Diamond Hill Ph 2
Homes for Sale in Valrico, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Diamond Hill Ph 2 is a mid-2000s subdivision in Valrico, with homes built between 2003 and 2008 and a median just over 2,560 square feet. At a median of $410,000, or about $187 per square foot, price here is driven more by condition and updating than by age or location variance — the housing stock is close in vintage, so a renovated interior is what separates one closing from the next.
The market posture is measured. Prices are essentially flat year over year, down 0.7%, and the median home is taking around 43 days to sell. That is not a market rewarding aggressive pricing. Sellers should expect to earn their number with a clean, well-presented home; buyers have enough time on the clock to inspect carefully and negotiate rather than chase.
Diamond Hill Ph 2 right now
🟡 Still climbing. The trailing-12-month median ($430K) is up 1.7% from the prior 12 months ($423K). With about a dozen 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 July 15. Confidence: Medium (14 and 15 sales in the two windows).
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Updated July 15, 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
Diamond Hill Ph 2 market snapshot (as of July 15, 2026): the median sale price is about $430K ($204 per sq ft over the trailing 12 months of closed sales), and a median 46 days on market for closed sales. The trailing-12-month median is up 2% from the prior 12 months, computed from record-level Stellar MLS closed sales (14 closings in the current window).
Diamond Hill Ph 2 is a community of 538 homes in Valrico, Hillsborough County, built between 1926 and 2020 (median 2005), with a median living area of about 2,338 square feet. 68% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
This is a stable, single-vintage community of 333 homes where most owners occupy the property — the homestead share sits near 65% — which tends to keep turnover and investor churn low.
Who Diamond Hill Ph 2 is best for.
Best for
- Buyers wanting 2,500-plus square feet around the $410,000 median in a settled, established subdivision
- Renovation-minded buyers looking to buy on condition and add value through updates
- Buyers who value a stable, mostly owner-occupied community over turnover and speculation
Probably not for
- Buyers set on new construction or the latest floor plans and finishes
- Investors chasing quick appreciation in a market that is essentially flat
- Buyers unwilling to budget for aging roofs and systems on a 2003–2008 home
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($430K) IS the median in the snapshot above, and the move from 2025 ($423K) IS the +1.7% one-year change.
Windows contain 0 to 38 sales each (14 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.
The Diamond Hill Ph 2 buying strategy.
If we were buying in Diamond Hill Ph 2 today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Diamond Hill Ph 2.
A condition-driven resale market
Because the homes cluster in a tight 2003–2008 build window around a 2005 median, buyers are comparing floor plans of similar size and era rather than weighing new construction against old. That narrows the conversation to updates: kitchens, baths, roofs, and systems now old enough to matter. The spread in outcomes comes from what has been maintained or renovated, not from wildly different products.
A median of 43 days on market, paired with a slightly negative year-over-year move, signals a market that has cooled from any frenzy into something more deliberate. Homes priced to condition are moving; homes priced to hope are sitting. The roughly two-thirds homestead share suggests a settled ownership base, which typically means steadier inventory and fewer distressed listings competing on price.
The location and the amenities are priced into every listing in Diamond Hill Ph 2. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Diamond Hill Ph 2 buys, holds, and resells. Momentum Research; not an appraisal.
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 3 factors (7.2). Basis: Recent Direction +1.7% year-over-year; Owner Commitment 68% owner-occupied; Pricing Power 97.4% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a condition-driven market like this one, pricing is won on the details — which updates actually move a buyer and which do not. We price against comparable floor plans of the same vintage, tell sellers plainly where their home sits on the condition curve, and give buyers the room a 43-day market allows to inspect and negotiate instead of overpay.
Diamond Hill Ph 2 in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Diamond Hill Ph 2 buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Diamond Hill Ph 2 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Diamond Hill Ph 2, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Diamond Hill Ph 2 home worth?
Get a no-obligation home value based on real comparable sales in Diamond Hill Ph 2, 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 Diamond Hill Ph 2 on the map →
Frequently Asked Questions
What is the median home price in Diamond Hill Ph 2?
How long do homes in Diamond Hill Ph 2 take to sell?
How many homes are in Diamond Hill Ph 2?
What share of Diamond Hill Ph 2 is owner-occupied?
When were the homes in Diamond Hill Ph 2 built?
Do cash buyers compete in Diamond Hill Ph 2?
Who is the best real estate agent for Diamond Hill Ph 2?
How do I find a top Valrico real estate agent who knows Diamond Hill Ph 2?
Can Momentum Realty connect me with an agent for Diamond Hill Ph 2?
Should you buy in Diamond Hill Ph 2?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (9 streets, ZIP 33527/33594/33596/33694/3527)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2004 (232 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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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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