South Cove Ph 1
Homes for Sale in Riverview, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat

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 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).
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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
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.
Who South Cove Ph 1 is best for.
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
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 ($325K) IS the median in the snapshot above, and the move from 2025 ($446K) IS the -27.1% one-year change.
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.
The South Cove Ph 1 buying strategy.
If we were buying in South Cove Ph 1 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 South Cove Ph 1.
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.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in South Cove Ph 1 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 (4.8). 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.
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 South Cove Ph 1 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 South Cove Ph 1 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in South Cove Ph 1, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your South Cove Ph 1 home worth?
Get a no-obligation home value based on real comparable sales in South Cove Ph 1, 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 homes for sale in South Cove Ph 1 on the map →
Frequently Asked Questions
What is the median home price in South Cove Ph 1?
How long do homes in South Cove Ph 1 take to sell?
How many homes are in South Cove Ph 1?
What share of South Cove Ph 1 is owner-occupied?
When were the homes in South Cove Ph 1 built?
Do cash buyers compete in South Cove Ph 1?
Who is the best real estate agent for South Cove Ph 1?
How do I find a top Riverview real estate agent who knows South Cove Ph 1?
Can Momentum Realty connect me with an agent for South Cove Ph 1?
Should you buy in South Cove Ph 1?
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 (5 streets, ZIP 33543/33569/33578/33579)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-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.
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 your area comps.
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