South Cove Ph 1
Homes for Sale in Riverview, FL

Community in Riverview · Hillsborough County
504 homesBuilt 1987–2017Median sale $325K
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Live Market Pulse
36/100
Market Heat
Cooler than normal
2016 → 2026 · 71 at the 2022 peak
0 is South Cove Ph 1's coldest market since 2016, 100 its hottest. Today: 36. How it's scored
Built fromLive Stellar MLS data21 years of closingsFL DOR public recordsUpdated twice daily
Live · South Cove Ph 1 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$325K
Median sold · 12 mo
down 27.1% vs the prior 12 months
-27.1%
1-yr price change
n = 4 and 4 sales in the two windows
$201/sf
Sold $/sqft · 12 mo
peak $201 in 2026
97.0%
Sale vs ask
Hillsborough median: 95.9%
Tempo
21days
Median DOM · closed
3 days at the 2022 low
4
Sold · last 12 mo
10-yr average: about 5 a year
Ownership and context
62%
Owner-occupied · South Cove Ph 1
314 of 504 parcels homesteaded (FL DOR 2025)
38%
Non-owner-occupied · South Cove Ph 1
incl. 12% trust or LLC-held · 19% out-of-state
0%
Cash buyers · South Cove Ph 1
0 of 5 sales, 12 mo ending June 2026
504
Homes in the community
504 residential parcels (FL DOR 2025)
Track record · 21 years of records
Est. 1987
Community established
homes built 1987-2017, median 2005 (FL DOR 2025)
1
Failed listings · 2026
peaked at 25 in 2007
1,605sqft
Median sold home size
12-mo windows, closed sales
0.8%/yr
Turnover rate
about 4 of 504 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

South Cove Ph 1 is a mature Riverview community, with homes built between 1987 and 2006 and a median build year of 2005 — so most of the stock is on the newer end of that window. At a median of $325,000 and roughly $210 per square foot on a median of about 2,156 living square feet, the pricing here is driven far more by condition and updates than by any single price tier. With 403 homes and only 3 closings in the recent window, comps are thin, so what a home actually sells for depends heavily on how it shows.

Median days on market sits at 15 — homes that are priced and presented right move quickly. For sellers, that means the market rewards preparation over patience; for buyers, it means you need to be ready to act on the right listing rather than assume you can wait out the inventory. A 62% homestead share points to a community held largely by long-term owners rather than churned by investors, which tends to keep turnover measured.

South Cove Ph 1 Housing Pulse · Momentum Research · as of July 15, 2026

South Cove Ph 1 right now

🔴 Off the recent peak. The trailing-12-month median ($325K) is down 27.1% from the prior 12 months ($446K). With about 4 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: Low (4 and 4 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

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

South Cove Ph 1 market snapshot (as of July 15, 2026): the median sale price is about $325K ($201 per sq ft over the trailing 12 months of closed sales), and a median 21 days on market for closed sales. The trailing-12-month median is down 27% from the prior 12 months, computed from record-level Stellar MLS closed sales (4 closings in the current window).

South Cove Ph 1 is a community of 504 homes in Riverview, Hillsborough County, built between 1987 and 2017 (median 2005.0), with a median living area of about 2,168 square feet. 62% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

South Cove Ph 1 is an established, mostly early-2000s subdivision of just over 400 homes in Riverview, where condition and updates — not a price bracket — set the tone. With a high owner-occupancy share, listings surface steadily rather than in floods.

Best for

  • Buyers targeting a median around $325,000 who value an established, mostly mid-2000s community
  • Move-up buyers wanting roughly 2,150 square feet without paying for brand-new construction
  • Owner-occupants comfortable in a low-turnover, high-homestead setting and ready to act inside a 15-day market

Probably not for

  • Buyers who need a large pool of active listings to compare before committing
  • Investors looking for high churn and quick flip inventory
  • Anyone who wants a brand-new home and none of the update planning that mid-2000s stock can require

Windows contain 0 to 11 sales each (4 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.

Median sale price · trailing 12 mo
$200K$300K$400K20122014201620182020202220242026
Down 27.1% year over year.
Every sale since 2005 · price vs size
$0$200K$400K2k4k
57 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$20020122014201620182020202220242026
Up from $97 in 2012 to a $201 peak in 2026; $201 now.
Median days on market · closed sales
025507520122014201620182020202220242026
3 days at the 2022 low; 21 now.
Sale price vs original ask · median
96%98%100%20122014201620182020202220242026
97.0% now vs Hillsborough 95.9%.
Homes sold per 12-mo window
051020122014201620182020202220242026
0 to 11 a year; 4 in the current window.
Sellers who gave up · failed listings per year
01020200820122016202020242026
Canceled, expired, or withdrawn. 25 quit in 2007; 1 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201620222026
71 at the 2022 peak, 35 in the troughs, 36 now. Same score as the hero card, full history.

