RAINTREE MANOR HOMES CONDOMINI
Homes for Sale in TEMPLE TERRACE, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Price here is driven mostly by condition and unit quality, not location swings. These are condominiums built between 1975 and 1980, with a median around 1,207 square feet, so the median sale near $165,000 works out to roughly $130 per square foot. Expect a wide spread within the community depending on how much updating a given unit has had.
The market posture leans toward buyers right now. Prices are down 10.8% year over year, and the median unit takes about 59 days to sell, which is not fast. Sellers should price to condition and be patient; buyers have room to be selective and to negotiate on units that need work.
RAINTREE MANOR HOMES CONDOMINI right now
🔴 Off the recent peak. The trailing-12-month median ($165K) is down 10.8% from the prior 12 months ($185K). With about 7 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 (5 and 21 sales in the two windows).
What's unique here: the median sale price is about 59% below the typical Hillsborough County sale ($165K vs $398K, trailing 12 months, Stellar MLS records).
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
RAINTREE MANOR HOMES CONDOMINI market snapshot (as of August 2, 2026): the median sale price is about $165K ($130 per sq ft over the trailing 12 months of closed sales), and a median 59 days on market for closed sales. The trailing-12-month median is down 11% from the prior 12 months, computed from record-level Stellar MLS closed sales (5 closings in the current window).
RAINTREE MANOR HOMES CONDOMINI is a community of 290 homes in TEMPLE TERRACE, Hillsborough County, built between 1975 and 1980 (median 1980), with a median living area of about 1,207 square feet. 55% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Raintree Manor Homes Condomini is a compact condo community of 290 homes in Temple Terrace, Hillsborough County, built in the late 1970s. Just over half the units carry a homestead exemption, which points to a meaningful owner-occupant base alongside investor-held inventory.
Who RAINTREE MANOR HOMES CONDOMINI is best for.
Best for
- Budget-focused buyers targeting a lower price point in Temple Terrace
- Investors comfortable underwriting a late-1970s condo on condition and rent, not quick flips
- Buyers willing to renovate a dated unit to build value
Probably not for
- Buyers who need move-in-ready, newer construction
- Sellers or buyers who need a quick turnaround given the 59-day median time on market
- Anyone counting on rapid short-term price gains, which the recent 10.8% decline argues against
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 ($165K) IS the median in the snapshot above, and the move from 2025 ($185K) IS the -10.8% one-year change.
Windows contain 0 to 21 sales each (5 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 2008 through 2026. Deemed reliable but not guaranteed.
22% of homes for sale in ZIP 33617 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).
The RAINTREE MANOR HOMES CONDOMINI buying strategy.
If we were buying in RAINTREE MANOR HOMES CONDOMINI 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 RAINTREE MANOR HOMES CONDOMINI.
A condition-driven condo market
With every building dating to a five-year window ending in 1980 and a median size near 1,207 square feet, the floor plans and bones are similar unit to unit. What separates one sale from the next is interior updating, so the median price of $165,000 is best read as a midpoint, not a fixed rate. Renovated units and dated ones can sit far apart on price.
Volume is thin — only five closings in the tracking window — so any single sale carries weight in the numbers. Combined with a 59-day median time on market, that means a buyer should read recent comps carefully and a seller should not assume a quick contract. The year-over-year decline of 10.8% reinforces the case for realistic pricing.
The location and the amenities are priced into every listing in RAINTREE MANOR HOMES CONDOMINI. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in RAINTREE MANOR HOMES CONDOMINI buys, holds, and resells. Momentum Research; not an appraisal.
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 3 factors (4.3). Basis: Recent Direction -10.8% year-over-year; Owner Commitment 55% owner-occupied; Pricing Power 90.9% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a low-volume condo community like this one, the numbers move on a handful of sales, so context matters more than the headline median. We read each recent closing against the unit's actual condition, help buyers spot which listings are priced to their finish level, and help sellers set expectations against a market that is currently softer than a year ago.
RAINTREE MANOR HOMES CONDOMINI in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a RAINTREE MANOR HOMES CONDOMINI 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 RAINTREE MANOR HOMES CONDOMINI sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in RAINTREE MANOR HOMES CONDOMINI, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your RAINTREE MANOR HOMES CONDOMINI home worth?
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Recent Developments in Raintree Manor Homes Condomini
Development, infrastructure, retail, and school activity affecting Raintree Manor Homes Condomini, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Development
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 3 miles southwest of Raintree Manor Homes Condomini, elsewhere in Hillsborough County.
Source: Florida YIMBY - July 2026Infrastructure
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 25 miles south of Raintree Manor Homes Condomini, elsewhere in Hillsborough County.
Source: Tampa Bay Times - July 2026Development
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 project is about 4 miles northwest of Raintree Manor Homes Condomini, elsewhere in Hillsborough County.
Source: City of Tampa - July 2026Builder 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 1 mile northeast of Raintree Manor Homes Condomini.
Source: Bay News 9
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.
Frequently Asked Questions
What is the median home price in RAINTREE MANOR HOMES CONDOMINI?
How long do homes in RAINTREE MANOR HOMES CONDOMINI take to sell?
How many homes are in RAINTREE MANOR HOMES CONDOMINI?
What share of RAINTREE MANOR HOMES CONDOMINI is owner-occupied?
When were the homes in RAINTREE MANOR HOMES CONDOMINI built?
Do cash buyers compete in RAINTREE MANOR HOMES CONDOMINI?
Who is the best real estate agent for RAINTREE MANOR HOMES CONDOMINI?
How do I find a top TEMPLE TERRACE real estate agent who knows RAINTREE MANOR HOMES CONDOMINI?
Can Momentum Realty connect me with an agent for RAINTREE MANOR HOMES CONDOMINI?
Should you buy in RAINTREE MANOR HOMES CONDOMINI?
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 August 2, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (14 streets, ZIP 33617)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2008 (67 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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