HERITAGE ISLES in TAMPA

HERITAGE ISLES
Homes for Sale in TAMPA, FL

Community in TAMPA · Hillsborough County · ZIP 32940
1,006 homesBuilt 1999–2010Median sale $429K
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Live Market Pulse
70/100
Market Heat
Hotter than normal
2013 → 2026 · 86 at the 2022 peak
0 is HERITAGE ISLES's coldest market since 2013, 100 its hottest. Today: 70. How it's scored
Built fromLive Stellar MLS data22 years of closingsFL DOR public recordsUpdated twice daily
Live · HERITAGE ISLES Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$429K
Median sold · 12 mo
up 3.4% vs the prior 12 months
+3.4%
1-yr price change
n = 22 and 21 sales in the two windows
$218/sf
Sold $/sqft · 12 mo
peak $221 in 2023
97.4%
Sale vs ask
+172%
T12M median vs 2012
from a $158K median in 2012
Tempo
5.8mo
Supply
3 to 6 months is the balanced band
13days
Median DOM · closed
5 days at the 2022 low
29%
Under contract
Hillsborough: 25% (2,098 of 8,357)
12 · 5
For sale · pending
live counts, refreshed twice daily
22
Sold · last 12 mo
10-yr average: about 21 a year
Ownership and context
73%
Owner-occupied · HERITAGE ISLES
731 of 1006 parcels homesteaded (FL DOR 2025)
27%
Non-owner-occupied · HERITAGE ISLES
incl. 3% trust or LLC-held · 6% out-of-state
11%
Cash buyers · HERITAGE ISLES
3 of 27 sales, 12 mo ending June 2026
1,006
Homes in the community
1006 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1999
Community established
homes built 1999-2010, median 2003 (FL DOR 2025)
5
Failed listings · 2026
peaked at 157 in 2006
2,070sqft
Median sold home size
12-mo windows, closed sales
2.2%/yr
Turnover rate
about 22 of 1006 homes trade a year
HERITAGE ISLES Housing Pulse · Momentum Research · as of August 2, 2026

HERITAGE ISLES right now

🟡 Balanced market. 5.8 months of supply and 29% 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: Very High (17 active and pending listings, 22 closed sales in 12 months).

🟡 Still climbing. The trailing-12-month median ($429K) is up 3.4% from the prior 12 months ($415K) and up 172% since 2012. With about 21 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: High (22 and 21 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

HERITAGE ISLES market snapshot (as of August 2, 2026): the median sale price is about $429K ($218 per sq ft over the trailing 12 months of closed sales), a median 13 days on market for closed sales, and 5.8 months of supply, a balanced market. The trailing-12-month median is up 3% from the prior 12 months and up 172% since 2012, computed from record-level Stellar MLS closed sales (22 closings in the current window).

HERITAGE ISLES is a community of 1,006 homes in TAMPA, Hillsborough County, built between 1999 and 2010 (median 2003), with a median living area of about 2,411 square feet. 73% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 61 sales each (22 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 2004 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$400K20122014201620182020202220242026
Up 3.4% year over year; up 172% since 2012.
Every sale since 2004 · price vs size
$0$250K$500K$750K2k4k
330 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$50$100$150$20020122014201620182020202220242026
Up from $78 in 2012 to a $221 peak in 2023; $218 now.
Median days on market · closed sales
05010020122014201620182020202220242026
5 days at the 2022 low; 13 now.
Sale price vs original ask · median
95%98%100%20122014201620182020202220242026
97.4% now.
Homes sold per 12-mo window
020406020122014201620182020202220242026
0 to 61 a year; 22 in the current window.
Sellers who gave up · failed listings per year
0501001502004200820122016202020242026
Canceled, expired, or withdrawn. 157 quit in 2006; 5 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201420162018202220242026
86 at the 2022 peak, 26 in the troughs, 70 now. Same score as the hero card, full history.

