MORGANWOODS GARDEN HMS PH 2
Homes for Sale in TAMPA, FL

Community in TAMPA · Hillsborough County · ZIP 33615
183 homesBuilt 1959–2023Median sale $245K
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Built fromLive Stellar MLS data5 years of closingsFL DOR public recordsUpdated twice daily
Live · MORGANWOODS GARDEN HMS PH 2 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$245K
Median sold · 12 mo
$230/sf
Sold $/sqft · 12 mo
peak $230 in 2026
91.5%
Sale vs ask
Tempo
35days
Median DOM · closed
5 days at the 2022 low
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
67%
Owner-occupied · MORGANWOODS GARDEN HMS PH 2
123 of 184 parcels homesteaded (FL DOR 2025)
33%
Non-owner-occupied · MORGANWOODS GARDEN HMS PH 2
incl. 5% trust or LLC-held · 1% out-of-state
33%
Cash buyers · MORGANWOODS GARDEN HMS PH 2
1 of 3 sales, 12 mo ending June 2026
183
Homes in the community
plus 1 vacant residential lots · 184 residential parcels (FL DOR 2025)
Track record · 5 years of records
Est. 1959
Community established
homes built 1959-2023, median 1962 (FL DOR 2025)
3
Failed listings · 2026
peaked at 3 in 2026
1,048sqft
Median sold home size
12-mo windows, closed sales
1.6%/yr
Turnover rate
about 3 of 183 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven less by any single number and more by condition and vintage. The median sits at $230,000, and with a median build year of 1962 in a stock that stretches from 1959 all the way to 2023, the spread between an original home and a rebuilt or newer one is wide. At roughly $208 per square foot against a median of about 1,476 square feet, what you pay is really a function of how much updating the previous owner already did.

Market posture is patient, not frantic. The median home is taking around 40 days to go under contract, which gives a buyer room to inspect, negotiate on condition, and walk if the bones do not check out. For a seller, that same pace means presentation and honest condition disclosure matter more than hoping for a bidding war. With a homestead share near 67%, this reads as an owner-occupied community rather than an investor churn, which tends to keep inventory measured.

The 60-Second Overview

MORGANWOODS GARDEN HMS PH 2 market snapshot (as of August 2, 2026): the median sale price is about $245K ($230 per sq ft over the trailing 12 months of closed sales), and a median 35 days on market for closed sales.

MORGANWOODS GARDEN HMS PH 2 is a community of 183 homes in TAMPA, Hillsborough County, built between 1959 and 2023 (median 1962.0), with a median living area of about 1,476 square feet. 67% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Morganwoods Garden Hms Ph 2 is a small, established Tampa community of 183 homes in Hillsborough County, where a mid-century core has been gradually joined by newer construction. Expect to shop on condition and square footage rather than on a uniform product.

Best for

  • Buyers targeting a mid-$200s purchase who can weigh condition against price
  • Renovation-minded buyers willing to update an original mid-century home for equity
  • Right-size buyers who want roughly 1,476 square feet in an established Tampa location

Probably not for

  • Buyers who require brand-new construction and modern systems throughout
  • Investors seeking rapid turnover in a largely owner-occupied community
  • Buyers with no budget or tolerance for updating an older home

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 ($245K) IS the median in the snapshot above.

Windows contain 1 to 4 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 2021 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
024202220242026
1 to 4 a year; 3 in the current window.
How much local inventory is already under contract

15% of homes for sale in ZIP 33615 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).

Recent Developments in Morganwoods Garden Hms Ph 2

Development, infrastructure, retail, and school activity affecting Morganwoods Garden Hms Ph 2, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

Dev Momentum74/100 · High
  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 5 miles south of Morganwoods Garden Hms Ph 2, elsewhere in Hillsborough County.

    Source: Florida YIMBY
  2. July 2026
    Infrastructure

    New Interstate 75 interchange planned for Parrish area access

    A new Interstate 75 interchange is being planned to improve access for the Parrish area, primarily located in Hillsborough County and connecting to Manatee County through a possible Fort Hamer Road extension. The project is in the planning phase.

    What it may mean for the marketPlans a new interstate interchange that would expand road capacity and connectivity for a growing area, potentially shaping future development patterns along the corridor. The project is about 28 miles south of Morganwoods Garden Hms Ph 2, elsewhere in Hillsborough County.

    Source: Tampa Bay Times
  3. 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 site is about 2 miles northwest of Morganwoods Garden Hms Ph 2.

    Source: City of Tampa
  4. 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 site is about 2 miles southeast of Morganwoods Garden Hms Ph 2.

