TAMPA PALMS AREA 2 UNIT 5B
Homes for Sale in TAMPA, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Price here is driven by condition and square footage more than location premium. This is an established pocket built between 1989 and 1996, with a median size just over 2,000 square feet and a median around $405,000. At roughly $210 per square foot, what you pay tracks closely to how much updating a given home has had since it was built. Expect a wide spread between renovated and original-condition homes.
The current posture favors patient buyers. Homes are sitting a median of 100 days, and the median price is down 10% year over year. That combination means sellers no longer set the terms, and buyers who are willing to wait and negotiate have room to work. Sellers who price to the current market and present well can still close; those anchored to last year's numbers will keep watching days pile up.
TAMPA PALMS AREA 2 UNIT 5B right now
🟡 Still climbing. The trailing-12-month median ($660K) is up 4.1% from the prior 12 months ($634K). 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 August 2. Confidence: Medium (9 and 18 sales in the two windows).
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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
TAMPA PALMS AREA 2 UNIT 5B market snapshot (as of August 2, 2026): the median sale price is about $660K ($212 per sq ft over the trailing 12 months of closed sales), and a median 75 days on market for closed sales. The trailing-12-month median is up 4% from the prior 12 months, computed from record-level Stellar MLS closed sales (9 closings in the current window).
TAMPA PALMS AREA 2 UNIT 5B is a community of 273 homes in TAMPA, Hillsborough County, built between 1989 and 2024 (median 1991.0), with a median living area of about 3,040 square feet. 81% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
This is a mature, low-turnover section of Tampa Palms in Hillsborough County, where homes were built over a tight 1989–1996 window and most are owner-occupied. It reads as a settled, stable enclave rather than a fast-moving market.
Who TAMPA PALMS AREA 2 UNIT 5B is best for.
Best for
- Long-hold buyers around the mid-$400,000s who value a mature, low-turnover setting over new construction
- Buyers willing to trade a longer search and negotiation for a home near the $405,000 median
- Renovation-minded buyers ready to take on an original-condition home and price the work in
Probably not for
- Buyers who need to close and move on a short timeline
- Sellers unwilling to price to a market that is down 10% year over year
- Buyers expecting a fast-appreciating, high-turnover market with plenty of comparable sales
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 ($660K) IS the median in the snapshot above, and the move from 2025 ($634K) IS the +4.1% one-year change.
Windows contain 0 to 18 sales each (9 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 2011 through 2026. Deemed reliable but not guaranteed.
23% of homes for sale in ZIP 33647 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 TAMPA PALMS AREA 2 UNIT 5B buying strategy.
If we were buying in TAMPA PALMS AREA 2 UNIT 5B 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 TAMPA PALMS AREA 2 UNIT 5B.
A settled section repricing in real time
With 103 homes and a homestead share around 72%, this is a section where most owners are in for the long haul, which keeps inventory thin and turnover slow. The narrow construction window means floor plans and lot sizes are fairly consistent, so the real variable between listings is how much work an owner has put in over the decades since the early 1990s.
The 100-day median days-on-market and the 10% year-over-year decline tell you the market is actively recalibrating. Only five closings anchor this window, so read individual comps carefully rather than leaning on the median alone. A dated home and a refreshed one can carry very different real values even at similar asking prices.
The location and the amenities are priced into every listing in TAMPA PALMS AREA 2 UNIT 5B. 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 TAMPA PALMS AREA 2 UNIT 5B 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 (6.2). Basis: Recent Direction +4.1% year-over-year; Owner Commitment 81% owner-occupied; Pricing Power 90.0% sale-to-list. Refreshed with each data update.
Why work with Momentum here
With a thin closings window and a wide condition-driven spread, the median alone will not tell you what a specific home is worth. We walk the actual comps, weigh renovation level against original-condition sales, and price or negotiate against a market that is clearly moving — not against last year's number.
TAMPA PALMS AREA 2 UNIT 5B 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 TAMPA PALMS AREA 2 UNIT 5B 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 TAMPA PALMS AREA 2 UNIT 5B sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in TAMPA PALMS AREA 2 UNIT 5B, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your TAMPA PALMS AREA 2 UNIT 5B home worth?
Get a no-obligation home value based on real comparable sales in TAMPA PALMS AREA 2 UNIT 5B, 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 TAMPA PALMS AREA 2 UNIT 5B?
How long do homes in TAMPA PALMS AREA 2 UNIT 5B take to sell?
How many homes are in TAMPA PALMS AREA 2 UNIT 5B?
What share of TAMPA PALMS AREA 2 UNIT 5B is owner-occupied?
When were the homes in TAMPA PALMS AREA 2 UNIT 5B built?
Do cash buyers compete in TAMPA PALMS AREA 2 UNIT 5B?
Who is the best real estate agent for TAMPA PALMS AREA 2 UNIT 5B?
How do I find a top TAMPA real estate agent who knows TAMPA PALMS AREA 2 UNIT 5B?
Can Momentum Realty connect me with an agent for TAMPA PALMS AREA 2 UNIT 5B?
Should you buy in TAMPA PALMS AREA 2 UNIT 5B?
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 (11 streets, ZIP 33647/33649)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2011 (69 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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