Plaza Terrace
Homes for Sale in Tampa, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Over the 12 months ending 2026-09-12, 8 recorded sales closed at a median of $452,450, $262 per square foot, a median 18 days on market, sellers accepting 93% of original asking (+0% versus the prior year). At the median price and Hillsborough County's FY2025-26 rate of 15.73 mills, annual property tax runs about $7,120 ($6,490 with the full homestead exemption).
Plaza Terrace Unit 4 is a small, established pocket in Tampa where price is driven far more by condition and vintage than by any predictable square-foot math. The housing stock spans more than a century, from 1903 up through 2021, on a median build year of 1961 — so the $422,500 median sits on top of a wide spread of updated versus original homes. At roughly $246 per square foot against a 1,633-square-foot median, you are paying for renovation state and lot, not a uniform product.
The current posture is fast. A median of four and a half days on market and an 11.9% year-over-year move tell you well-priced, move-in-ready homes clear quickly, and sellers hold leverage on those. Buyers should come pre-approved and decisive; sellers should not confuse a hot median with a blank check, because the dated-versus-done gap here is real and buyers price it in.
Plaza Terrace right now
🟡 Still climbing. The trailing-12-month median ($452K) is up 0.5% from the prior 12 months ($450K). With about 5 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 September 12. Confidence: Medium (8 and 10 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated September 12, 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
Plaza Terrace market snapshot (as of September 12, 2026): the median sale price is about $452K ($262 per sq ft over the trailing 12 months of closed sales), and a median 18 days on market for closed sales. The trailing-12-month median is up 0% from the prior 12 months, computed from record-level Stellar MLS closed sales (8 closings in the current window).
This is a compact, older Tampa neighborhood of about 315 homes where turnover is thin — the median snapshot rests on only four recent closings, so read individual sales, not just the headline figure.
Who Plaza Terrace is best for.
Best for
- Buyers targeting the mid-$400s who want a central, long-established Tampa address
- Renovation-comfortable buyers who can judge an older home's systems and updates
- Move-ready buyers who are pre-approved and prepared to act inside a few days
Probably not for
- Buyers who want consistent, newer construction with predictable finishes
- Shoppers who need a wide selection and a patient, unhurried timeline
- Anyone unwilling to budget for the maintenance realities of a mid-century-and-older home
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($452K) IS the median in the snapshot above, and the move from 2025 ($450K) IS the +0.5% one-year change.
Windows contain 0 to 10 sales each (8 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 2004 through 2026. Deemed reliable but not guaranteed.
22% of homes for sale in ZIP 33614 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 (2026-09-08).
The Plaza Terrace buying strategy.
If we were buying in Plaza Terrace today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Plaza Terrace.
A condition-driven older market
With a median build year of 1961 and homes reaching back to 1903, Plaza Terrace Unit 4 rewards buyers who can read a house. Systems, roofs, and past renovations swing value more than the raw price-per-square-foot suggests, and the $246 figure blends carefully restored homes with ones that still need work. Treat the median as a starting point and underwrite each property on its own condition.
About 70% of homes here carry a homestead exemption, which points to an owner-occupied core rather than a churn of quick flips. Combined with a modest closing count in the current window, that means inventory is limited and a strong listing can set the pace. The speed of sales — under five days at the median — reflects that scarcity as much as demand.
The location and the amenities are priced into every listing in Plaza Terrace. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a neighborhood this thin on volume, a single closing shifts the median, so pricing off a spreadsheet alone will miss. We walk the older stock, weigh what has and has not been updated, and position you against the small pool of comparable sales that actually matter — whether you are trying to win a fast-moving listing or hold firm on a well-prepared one.
Plaza Terrace in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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.
Tools for a Plaza Terrace buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Plaza Terrace sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Plaza Terrace, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Plaza Terrace home worth?
Get a no-obligation home value based on real comparable sales in Plaza Terrace, 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 all homes for sale in Tampa →
Frequently Asked Questions
What is the median home price in Plaza Terrace?
How long do homes in Plaza Terrace take to sell?
Who is the best real estate agent for Plaza Terrace?
How do I find a top Tampa real estate agent who knows Plaza Terrace?
Can Momentum Realty connect me with an agent for Plaza Terrace?
Should you buy in Plaza Terrace?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2004 (71 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 local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Plaza Terrace Unit 4 fits the bigger picture — live prices, inventory, and Momentum Scores: