Graceland Estates
Homes for Sale in Thonotosassa, FL

Graceland Estates Phase 3 sits in Thonotosassa, Hillsborough County, and current MLS records show minimal recent turnover — a market where each listing has to be evaluated largely on its own merits rather than against a deep pool of recent comparables.

Stellar MLS sales records identify 22 homes in Graceland Estates that have changed hands since 2021, built between 2020 and 2026 (median 2025), with a median living area of about 3,130 sq ft and a typical 4-bedroom, 3-bath layout; 95% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Graceland Estates is too small for its own price trend, so here is the market around it.

In ZIP 33592, 60 homes are on the market and 20% are under contract — a steady corner of Thonotosassa.

Across Hillsborough County, 6,274 homes are active and 1,939 pending (24% under contract).

In ZIP 33592 (Thonotosassa), 82 homes closed in the last 12 months at a median of $740K ($232/sq ft), down 5.1% year over year, with a median 42 days on market. Right now 14 active and 1 pending listings put supply at about 7.7 months — a buyer's market. See the live ZIP 33592 housing market and the Hillsborough County market.

ZIP and county figures describe the wider market, not Graceland Estates specifically. Momentum Research analysis of MLS records.

With only one closing in the most recent window, this is not a community where trend lines or price patterns can be drawn with confidence. That is not necessarily a red flag — smaller phases and lower-turnover pockets often look this way — but it does mean buyers and sellers should treat any pricing guidance as directional rather than precise.

No community amenities are identified from current MLS listings, so this appears to be a straightforward residential phase without a clubhouse, pool, or similar shared facility built into the listings data. Anyone evaluating the area should confirm lot size, home condition, and any deed restrictions directly, since the MLS snapshot alone does not surface those details here.

In a community with this little recent transaction history, the value of local, hands-on analysis goes up, not down. We pull comparables from the broader Thonotosassa and Hillsborough County market to give you a grounded read on pricing, rather than relying on a single data point that may not represent what your home — or your target purchase — is actually worth.

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