREEK UNIT 3 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$452K
Median sold · 12 mo
down 8.1% vs the prior 12 months
-8.1%
1-yr price change
n = 16 and 8 sales in the two windows
$281/sf
Sold $/sqft · 12 mo
peak $282 in 2025
96.7%
Sale vs ask
Tempo
0.7mo
Supply
3 to 6 months is the balanced band
40days
Median DOM · closed
5 days at the 2022 low
67%
Under contract
Hillsborough: 25% (2,098 of 8,357)
1 · 2
For sale · pending
live counts, refreshed twice daily
16
Sold · last 12 mo
10-yr average: about 7 a year
Ownership and context
77%
Owner-occupied · CHERRY CREEK UNIT 3
225 of 291 parcels homesteaded (FL DOR 2025)
23%
Non-owner-occupied · CHERRY CREEK UNIT 3
incl. 4% trust or LLC-held · 2% out-of-state
12%
Cash buyers · CHERRY CREEK UNIT 3
2 of 16 sales, 12 mo ending June 2026
291
Homes in the community
291 residential parcels (FL DOR 2025)
Track record · 21 years of records
Est. 1954
Community established
homes built 1954-1980, median 1975 (FL DOR 2025)
1
Failed listings · 2026
peaked at 12 in 2009
1,848sqft
Median sold home size
12-mo windows, closed sales
5.5%/yr
Turnover rate
about 16 of 291 homes trade a year
CHERRY CREEK UNIT 3 Housing Pulse · Momentum Research · as of August 2, 2026

CHERRY CREEK UNIT 3 right now

🟡 Balanced market. 0.7 months of supply and 67% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of August 2, 2026. Confidence: High (3 active and pending listings, 16 closed sales in 12 months).

🔴 Off the recent peak. The trailing-12-month median ($452K) is down 8.1% from the prior 12 months ($492K). With about 7 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Medium (16 and 8 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

CHERRY CREEK UNIT 3 market snapshot (as of August 2, 2026): the median sale price is about $452K ($281 per sq ft over the trailing 12 months of closed sales), a median 40 days on market for closed sales, and 0.7 months of supply, a balanced market. The trailing-12-month median is down 8% from the prior 12 months, computed from record-level Stellar MLS closed sales (16 closings in the current window).

CHERRY CREEK UNIT 3 is a community of 291 homes in TAMPA, Hillsborough County, built between 1954 and 1980 (median 1975), with a median living area of about 2,037 square feet. 77% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($452K) IS the median in the snapshot above, and the move from 2025 ($492K) IS the -8.1% one-year change.

Windows contain 0 to 16 sales each (16 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 2005 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$400K20122014201620182020202220242026
Down 8.1% year over year.
Every sale since 2005 · price vs size
$0$200K$400K$600K2k2k2k
121 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$200$30020122014201620182020202220242026
Up from $82 in 2012 to a $282 peak in 2025; $281 now.
Median days on market · closed sales
05010020122014201620182020202220242026
5 days at the 2022 low; 40 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
96.7% now.
Homes sold per 12-mo window
05101520122014201620182020202220242026
0 to 16 a year; 16 in the current window.
Sellers who gave up · failed listings per year
05102004200820122016202020242026
Canceled, expired, or withdrawn. 12 quit in 2009; 1 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201420162018202220242026
91 at the 2022 peak, 17 in the troughs, 46 now. Same score as the hero card, full history.
How much local inventory is already under contract

32% of homes for sale in ZIP 33618 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-01).

CHERRY CREEK UNIT 3 Market Scorecard

Balanced

CHERRY CREEK UNIT 3 is currently a balanced market. About 0.7 months of supply, a median asking price of $589,999, and homes go under contract in about 31 days.

