Pennington Village
Homes for Sale in Tampa, FL

This is a small, fully established enclave of late-1990s homes in Hillsborough County, with owner-occupancy running high — a homestead share near 79 percent — which tends to keep turnover measured and inventory scarce.

Stellar MLS sales records identify 20 homes in Pennington Village that have changed hands since 2005, built between 1996 and 1998 (median 1997), with a median living area of about 1,789 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Pennington Village is too small for its own price trend, so here is the market around it.

In ZIP 33624, 148 homes are on the market and 35% are under contract — a fast-moving corner of Tampa.

Across Hillsborough County, 6,274 homes are active and 1,939 pending (24% under contract).

In ZIP 33624 (Tampa), 470 homes closed in the last 12 months at a median of $460K ($263/sq ft), up 0.4% year over year, with a median 30 days on market. Right now 48 active and 29 pending listings put supply at about 2.8 months — a healthy market. See the live ZIP 33624 housing market and the Hillsborough County market.

ZIP and county figures describe the wider market, not Pennington Village specifically. Momentum Research analysis of MLS records.

With 42 homes and a build range of only 1996 to 1998, Pennington Village behaves like a single cohort. The median home was built in 1997 and runs about 2,033 square feet, so floor plans and lot scales are consistent. The differentiators are the choices owners have made over the years — roofs, systems, kitchens, and baths — rather than fundamentally different house types.

Roughly four in five homes carry a homestead exemption, which signals a largely owner-occupied community and typically translates to fewer listings hitting the market in any given season. That scarcity cuts both ways: it can support pricing for a well-kept home, but it also means buyers may wait for the right one to surface, and sellers should not assume the last comparable sale still defines the number.

In a 42-home community with thin recent sales, the value of a broker is in reading condition against a shallow comp set and pricing without overreaching from one data point. We track what actually moves in and around Pennington Village, advise sellers on the prep that separates an updated home from an original one, and help buyers act decisively when limited inventory means the right listing may not come around again soon.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.