Heritage Isles Market Scorecard

Balanced

Heritage Isles is currently a balanced market. About 5.0 months of supply, a median asking price of $582,495, and homes go under contract in about 5 days.

5.0
Months supply
$582,495
Median list
$455,000
Median sold
$209
Per sqft
5
Days on mkt
12/6/29
Active/Pend/Sold

Typical home value in the 33647 ZIP is $471,708, about 9.8% below the Florida norm (Zillow Home Value Index).

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

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in HERITAGE ISLES, TAMPA

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

Active inventory in distress
2.17%
1 of 46 listings · short sale 1
Distress share trend - 2.17% now (2026-08-10 → 2026-08-23)

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 HERITAGE ISLES

Live MLS inventory for HERITAGE ISLES. 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 HERITAGE ISLES listings as of 2026-08-23, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2004 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.

Schools

In short
  • Hillsborough County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Heritage-HB · Elementary
  • Benito-HB · Middle
  • Wharton-HB · High

Zoned schools reflect the assignments reported on recent HERITAGE ISLES listings and can change; always confirm with Hillsborough County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any HERITAGE ISLES address.

Recent Developments in Heritage Isles

Development, infrastructure, retail, and school activity affecting Heritage Isles, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

Dev Momentum69/100 · Active
  1. July 2026
    Development

    33-story tower planned for Water Street Tampa expansion

    Strategic Property Partners plans a 33-story mixed use tower at Water Street and Cumberland Avenue in downtown Tampa on a 1.9-acre site. The building would hold 452 residential units ranging from studios to three bedrooms plus about 37,000 square feet of retail and 645 parking spaces. Construction is scheduled to begin in spring 2027 with completion targeted for 2029.

    What it may mean for the marketAdds a 33 story tower with 452 residential units and ground floor retail to the downtown Tampa market, continuing the buildout of the Water Street district and expanding high rise housing supply. The project is about 17 miles southwest of Heritage Isles, elsewhere in Hillsborough County.

    Source: Florida YIMBY
  2. July 2026
    Development

    Mercy Oaks II affordable apartments open on North Florida Avenue

    Catholic Charities, with the City of Tampa and Hillsborough County, completed Mercy Oaks II, a 17-unit affordable apartment building on North Florida Avenue in East Tampa built on the site of a former strip mall. The project includes 15 one-bedroom and two two-bedroom units, with seven units serving households up to 80 percent of area median income and ten up to 50 percent. It was supported by 1.25 million dollars in state SHIP funds from the city and sits next to the 20-unit Mercy Oaks I completed in 2022.

    What it may mean for the marketAdds 17 income restricted apartments on a former strip mall site, expanding the affordable rental supply and converting vacant commercial land to housing. The project is about 13 miles southwest of Heritage Isles, elsewhere in Hillsborough County.

    Source: City of Tampa
  3. July 2026
    Builder Activity

    First 3D-printed affordable home nears completion in East Tampa

    The nonprofit Corporation to Develop Communities of Tampa is completing Tampa's first 3D-printed affordable home on Lurline Circle in East Tampa, using a gantry-style printer that layers concrete for the walls. The house is expected to be finished within weeks and listed for sale in about two months, with down payment assistance and first time homebuyer programs available. The effort is part of a broader CDC initiative that includes more than 90 multifamily units in East Tampa.

    What it may mean for the marketIntroduces 3D concrete printing construction to the local for sale housing market, with a new single family home and additional multifamily units planned. The method signals a new building technique entering the area home supply. The project is about 13 miles southwest of Heritage Isles, elsewhere in Hillsborough County.

    Source: Bay News 9
  4. January 2026
    Development

    Flagship breaks ground on 46,000-square-foot Wiregrass Ranch Medical Pavilion in Wesley Chapel

    Flagship Healthcare Properties broke ground in January 2026 on a 46,000-square-foot medical pavilion at Wiregrass Ranch in Wesley Chapel, adding outpatient medical space to the growing State Road 56 corridor.

