Somerset Park A Condo
Homes for Sale in Tampa, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Somerset Park is a single-vintage condo community — every building dates to 1974, and units cluster around 770 square feet. That uniformity means price here is driven almost entirely by condition and interior updates rather than square footage or floor plan variety. At a median of $118,000 and roughly $149 per square foot, this is one of the more accessible entry points into Tampa condo ownership, and the spread between a dated unit and a renovated one is where the real negotiation lives.
The market posture is soft. Prices are down 9.1% year over year, and a market heat score of 17 tells you this is a buyer's environment, not a seller's. That said, the median unit still moves in about 28 days, so priced-right, updated units are not sitting. Sellers should expect condition to be scrutinized and to compete on it; buyers have room to be selective and to negotiate.
Somerset Park A Condo right now
🔴 Off the recent peak. The trailing-12-month median ($118K) is down 9.1% from the prior 12 months ($130K). With about 6 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 July 15. Confidence: Medium (6 and 8 sales in the two windows).
What's unique here: the median sale price is about 70% below the typical Hillsborough County sale ($118K vs $395K, trailing 12 months, Stellar MLS records).
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Updated July 15, 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
Somerset Park A Condo market snapshot (as of July 15, 2026): the median sale price is about $118K ($149 per sq ft over the trailing 12 months of closed sales), and a median 28 days on market for closed sales. The trailing-12-month median is down 9% from the prior 12 months, computed from record-level Stellar MLS closed sales (6 closings in the current window).
Somerset Park A Condo is a community of 203 homes in Tampa, Hillsborough County, built between 1974 and 1974 (median 1974), with a median living area of about 770 square feet. 15% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Somerset Park is a 203-unit condo community in Tampa built entirely in 1974, with compact floor plans and pricing that puts it at the affordable end of the Hillsborough condo market.
Who Somerset Park A Condo is best for.
Best for
- First-time buyers working a tight budget who want an ownership foothold under the metro median
- Investors targeting compact, rental-friendly units with attention to association rules
- Buyers willing to renovate a dated unit and hold through a soft price stretch
Probably not for
- Buyers who need more than a compact ~770-square-foot floor plan
- Anyone counting on near-term appreciation, given the year-over-year decline
- Buyers who want move-in-ready finishes without paying a premium for the renovated units
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($118K) IS the median in the snapshot above, and the move from 2025 ($130K) IS the -9.1% one-year change.
Windows contain 0 to 20 sales each (6 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.
The Somerset Park A Condo buying strategy.
If we were buying in Somerset Park A Condo 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 Somerset Park A Condo.
A condition-driven condo market
Because the entire community shares one build year and a tight range of unit sizes, the usual price levers — square footage, lot, era — are essentially flat here. What moves a unit's value is the interior: kitchens, baths, flooring, and whether major systems have been touched. A renovated unit and an original 1974 unit can look very different on paper for the same footprint, so read the finishes carefully rather than the list price alone.
The homestead share sits at about 15%, which signals that a meaningful portion of these units are held as rentals or second homes rather than owner-occupied. For a buyer, that shapes both the resale pool and the practical experience of ownership; anyone considering this community should read the condo association's financials, reserves, and rental rules closely before committing.
The location and the amenities are priced into every listing in Somerset Park A Condo. 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 Somerset Park A Condo 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 (2.3). Basis: Recent Direction -9.1% year-over-year; Owner Commitment 15% owner-occupied; Pricing Power 87.6% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a single-vintage community where price hinges on condition and association health rather than square footage, the value we add is in the comparison work: separating a genuinely updated unit from a cosmetic one, and pressure-testing the HOA's reserves and rental posture before you write an offer. In a market down year over year, that diligence is what protects your basis.
Somerset Park A Condo 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 Somerset Park A Condo 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 Somerset Park A Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Somerset Park A Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Somerset Park A Condo home worth?
Get a no-obligation home value based on real comparable sales in Somerset Park A Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Somerset Park A Condo?
How long do homes in Somerset Park A Condo take to sell?
How many homes are in Somerset Park A Condo?
What share of Somerset Park A Condo is owner-occupied?
When were the homes in Somerset Park A Condo built?
Do cash buyers compete in Somerset Park A Condo?
Who is the best real estate agent for Somerset Park A Condo?
How do I find a top Tampa real estate agent who knows Somerset Park A Condo?
Can Momentum Realty connect me with an agent for Somerset Park A Condo?
Should you buy in Somerset Park A Condo?
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 July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (17 streets, ZIP 33613)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2014 (73 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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