Tampa Palms market snapshot (as of June 24, 2026): the median sale price is about $655K ($261 per sq ft), with homes averaging 41 days on market and 1.7 months of supply, a balanced market (limited data). Based on 21 recent closings in live Stellar MLS data.
Tampa Palms is a large, established master-planned community in New Tampa, in Hillsborough County in the 33647 ZIP, spanning thousands of acres along the Hillsborough River. Built up from the 1980s and 1990s, it is organized into many villages, ranging from condominiums and townhomes to core single-family neighborhoods and gated estate enclaves, with parks, a clubhouse, and a championship Arthur Hills golf course.
Because the community is built out and varied, the read changes by village. Most purchases are resale of homes from the community's decades of build-out, so the village, the lot, and the home's condition drive value far more than any community average. Read the condition and updates honestly, especially on older homes, before you judge a list price.
Fees vary by village. A Community Development District applies to parts of Tampa Palms, while some sections report no CDD, and homeowners association dues differ by village and by product. Confirm the exact CDD status, the HOA dues, and what each covers for the specific home, since the carrying cost can vary widely across the community.
The location is the durable asset. New Tampa places Tampa Palms near I-75, Bruce B. Downs, the University of South Florida and medical district, and the shopping and dining of the New Tampa and Wesley Chapel corridor, balanced against a longer commute to central Tampa. The honest work is matching a specific home to the closest comparable sales by village, lot, and condition, and pricing the full carrying cost before any headline number.