Kings Mill Ph 02
Homes for Sale in Valrico, FL

Community in Valrico · Hillsborough County
280 homesBuilt 2004–2006Median sale $205K
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Live Market Pulse
30/100
Market Heat
Cooler than normal
2015 → 2026 · 89 at the 2022 peak
0 is Kings Mill Ph 02's coldest market since 2015, 100 its hottest. Today: 30. How it's scored
Built fromLive Stellar MLS data21 years of closingsFL DOR public recordsUpdated twice daily
Live · Kings Mill Ph 02 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$205K
Median sold · 12 mo
down 4.7% vs the prior 12 months
-4.7%
1-yr price change
n = 3 and 12 sales in the two windows
$135/sf
Sold $/sqft · 12 mo
peak $170 in 2023
95.5%
Sale vs ask
Hillsborough median: 95.9%
Tempo
85days
Median DOM · closed
5 days at the 2022 low
3
Sold · last 12 mo
10-yr average: about 6 a year
Ownership and context
28%
Owner-occupied · Kings Mill Ph 02
78 of 280 parcels homesteaded (FL DOR 2025)
72%
Non-owner-occupied · Kings Mill Ph 02
incl. 12% trust or LLC-held · 23% out-of-state
33%
Cash buyers · Kings Mill Ph 02
1 of 3 sales, 12 mo ending June 2026
280
Homes in the community
280 residential parcels (FL DOR 2025)
Track record · 21 years of records
Est. 2004
Community established
homes built 2004-2006, median 2005 (FL DOR 2025)
3
Failed listings · 2026
peaked at 56 in 2006
1,560sqft
Median sold home size
12-mo windows, closed sales
1.1%/yr
Turnover rate
about 3 of 280 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Kings Mill Ph 02 is a tight, single-vintage pocket in Valrico — 152 homes built across 2005 and 2006, with a median living area right around 1,513 square feet. When the floor plans and the build years are this uniform, price is driven less by the bones and more by condition and updates. Two homes on the same street can trade well apart based on kitchens, roofs, flooring, and how the mechanicals have been kept.

There were no closings in the current window, so this is a read on posture rather than fresh comps. That cuts both ways: sellers should price against what's genuinely comparable and expect condition to be scrutinized, and buyers have room to underwrite carefully rather than chase a hot tape. Bring a real inspection lens to homes now roughly two decades old.

Kings Mill Ph 02 Housing Pulse · Momentum Research · as of July 15, 2026

Kings Mill Ph 02 right now

🟡 Off the recent peak. The trailing-12-month median ($205K) is down 4.7% from the prior 12 months ($215K). With about 6 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: Low (3 and 12 sales in the two windows).

What's unique here: the median sale price is about 48% below the typical Hillsborough County sale ($205K vs $395K, trailing 12 months, Stellar MLS records).

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

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

Kings Mill Ph 02 market snapshot (as of July 15, 2026): the median sale price is about $205K ($135 per sq ft over the trailing 12 months of closed sales), and a median 85 days on market for closed sales. The trailing-12-month median is down 5% from the prior 12 months, computed from record-level Stellar MLS closed sales (3 closings in the current window).

Kings Mill Ph 02 is a community of 280 homes in Valrico, Hillsborough County, built between 2004 and 2006 (median 2005.0), with a median living area of about 1,513 square feet. 28% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is a homogeneous, mid-2000s subdivision where the homes are more alike than different, so the practical shopping happens at the level of upkeep and finishes rather than layout. With a homestead share near 30%, a meaningful portion of the homes here are held as something other than primary residences.

Best for

  • Buyers seeking a modestly sized, single-family home and willing to price the value of updates versus original finishes
  • Owner-occupants who want a primary residence in a consistent Valrico subdivision and will hold for the medium term
  • Value-minded buyers comfortable budgeting for roof and system replacement on a mid-2000s home

Probably not for

  • Buyers who need a large living area well above the ~1,513-square-foot median here
  • Anyone wanting a broad menu of distinct floor plans or newer construction
  • Short-horizon buyers counting on quick resale in a community with no recent closings to lean on

Windows contain 0 to 15 sales each (3 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.

Median sale price · trailing 12 mo
$100K$150K$200K$250K20122014201620182020202220242026
Down 4.7% year over year.
Every sale since 2005 · price vs size
$0$100K$200K1k1k2k2k
83 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$50$100$15020122014201620182020202220242026
Up from $54 in 2012 to a $170 peak in 2023; $135 now.
Median days on market · closed sales
025507520122014201620182020202220242026
5 days at the 2022 low; 85 now.
Sale price vs original ask · median
95%100%20122014201620182020202220242026
95.5% now vs Hillsborough 95.9%.
Homes sold per 12-mo window
05101520122014201620182020202220242026
0 to 15 a year; 3 in the current window.
Sellers who gave up · failed listings per year
0204060200820122016202020242026
Canceled, expired, or withdrawn. 56 quit in 2006; 3 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2016202220242026
89 at the 2022 peak, 27 in the troughs, 30 now. Same score as the hero card, full history.