0.7
Months supply
$589,999
Median list
$452,500
Median sold
$332
List $/sqft
31
Days on mkt
1/1/21
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in CHERRY CREEK UNIT 3, TAMPA

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 14 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-08-24)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

Homes For Sale Right Now in CHERRY CREEK UNIT 3

Live MLS inventory for CHERRY CREEK UNIT 3. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending CHERRY CREEK UNIT 3 listings as of 2026-08-23, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2005 through 2026. Tap any home to ask about it.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

If we were buying in CHERRY CREEK UNIT 3 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 3.

A closer look at the CHERRY CREEK UNIT 3 market

At a median of $281 per square foot, CHERRY CREEK UNIT 3 prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

Inventory runs at 0.7 months of supply, a balanced market and the trailing-12-month median down 8% year over year. Homes that do trade take a median 40 days on market, useful leverage on any listing that has lingered.

The housing stock is 291 homes built between 1954 and 1980, and 77% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in CHERRY CREEK UNIT 3. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
7.2B · Buy Score
Recent Direction4.0/10
Liquidity & Demand9.3/10
Owner Commitment7.7/10
Pricing Power7.8/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (7.2). Basis: Recent Direction -8.1% year-over-year; Liquidity & Demand 0.7 months of supply; Owner Commitment 77% owner-occupied; Pricing Power 96.7% sale-to-list. Refreshed with each data update.

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 3 sales matched to your home.

What is your CHERRY CREEK UNIT 3 home worth?

Get a no-obligation home value based on real comparable sales in CHERRY CREEK UNIT 3, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in CHERRY CREEK UNIT 3 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in CHERRY CREEK UNIT 3?
The median sale price in CHERRY CREEK UNIT 3 was $452K over the 12 months ending August 2, 2026 (16 closed sales, Stellar MLS).
How long do homes in CHERRY CREEK UNIT 3 take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 40 days on market (16 sales, Stellar MLS).
Is CHERRY CREEK UNIT 3 a buyer's or seller's market right now?
As of August 2, 2026, CHERRY CREEK UNIT 3 is roughly balanced: 0.7 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in CHERRY CREEK UNIT 3?
The Florida DOR 2025 assessment roll shows 291 homes in CHERRY CREEK UNIT 3 (public records).
What share of CHERRY CREEK UNIT 3 is owner-occupied?
77% of CHERRY CREEK UNIT 3 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 3 built?
Homes in CHERRY CREEK UNIT 3 were built between 1954 and 1980, with a median year built of 1975 (FL DOR 2025 roll).
Do cash buyers compete in CHERRY CREEK UNIT 3?
Cash buyers took 12% of CHERRY CREEK UNIT 3 sales in the 12 months ending June 2026 (2 of 16 closings, Stellar MLS).
Who is the best real estate agent for CHERRY CREEK UNIT 3?
The best agent for CHERRY CREEK UNIT 3 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 3.
How do I find a top TAMPA real estate agent who knows CHERRY CREEK UNIT 3?
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 3 and the wider TAMPA area.
Can Momentum Realty connect me with an agent for CHERRY CREEK UNIT 3?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your CHERRY CREEK UNIT 3 purchase or sale - no call center and no pressure.

Nearby Communities

Explore more neighborhoods near CHERRY CREEK UNIT 3 with Momentum Realty’s local guides.

Retreat At Carrollwood Tampa0.5 mi awayLake Magdalene Manors Tampa0.9 mi awayCarrollwood Cove At Emerald Gr Tampa0.9 mi awayLake Magdalene Arms Estates Sc 1 Tampa1.0 mi awayHillandale Reserve Ph 2 3 Tampa1.2 mi awayMonaco Gardens Unit One Tampa1.4 mi awayCCCountry Club Village At Carrollwood1.5 mi awayCarrollwood Village1.6 mi away

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: August 2, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2005 (121 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.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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CallFree valuation →
Thinking of selling in CHERRY CREEK UNIT 3? 16 recorded closings; median 39 days on market (window ending 2026-08-02). See the Hillsborough County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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