Magnolia Creek Phase 1
Homes for Sale in Riverview, FL

Community in Riverview · Hillsborough County
93 homesBuilt 2023–2024
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data2 years of closingsFL DOR public recordsUpdated twice daily
Live · Magnolia Creek Phase 1 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 8 a year
Ownership and context
37%
Owner-occupied · Magnolia Creek Phase 1
51 of 139 parcels homesteaded (FL DOR 2025)
63%
Non-owner-occupied · Magnolia Creek Phase 1
incl. 14% trust or LLC-held · 3% out-of-state
0%
Cash buyers · Magnolia Creek Phase 1
0 of 23 sales, 12 mo ending June 2025
93
Homes in the community
plus 46 vacant residential lots · 139 residential parcels (FL DOR 2025)
Track record · 2 years of records
Est. 2023
Community established
homes built 2023-2024, median 2024 (FL DOR 2025)
0
Failed listings · 2024
peaked at 1 in 2024
2.2%/yr
Turnover rate
about 2 of 93 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Magnolia Creek Phase 1 is a new-construction pocket in Riverview, with all 93 homes built in 2023 or 2024 and a median year built of 2024. When the housing stock is this uniform and this new, price is driven less by age or bones and more by lot position, upgrades, and how a given seller priced against the builder's remaining inventory. The median living area sits just under 2,000 square feet, so you are largely comparing similar floor plans against each other.

With only two closings in the window, this is a thin dataset — read any single sale with caution rather than as a trend. For sellers, that means pricing off condition and finish rather than assuming a rising tide; for buyers, it means the builder and its incentives are still part of the competitive picture, and there is room to negotiate on a resale that has to stand next to that.

Best for

  • Buyers who want a nearly new home and value low near-term maintenance over character or established landscaping
  • Right-sizers looking for a roughly 2,000-square-foot floor plan in Hillsborough County
  • Buyers comfortable negotiating against a builder's active pricing and incentives

Probably not for

  • Buyers who need a long resale history and abundant comps before making an offer
  • Anyone seeking an older, larger, or architecturally varied home
  • Investors expecting a settled, high-owner-occupancy community today

The market around Magnolia Creek Phase 1

Magnolia Creek Phase 1 is a small community — 1 recorded sale on file, most recently in 2024 — too few for its own price trend. Here is the market around it.

Across Hillsborough County, 5,970 homes are active and 2,046 pending (26% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Magnolia Creek Phase 1 specifically. Momentum Research analysis of MLS records.

If we were buying in Magnolia Creek Phase 1 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 Magnolia Creek Phase 1.

Best Buy
Buyers who want current construction in Riverview without hunting down a builder lot.
Biggest Risk
Thin sales history makes pricing and appraisal support harder to pin down.
Sweet Spot
A well-kept home near the median ~1,976 sqft layout, priced honestly against builder inventory.
Avoid If
You need deep comps or an established resale track record before you commit.

A new-build community still finding its resale footing

Every home here dates to 2023 or 2024, with a median build year of 2024 and a median living area of 1,976 square feet. That consistency is the story: floor plans repeat, finishes are current, and there is little of the deferred-maintenance guesswork that comes with older stock. What separates one home from the next is condition off the builder, lot, and whatever upgrades the first owner selected.

The homestead share sits at about 37 percent, which is on the lower side and typical of a community this early in its life — many homes have not yet cycled into long-term owner-occupancy. Combined with a very small number of recent closings, resale comps are limited, so pricing leans on qualitative judgment and the builder's active pricing more than a deep sales history.

The location and the amenities are priced into every listing in Magnolia Creek Phase 1. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a community this new and this thinly traded, the comps do not do the work for you. We price and negotiate off condition, lot, and the builder's live inventory rather than a handful of closings, and we will tell you plainly when a resale is competing against a better builder incentive down the street.

Magnolia Creek Phase 1 in 15 seconds.

Best forBuyers who want current construction in Riverview without hunting down a builder lot.
Biggest advantageA uniform, recent housing stock means fewer surprises on condition and systems.
Biggest riskThin sales history makes pricing and appraisal support harder to pin down.
Sweet spotA well-kept home near the median ~1,976 sqft layout, priced honestly against builder inventory.
Avoid ifYou need deep comps or an established resale track record before you commit.

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 Magnolia Creek Phase 1 sales matched to your home.

What is your Magnolia Creek Phase 1 home worth?

Get a no-obligation home value based on real comparable sales in Magnolia Creek Phase 1, 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 Magnolia Creek Phase 1 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Magnolia Creek Phase 1?
The Florida DOR 2025 assessment roll shows 93 homes plus 46 vacant residential lots in Magnolia Creek Phase 1 (public records).
What share of Magnolia Creek Phase 1 is owner-occupied?
37% of Magnolia Creek Phase 1 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Magnolia Creek Phase 1 built?
Homes in Magnolia Creek Phase 1 were built between 2023 and 2024, with a median year built of 2024 (FL DOR 2025 roll).
Do cash buyers compete in Magnolia Creek Phase 1?
Cash buyers took 0% of Magnolia Creek Phase 1 sales in the 12 months ending June 2025 (0 of 23 closings, Stellar MLS).
Who is the best real estate agent for Magnolia Creek Phase 1?
The best agent for Magnolia Creek Phase 1 is one who actively works Riverview 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 Magnolia Creek Phase 1.
How do I find a top Riverview real estate agent who knows Magnolia Creek Phase 1?
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 Magnolia Creek Phase 1 and the wider Riverview area.
Can Momentum Realty connect me with an agent for Magnolia Creek Phase 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Magnolia Creek Phase 1 purchase or sale - no call center and no pressure.
Buyers who want a nearly new home and value low near-term maintenance over character or established landscapingExcellent fit
Right-sizers looking for a roughly 2,000-square-foot floor plan in Hillsborough CountyExcellent fit
Buyers comfortable negotiating against a builder's active pricing and incentivesExcellent fit
Buyers who need a long resale history and abundant comps before making an offerProbably not
Anyone seeking an older, larger, or architecturally varied homeProbably not
Investors expecting a settled, high-owner-occupancy community todayProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 33578))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2024 (25 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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