    What it may mean for the marketAdded outpatient medical space along the State Road 56 corridor deepens healthcare access and professional employment in Wesley Chapel, an amenity factor that can support nearby housing demand. The site is about 5 miles northwest of Heritage Isles.

    Source: HCO News

Development alerts for Heritage IslesGet a short monthly email when something new is approved, funded, or opens near Heritage Isles.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in HERITAGE ISLES 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 HERITAGE ISLES.

A closer look at the HERITAGE ISLES market

At a median of $218 per square foot, HERITAGE ISLES 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 5.8 months of supply, a balanced market and the trailing-12-month median up 3% year over year. Homes that do trade take a median 13 days on market, useful leverage on any listing that has lingered.

The housing stock is 1,006 homes built between 1999 and 2010, and 73% 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 HERITAGE ISLES. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
7.3B · Buy Score
Long-Term Appreciation9.9/10
Recent Direction6.8/10
Liquidity & Demand4.2/10
Owner Commitment7.3/10
Pricing Power8.3/10

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 5 factors (7.3). Basis: Long-Term Appreciation +172% since 2012; Recent Direction +3.4% year-over-year; Liquidity & Demand 5.8 months of supply; Owner Commitment 73% owner-occupied; Pricing Power 97.4% 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 HERITAGE ISLES sales matched to your home.

What is your HERITAGE ISLES home worth?

Get a no-obligation home value based on real comparable sales in HERITAGE ISLES, 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 HERITAGE ISLES on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in HERITAGE ISLES?
The median sale price in HERITAGE ISLES was $429K over the 12 months ending August 2, 2026 (22 closed sales, Stellar MLS).
How long do homes in HERITAGE ISLES take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 13 days on market (22 sales, Stellar MLS).
Is HERITAGE ISLES a buyer's or seller's market right now?
As of August 2, 2026, HERITAGE ISLES is roughly balanced: 5.8 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in HERITAGE ISLES?
The Florida DOR 2025 assessment roll shows 1,006 homes in HERITAGE ISLES (public records).
What share of HERITAGE ISLES is owner-occupied?
73% of HERITAGE ISLES parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in HERITAGE ISLES built?
Homes in HERITAGE ISLES were built between 1999 and 2010, with a median year built of 2003 (FL DOR 2025 roll).
Do cash buyers compete in HERITAGE ISLES?
Cash buyers took 11% of HERITAGE ISLES sales in the 12 months ending June 2026 (3 of 27 closings, Stellar MLS).
Have HERITAGE ISLES home prices gone up?
The trailing-12-month median is up 172% since 2012, from $158K to $429K (Stellar MLS closed records).
Who is the best real estate agent for HERITAGE ISLES?
The best agent for HERITAGE ISLES 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 HERITAGE ISLES.
How do I find a top TAMPA real estate agent who knows HERITAGE ISLES?
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 HERITAGE ISLES and the wider TAMPA area.
Can Momentum Realty connect me with an agent for HERITAGE ISLES?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your HERITAGE ISLES purchase or sale - no call center and no pressure.

Nearby Communities

Explore more neighborhoods near HERITAGE ISLES with Momentum Realty’s local guides.

Nassau Pointe Twnhomes At Heri Tampa0.8 mi awayCross Creek Tampa0.9 mi awayNassau Pt Th Heritage Is0.9 mi awayStonecreek Twnhms Tampa1.1 mi awayK Bar Ranch1.1 mi awayArbor Greene1.4 mi awayMBMorris Bend Tampa1.8 mi awayPebble Creek Village2.0 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 (street-list match (21 streets, ZIP 32940/33572/33624/33647/33674))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2004 (330 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.

Looking to buy here? Search homes for sale →

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Heritage Isles appears in these guides

Thinking of selling in HERITAGE ISLES? 22 recorded closings; median 12 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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