PALMETTO COVE in TAMPA

PALMETTO COVE
Homes for Sale in TAMPA, FL

Community in TAMPA · Hillsborough County · ZIP 33584
65 homesBuilt 2007–2008Median sale $204K
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Live Market Pulse
44/100
Market Heat
Normal for PALMETTO COVE
2021 → 2026 · 83 at the 2022 peak
0 is PALMETTO COVE's coldest market since 2021, 100 its hottest. Today: 44. How it's scored
Built fromLive Stellar MLS data19 years of closingsFL DOR public recordsUpdated twice daily
Live · PALMETTO COVE Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$204K
Median sold · 12 mo
down 7.5% vs the prior 12 months
-7.5%
1-yr price change
n = 3 and 6 sales in the two windows
$133/sf
Sold $/sqft · 12 mo
peak $168 in 2023
95.3%
Sale vs ask
Tempo
12.0mo
Supply
3 to 6 months is the balanced band
46days
Median DOM · closed
3 days at the 2021 low
0%
Under contract
Hillsborough: 25% (2,098 of 8,357)
3 · 0
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
51%
Owner-occupied · PALMETTO COVE
33 of 65 parcels homesteaded (FL DOR 2025)
49%
Non-owner-occupied · PALMETTO COVE
incl. 6% trust or LLC-held · 2% out-of-state
67%
Cash buyers · PALMETTO COVE
2 of 3 sales, 12 mo ending June 2026
65
Homes in the community
65 residential parcels (FL DOR 2025)
Track record · 19 years of records
Est. 2007
Community established
homes built 2007-2008, median 2008 (FL DOR 2025)
1
Failed listings · 2026
peaked at 6 in 2008
1,529sqft
Median sold home size
12-mo windows, closed sales
4.6%/yr
Turnover rate
about 3 of 65 homes trade a year
PALMETTO COVE Housing Pulse · Momentum Research · as of August 2, 2026

PALMETTO COVE right now

🟢 Buyer-leaning market. 12.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.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: Medium (3 active and pending listings, 3 closed sales in 12 months).

🟡 Off the recent peak. The trailing-12-month median ($204K) is down 7.5% from the prior 12 months ($220K). With about 2 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: Low (3 and 6 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

PALMETTO COVE market snapshot (as of August 2, 2026): the median sale price is about $204K ($133 per sq ft over the trailing 12 months of closed sales), a median 46 days on market for closed sales, and 12.0 months of supply, a buyer-leaning market. The trailing-12-month median is down 8% from the prior 12 months, computed from record-level Stellar MLS closed sales (3 closings in the current window).

PALMETTO COVE is a community of 65 homes in TAMPA, Hillsborough County, built between 2007 and 2008 (median 2008), with a median living area of about 1,583 square feet. 51% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 6 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 2007 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$220K$240K$260K20122014201620182020202220242026
Down 7.5% year over year.
Sold $ per sq ft · trailing 12 mo
$140$16020122014201620182020202220242026
Up from $130 in 2012 to a $168 peak in 2023; $133 now.
Median days on market · closed sales
05010020122014201620182020202220242026
3 days at the 2021 low; 46 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
95.3% now.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 6 a year; 3 in the current window.
Sellers who gave up · failed listings per year
02462008202020242026
Canceled, expired, or withdrawn. 6 quit in 2008; 1 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning202220242026
83 at the 2022 peak, 13 in the troughs, 44 now. Same score as the hero card, full history.

Palmetto Cove Market Scorecard

Thin data

Palmetto Cove is currently a thin data market. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
n/a
Median sold
n/a
Per sqft
n/a
Days on mkt
0/0/0
Active/Pend/Sold

Go deeper: 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.

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
  • Hillsborough County Public Schools (verify by address) · Public
  • Confirm zoned elementary, middle, and high · By address
  • Magnet and choice options may apply · Choice

Zoned schools reflect the assignments reported on recent PALMETTO COVE 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 PALMETTO COVE address.

If we were buying in PALMETTO COVE 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

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

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 PALMETTO COVE.

A closer look at the PALMETTO COVE market

At a median of $133 per square foot, PALMETTO COVE 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 12.0 months of supply, a buyer-leaning market and the trailing-12-month median down 8% year over year. Homes that do trade take a median 46 days on market, useful leverage on any listing that has lingered.

The housing stock is 65 homes built between 2007 and 2008, and 51% 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 PALMETTO COVE. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
4.0C- · Buy Score
Recent Direction4.1/10
Liquidity & Demand0.0/10
Owner Commitment5.1/10
Pricing Power6.8/10

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 4 factors (4.0). Basis: Recent Direction -7.5% year-over-year; Liquidity & Demand 12.0 months of supply; Owner Commitment 51% owner-occupied; Pricing Power 95.3% 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 PALMETTO COVE sales matched to your home.

What is your PALMETTO COVE home worth?

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

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in PALMETTO COVE?
The median sale price in PALMETTO COVE was $204K over the 12 months ending August 2, 2026 (3 closed sales, Stellar MLS).
How long do homes in PALMETTO COVE take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 46 days on market (3 sales, Stellar MLS).
Is PALMETTO COVE a buyer's or seller's market right now?
As of August 2, 2026, PALMETTO COVE leans toward buyers: 12.0 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in PALMETTO COVE?
The Florida DOR 2025 assessment roll shows 65 homes in PALMETTO COVE (public records).
What share of PALMETTO COVE is owner-occupied?
51% of PALMETTO COVE parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in PALMETTO COVE built?
Homes in PALMETTO COVE were built between 2007 and 2008, with a median year built of 2008 (FL DOR 2025 roll).
Do cash buyers compete in PALMETTO COVE?
Cash buyers took 67% of PALMETTO COVE sales in the 12 months ending June 2026 (2 of 3 closings, Stellar MLS).
What schools serve PALMETTO COVE?
PALMETTO COVE is served by Hillsborough County Public Schools, typically Hillsborough County Public Schools (verify by address) and Confirm zoned elementary, middle, and high. Confirm the exact zoning by address with the district.
Who is the best real estate agent for PALMETTO COVE?
The best agent for PALMETTO COVE 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 PALMETTO COVE.
How do I find a top TAMPA real estate agent who knows PALMETTO COVE?
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 PALMETTO COVE and the wider TAMPA area.
Can Momentum Realty connect me with an agent for PALMETTO COVE?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your PALMETTO COVE purchase or sale - no call center and no pressure.

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 (community parcel extract)
Under-contract sharesStellar MLS records, as of 2026-08-01
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2007 (26 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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CallFree valuation →
Thinking of selling in PALMETTO COVE? 3 recorded closings; median 46 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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