FAIRCREST I CONDO
Homes for Sale in TAMPA, FL
True comps, carrying-cost math, and listings before the portals.
Faircrest I is a small condo community in Tampa where every home dates to 1987 and runs close to 1,086 square feet, so the built product is essentially uniform. That means price here is driven almost entirely by condition and updates rather than floor plan or size. The median sits at $207,450, or about $193.89 per square foot, and with a spread this narrow the difference between a renovated unit and a dated one is where most of the negotiation lives.
With a median of 61 days on market, this is not a community that clears quickly, so buyers have room to inspect, compare, and hold their offer. Sellers should price to the condition of their unit and plan for a longer marketing window rather than a bidding war. The read is small-sample and slow-moving — treat comps carefully and lean on condition, not headline numbers.
The 60-Second Overview
FAIRCREST I CONDO market snapshot (as of August 2, 2026): the median sale price is about $207K ($194 per sq ft over the trailing 12 months of closed sales), and a median 61 days on market for closed sales.
FAIRCREST I CONDO is a community of 6 homes in TAMPA, Hillsborough County, built between 1987 and 1987 (median 1987.0), with a median living area of about 1,086 square feet. 67% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Faircrest I is a compact, single-vintage condo community in Hillsborough County where the homes are close in size and age, making updates and condition the real story behind any given price.
Who FAIRCREST I CONDO is best for.
Best for
- Buyers with a budget in the low-$200s looking for a right-sized condo
- Owner-occupants who want to live in the unit rather than lease it out
- Renovation-minded buyers willing to add value in a dated 1987 unit
Probably not for
- Buyers who need to resell fast and cannot absorb a two-month market
- Investors before confirming the association's leasing and rental rules
- Anyone wanting varied floor plans, newer construction, or larger square footage
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 ($207K) IS the median in the snapshot above.
Windows contain 0 to 6 sales each (4 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 2021 through 2026. Deemed reliable but not guaranteed.
23% of homes for sale in ZIP 33647 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).
The FAIRCREST I CONDO buying strategy.
If we were buying in FAIRCREST I CONDO 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 FAIRCREST I CONDO.
A single-vintage condo pocket
Because the entire community was built in 1987 and the units cluster around 1,086 square feet, buyers are effectively comparing the same box in different states of repair. That simplifies the shopping — you can focus on kitchens, baths, systems, and any deferred maintenance rather than debating layouts. It also means an HOA and building-age due diligence matter: ask about reserves, recent assessments, and roof and mechanical history before you commit.
The homestead share sits at roughly two-thirds, which tells you a meaningful portion of these units are owner-occupied rather than held as rentals. For a buyer who wants to live in the unit, that is worth confirming against the current rental and leasing rules in the association documents, since condo communities often cap investor activity.
The location and the amenities are priced into every listing in FAIRCREST I CONDO. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community this small and this uniform, the comps come down to a handful of closings, so a single dated or renovated sale can skew the picture. We read each unit against its actual condition and against the association's financials, and we help sellers set a realistic price for a market where the typical listing takes about two months to move.
FAIRCREST I CONDO 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 FAIRCREST I CONDO 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 FAIRCREST I CONDO sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in FAIRCREST I CONDO, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your FAIRCREST I CONDO home worth?
Get a no-obligation home value based on real comparable sales in FAIRCREST I CONDO, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in FAIRCREST I CONDO?
How long do homes in FAIRCREST I CONDO take to sell?
How many homes are in FAIRCREST I CONDO?
What share of FAIRCREST I CONDO is owner-occupied?
When were the homes in FAIRCREST I CONDO built?
Do cash buyers compete in FAIRCREST I CONDO?
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How do I find a top TAMPA real estate agent who knows FAIRCREST I CONDO?
Can Momentum Realty connect me with an agent for FAIRCREST I CONDO?
Should you buy in FAIRCREST I CONDO?
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 August 2, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (6 streets, ZIP 33647)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2021 (16 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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