If we were buying in South Cove Ph 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 South Cove Ph 1.

Best Buy
Buyers who want an established Riverview community with early-2000s homes and steady owner-occupancy.
Biggest Risk
Only 3 recent closings make comps thin, so pricing depends on the individual home.
Sweet Spot
A well-updated home near the 2,156 sqft median, priced to the recent sales rather than aspiration.
Avoid If
You need a wide selection to compare or expect to negotiate slowly on a rising list of inventory.

A condition-driven resale market

The build range spans nearly two decades, but the median year built of 2005 tells you most homes here are children of the mid-2000s. That matters for buyers: mechanicals, roofs, and finishes from that era are at the age where updates separate a turnkey home from a project. At a median near $210 per square foot on roughly 2,156 square feet, the spread you'll see between listings is mostly a story about who has renovated and who hasn't.

With only 3 closings in the recent window across 403 homes, this is a low-turnover community, and the 62% homestead share reinforces that. Thin comps make pricing more art than formula, so both sides benefit from someone who can read the individual home rather than lean on a neighborhood average. A 15-day median on market says correctly priced homes don't linger.

The location and the amenities are priced into every listing in South Cove Ph 1. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
4.8C- · Buy Score
Recent Direction0.0/10
Owner Commitment6.2/10
Pricing Power8.0/10

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 (4.8). Basis: Recent Direction -27.1% year-over-year; Owner Commitment 62% owner-occupied; Pricing Power 97.0% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a low-turnover community with only a handful of recent closings, the neighborhood average won't price your home — the specific condition of your house against the last few sales will. We do that reading for a living, and in a market where the median home moves in about 15 days, getting the price and presentation right the first time is the whole game for sellers and buyers alike.

South Cove Ph 1 in 15 seconds.

Best forBuyers who want an established Riverview community with early-2000s homes and steady owner-occupancy.
Biggest advantageHigh homestead share and low turnover keep the community stable rather than investor-churned.
Biggest riskOnly 3 recent closings make comps thin, so pricing depends on the individual home.
Sweet spotA well-updated home near the 2,156 sqft median, priced to the recent sales rather than aspiration.
Avoid ifYou need a wide selection to compare or expect to negotiate slowly on a rising list of inventory.

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 South Cove Ph 1 sales matched to your home.

What is your South Cove Ph 1 home worth?

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See homes for sale in South Cove Ph 1 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in South Cove Ph 1?
The median sale price in South Cove Ph 1 was $325K over the 12 months ending July 15, 2026 (4 closed sales, Stellar MLS).
How long do homes in South Cove Ph 1 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 21 days on market (4 sales, Stellar MLS).
How many homes are in South Cove Ph 1?
The Florida DOR 2025 assessment roll shows 504 homes in South Cove Ph 1 (public records).
What share of South Cove Ph 1 is owner-occupied?
62% of South Cove Ph 1 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in South Cove Ph 1 built?
Homes in South Cove Ph 1 were built between 1987 and 2017, with a median year built of 2005.0 (FL DOR 2025 roll).
Do cash buyers compete in South Cove Ph 1?
Cash buyers took 0% of South Cove Ph 1 sales in the 12 months ending June 2026 (0 of 5 closings, Stellar MLS).
Who is the best real estate agent for South Cove Ph 1?
The best agent for South Cove Ph 1 is one who actively works Riverview 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 South Cove Ph 1.
How do I find a top Riverview real estate agent who knows South Cove Ph 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 South Cove Ph 1 and the wider Riverview area.
Can Momentum Realty connect me with an agent for South Cove Ph 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your South Cove Ph 1 purchase or sale - no call center and no pressure.
Buyers targeting a median around $325,000 who value an established, mostly mid-2000s communityExcellent fit
Move-up buyers wanting roughly 2,150 square feet without paying for brand-new constructionExcellent fit
Owner-occupants comfortable in a low-turnover, high-homestead setting and ready to act inside a 15-day marketExcellent fit
Buyers who need a large pool of active listings to compare before committingProbably not
Investors looking for high churn and quick flip inventoryProbably not
Anyone who wants a brand-new home and none of the update planning that mid-2000s stock can requireProbably 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 (5 streets, ZIP 33543/33569/33578/33579))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2005 (57 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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