If we were buying in Kings Mill Ph 02 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 Kings Mill Ph 02.

Best Buy
Buyers who want a consistent, mid-2000s single-family layout without the guesswork of mixed vintages.
Biggest Risk
Homes are now roughly two decades old, so major systems and roofs are the swing factor on both price and cost.
Sweet Spot
A well-maintained or thoughtfully updated home that stands out in an otherwise similar field.
Avoid If
You need a large footprint or a wide range of distinct floor plans to choose from.

A single-vintage community priced on condition

Because everything went up in 2005–2006 to a median footprint of about 1,513 square feet, Kings Mill Ph 02 reads as a consistent product. That consistency helps buyers compare apples to apples, but it also means the differentiator is wear and updates. Roofs, HVAC systems, and water heaters from the original build era are now at or past the point where replacement matters, and that shows up directly in what a home should command.

With homestead status on roughly 30% of the 152 homes, a real share of the stock is non-owner-occupied. For a buyer, that can mean variability in how individual homes have been maintained. For a seller, it means your competition may include homes positioned for different goals — price and present accordingly, and let a well-kept home stand out on condition.

The location and the amenities are priced into every listing in Kings Mill Ph 02. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
4.9C- · Buy Score
Recent Direction4.8/10
Owner Commitment2.8/10
Pricing Power7.0/10

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 3 factors (4.9). Basis: Recent Direction -4.7% year-over-year; Owner Commitment 28% owner-occupied; Pricing Power 95.5% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a community this uniform and this quiet on closings, the value is in the read, not the spreadsheet. We help sellers position on condition and updates rather than square footage they can't change, and we help buyers underwrite the real cost of a two-decade-old home — roof, systems, and deferred maintenance — before they commit.

Kings Mill Ph 02 in 15 seconds.

Best forBuyers who want a consistent, mid-2000s single-family layout without the guesswork of mixed vintages.
Biggest advantageA uniform product makes apples-to-apples comparison straightforward.
Biggest riskHomes are now roughly two decades old, so major systems and roofs are the swing factor on both price and cost.
Sweet spotA well-maintained or thoughtfully updated home that stands out in an otherwise similar field.
Avoid ifYou need a large footprint or a wide range of distinct floor plans to choose from.

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 Kings Mill Ph 02 sales matched to your home.

What is your Kings Mill Ph 02 home worth?

Get a no-obligation home value based on real comparable sales in Kings Mill Ph 02, 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 Kings Mill Ph 02 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Kings Mill Ph 02?
The median sale price in Kings Mill Ph 02 was $205K over the 12 months ending July 15, 2026 (3 closed sales, Stellar MLS).
How long do homes in Kings Mill Ph 02 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 85 days on market (3 sales, Stellar MLS).
How many homes are in Kings Mill Ph 02?
The Florida DOR 2025 assessment roll shows 280 homes in Kings Mill Ph 02 (public records).
What share of Kings Mill Ph 02 is owner-occupied?
28% of Kings Mill Ph 02 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Kings Mill Ph 02 built?
Homes in Kings Mill Ph 02 were built between 2004 and 2006, with a median year built of 2005.0 (FL DOR 2025 roll).
Do cash buyers compete in Kings Mill Ph 02?
Cash buyers took 33% of Kings Mill Ph 02 sales in the 12 months ending June 2026 (1 of 3 closings, Stellar MLS).
Who is the best real estate agent for Kings Mill Ph 02?
The best agent for Kings Mill Ph 02 is one who actively works Valrico 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 Kings Mill Ph 02.
How do I find a top Valrico real estate agent who knows Kings Mill Ph 02?
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 Kings Mill Ph 02 and the wider Valrico area.
Can Momentum Realty connect me with an agent for Kings Mill Ph 02?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Kings Mill Ph 02 purchase or sale - no call center and no pressure.
Buyers seeking a modestly sized, single-family home and willing to price the value of updates versus original finishesExcellent fit
Owner-occupants who want a primary residence in a consistent Valrico subdivision and will hold for the medium termExcellent fit
Value-minded buyers comfortable budgeting for roof and system replacement on a mid-2000s homeExcellent fit
Buyers who need a large living area well above the ~1,513-square-foot median hereProbably not
Anyone wanting a broad menu of distinct floor plans or newer constructionProbably not
Short-horizon buyers counting on quick resale in a community with no recent closings to lean onProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (8 streets, ZIP 33594))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2005 (83 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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