Princess Park 1
Homes for Sale in Tampa, FL

Community in Tampa · Hillsborough County
262 homesBuilt 1900–2022Median sale $500K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data4 years of closingsFL DOR public recordsUpdated twice daily
Live · Princess Park 1 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$500K
Median sold · 12 mo
$315/sf
Sold $/sqft · 12 mo
peak $315 in 2026
94.3%
Sale vs ask
Hillsborough median: 95.9%
Tempo
146days
Median DOM · closed
146 days at the 2026 low
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
64%
Owner-occupied · Princess Park 1
174 of 271 parcels homesteaded (FL DOR 2025)
36%
Non-owner-occupied · Princess Park 1
incl. 10% trust or LLC-held · 2% out-of-state
33%
Cash buyers · Princess Park 1
1 of 3 sales, 12 mo ending June 2026
262
Homes in the community
plus 9 vacant residential lots · 271 residential parcels (FL DOR 2025)
Track record · 4 years of records
Est. 1900
Community established
homes built 1900-2022, median 1966 (FL DOR 2025)
3
Failed listings · 2026
peaked at 3 in 2024
1,588sqft
Median sold home size
12-mo windows, closed sales
1.1%/yr
Turnover rate
about 3 of 262 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Princess Park 1 prices around a $500,000 median, and the spread of construction years, from 1900 up through 2022 with a median build year of 1966, tells you condition and updates are doing most of the pricing work here, not a single dominant housing type. Two houses on the same block can land at very different price points depending on what's been touched inside.

A median of 146 days on market is long by any standard measure, and with only three closings in the most recent window, this is a thin, slow-moving dataset rather than a fast-clearing market. Sellers should price to the condition and story of the specific house, and buyers have room to negotiate rather than chase.

The 60-Second Overview

Princess Park 1 market snapshot (as of July 15, 2026): the median sale price is about $500K ($315 per sq ft over the trailing 12 months of closed sales), and a median 146 days on market for closed sales.

Princess Park 1 is a community of 262 homes in Tampa, Hillsborough County, built between 1900 and 2022 (median 1966), with a median living area of about 1,841 square feet. 64% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Princess Park 1 is a Tampa community of 262 homes in Hillsborough County, built across more than a century, with a median living area of 1,841 square feet and a homestead share of just under two-thirds, pointing to a mix of long-held and turnover-driven properties.

Best for

  • Buyers targeting a median-range budget near $500,000 who are willing to weigh each home's condition individually
  • Buyers who want an older housing stock with renovation potential rather than new construction uniformity
  • Sellers prepared to price and present carefully given the long median time on market

Probably not for

  • Buyers who want a quick, predictable closing timeline in a fast-moving market
  • Buyers seeking a newly built, uniform housing product across the community
  • Sellers expecting fast turnover based on recent closing volume, which is currently very limited

Windows contain 1 to 3 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 %s through %s. Deemed reliable but not guaranteed.

Sellers who gave up · failed listings per year
0123202020242026
Canceled, expired, or withdrawn. 3 quit in 2024; 3 so far in 2026. The clearest stress gauge a community has.

If we were buying in Princess Park 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 Princess Park 1.

Best Buy
Buyers and sellers comfortable evaluating a home on its own condition rather than leaning on neighborhood-wide comps.
Biggest Risk
A 146-day median days-on-market and only three recent closings mean thin data and slow absorption.
Sweet Spot
Buyers who want an established Tampa location and are willing to evaluate condition house by house.
Avoid If
You need a fast, predictable closing timeline or a tightly uniform product across the community.

Reading a market built on condition, not consensus

With a year-built range running from 1900 to 2022 and a median build year of 1966, Princess Park 1 doesn't offer a uniform product. Buyers touring here will see meaningfully different eras of construction and renovation history, which is exactly why the median price per square foot of $314.86 should be read as a benchmark, not a rule — the house-to-house variance in age and updates is the real story.

The 146-day median days-on-market figure, paired with a closings window of just three sales, signals a market where listings sit and buyers can take their time. That's a different posture than a fast-absorbing community, and it changes strategy on both sides: sellers need sharper pricing and presentation to cut through the sit-time, and buyers gain leverage to negotiate on price or terms rather than compete on speed.

The location and the amenities are priced into every listing in Princess Park 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 with this much variance in age and condition, and with so few recent closings to benchmark against, pricing a listing or structuring an offer takes more than pulling a median. We look at the specific house against what's actually moved and sat, so you're not guessing in a thin dataset.

Princess Park 1 in 15 seconds.

Best forBuyers and sellers comfortable evaluating a home on its own condition rather than leaning on neighborhood-wide comps.
Biggest advantageA wide range of home ages and sizes gives buyers real variety within one community.
Biggest riskA 146-day median days-on-market and only three recent closings mean thin data and slow absorption.
Sweet spotBuyers who want an established Tampa location and are willing to evaluate condition house by house.
Avoid ifYou need a fast, predictable closing timeline or a tightly uniform product across the community.

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 Princess Park 1 sales matched to your home.

What is your Princess Park 1 home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Princess Park 1?
The median sale price in Princess Park 1 was $500K over the 12 months ending July 15, 2026 (3 closed sales, Stellar MLS).
How long do homes in Princess Park 1 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 146 days on market (3 sales, Stellar MLS).
How many homes are in Princess Park 1?
The Florida DOR 2025 assessment roll shows 262 homes plus 9 vacant residential lots in Princess Park 1 (public records).
What share of Princess Park 1 is owner-occupied?
64% of Princess Park 1 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Princess Park 1 built?
Homes in Princess Park 1 were built between 1900 and 2022, with a median year built of 1966 (FL DOR 2025 roll).
Do cash buyers compete in Princess Park 1?
Cash buyers took 33% of Princess Park 1 sales in the 12 months ending June 2026 (1 of 3 closings, Stellar MLS).
Who is the best real estate agent for Princess Park 1?
The best agent for Princess Park 1 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 Princess Park 1.
How do I find a top Tampa real estate agent who knows Princess Park 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 Princess Park 1 and the wider Tampa area.
Can Momentum Realty connect me with an agent for Princess Park 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Princess Park 1 purchase or sale - no call center and no pressure.
Buyers targeting a median-range budget near $500,000 who are willing to weigh each home's condition individuallyExcellent fit
Buyers who want an older housing stock with renovation potential rather than new construction uniformityExcellent fit
Sellers prepared to price and present carefully given the long median time on marketExcellent fit
Buyers who want a quick, predictable closing timeline in a fast-moving marketProbably not
Buyers seeking a newly built, uniform housing product across the communityProbably not
Sellers expecting fast turnover based on recent closing volume, which is currently very limitedProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 33607))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2022 (8 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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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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More Tampa & Tampa & Hillsborough County guides

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Thinking of selling in PRINCESS PARK 1? 3 recorded closings; median 146 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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