    Source: Bay News 9

Development alerts for Morganwoods Garden Hms Ph 2Get a short monthly email when something new is approved, funded, or opens near Morganwoods Garden Hms Ph 2.

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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 MORGANWOODS GARDEN HMS PH 2 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 MORGANWOODS GARDEN HMS PH 2.

Best Buy
Buyers comfortable shopping on condition rather than on a uniform new-build product.
Biggest Risk
Mid-century systems mean deferred maintenance can hide behind cosmetic updates.
Sweet Spot
An updated home near the $230,000 median with its major systems already addressed.
Avoid If
You need move-in-ready newness with no appetite for renovation.

A condition-driven mid-century pocket

The defining fact here is the build range: 1959 to 2023, with the median year at 1962. That means most of what you tour is genuine mid-century stock, and buyers should budget their diligence for the systems that age with a home of that era — roof, plumbing, electrical, and HVAC. Where you find a newer build or a fully reworked older home, expect the price to reflect it; where you find an original, expect to price in the work.

At about 1,476 square feet median, these are right-sized homes, not sprawling ones. The roughly $208 per-square-foot median tells you the market values the location and the lot as much as the interior footage. With only a handful of closings in the recent window, individual sales carry weight, so lean on comparable condition rather than raw averages when you set or evaluate a price.

The location and the amenities are priced into every listing in MORGANWOODS GARDEN HMS PH 2. 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 small and this vintage-driven, the number that matters is not the median — it is how a specific home compares to the last few that actually sold. We read those closings in context, help you separate a genuinely updated home from cosmetic staging over aging systems, and price your diligence or your listing accordingly. That is the difference between a fair deal and an expensive surprise.

MORGANWOODS GARDEN HMS PH 2 in 15 seconds.

Best forBuyers comfortable shopping on condition rather than on a uniform new-build product.
Biggest advantageA measured pace around 40 days gives room to inspect and negotiate.
Biggest riskMid-century systems mean deferred maintenance can hide behind cosmetic updates.
Sweet spotAn updated home near the $230,000 median with its major systems already addressed.
Avoid ifYou need move-in-ready newness with no appetite for renovation.

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 MORGANWOODS GARDEN HMS PH 2 sales matched to your home.

What is your MORGANWOODS GARDEN HMS PH 2 home worth?

Get a no-obligation home value based on real comparable sales in MORGANWOODS GARDEN HMS 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.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in MORGANWOODS GARDEN HMS PH 2?
The median sale price in MORGANWOODS GARDEN HMS PH 2 was $245K over the 12 months ending August 2, 2026 (3 closed sales, Stellar MLS).
How long do homes in MORGANWOODS GARDEN HMS PH 2 take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 35 days on market (3 sales, Stellar MLS).
How many homes are in MORGANWOODS GARDEN HMS PH 2?
The Florida DOR 2025 assessment roll shows 183 homes plus 1 vacant residential lots in MORGANWOODS GARDEN HMS PH 2 (public records).
What share of MORGANWOODS GARDEN HMS PH 2 is owner-occupied?
67% of MORGANWOODS GARDEN HMS PH 2 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in MORGANWOODS GARDEN HMS PH 2 built?
Homes in MORGANWOODS GARDEN HMS PH 2 were built between 1959 and 2023, with a median year built of 1962.0 (FL DOR 2025 roll).
Do cash buyers compete in MORGANWOODS GARDEN HMS PH 2?
Cash buyers took 33% of MORGANWOODS GARDEN HMS PH 2 sales in the 12 months ending June 2026 (1 of 3 closings, Stellar MLS).
Who is the best real estate agent for MORGANWOODS GARDEN HMS PH 2?
The best agent for MORGANWOODS GARDEN HMS PH 2 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 MORGANWOODS GARDEN HMS PH 2.
How do I find a top TAMPA real estate agent who knows MORGANWOODS GARDEN HMS PH 2?
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 MORGANWOODS GARDEN HMS PH 2 and the wider TAMPA area.
Can Momentum Realty connect me with an agent for MORGANWOODS GARDEN HMS PH 2?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your MORGANWOODS GARDEN HMS PH 2 purchase or sale - no call center and no pressure.
Buyers targeting a mid-$200s purchase who can weigh condition against priceExcellent fit
Renovation-minded buyers willing to update an original mid-century home for equityExcellent fit
Right-size buyers who want roughly 1,476 square feet in an established Tampa locationExcellent fit
Buyers who require brand-new construction and modern systems throughoutProbably not
Investors seeking rapid turnover in a largely owner-occupied communityProbably not
Buyers with no budget or tolerance for updating an older homeProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 33615))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2021 (13 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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Thinking of selling in MORGANWOODS GARDEN HMS PH 2? 3 recorded closings; median 35 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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