TARAWOOD
Homes for Sale in TAMPA, FL

Community in TAMPA · Hillsborough County · ZIP 33618
100 homesBuilt 1978–1997Median sale $510K
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Live Market Pulse
63/100
Market Heat
Hotter than normal
2015 → 2026 · 72 at the 2022 peak
0 is TARAWOOD's coldest market since 2015, 100 its hottest. Today: 63. How it's scored
Built fromLive Stellar MLS data21 years of closingsFL DOR public recordsUpdated twice daily
Live · TARAWOOD Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$510K
Median sold · 12 mo
$252/sf
Sold $/sqft · 12 mo
peak $252 in 2026
100.0%
Sale vs ask
Hillsborough median: 96.0%
Tempo
4days
Median DOM · closed
4 days at the 2026 low
7
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
94%
Owner-occupied · TARAWOOD
95 of 101 parcels homesteaded (FL DOR 2025)
6%
Non-owner-occupied · TARAWOOD
incl. 3% trust or LLC-held · 2% out-of-state
25%
Cash buyers · TARAWOOD
2 of 8 sales, 12 mo ending June 2026
100
Homes in the community
plus 1 vacant residential lots · 101 residential parcels (FL DOR 2025)
Track record · 21 years of records
Est. 1978
Community established
homes built 1978-1997, median 1979 (FL DOR 2025)
3
Failed listings · 2026
peaked at 14 in 2025
1,965sqft
Median sold home size
12-mo windows, closed sales
7.0%/yr
Turnover rate
about 7 of 100 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Tarawood is a tight, established pocket of Tampa where the numbers point to a stable, owner-occupied base doing most of the buying and selling. With homestead exemptions on 94.1% of homes, this is not a market where investor turnover or short-term rentals set the pace — it is neighbors trading with neighbors, and that shows up in how orderly the pricing looks relative to how fast homes move.

A median of 4 days on market against a market heat score of 69 tells you demand is currently outrunning the available inventory of 100 homes. For sellers, that argues for pricing at or near the $510,000 median rather than testing the market — well-priced listings are not sitting long enough to need a correction. For buyers, it means having financing and decisions ready before you tour, because the window to act is measured in days, not weeks.

The 60-Second Overview

TARAWOOD market snapshot (as of August 2, 2026): the median sale price is about $510K ($252 per sq ft over the trailing 12 months of closed sales), and a median 4 days on market for closed sales.

TARAWOOD is a community of 100 homes in TAMPA, Hillsborough County, built between 1978 and 1997 (median 1979.0), with a median living area of about 2,276 square feet. 94% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Tarawood's homes were largely built between 1978 and 1997, giving the community a consistent architectural era rather than a mix of decades, and a median living area of 2,275.5 square feet that skews toward larger, established single-family floor plans rather than starter-sized product.

Best for

  • Buyers wanting a larger, established single-family home with more square footage than newer subdivisions typically offer
  • Buyers comfortable moving quickly on financing and decisions in a fast-clearing market
  • Sellers with a well-maintained or updated home who want to test a market currently favoring quick, clean closings

Probably not for

  • Buyers who need a slower search timeline to compare multiple options before committing
  • Buyers specifically seeking newer construction, since Tarawood's homes date to 1978-1997
  • Buyers relying on a clubhouse, pool, or other formal amenity package, since none is currently identified in MLS data

Windows contain 0 to 13 sales each (7 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 2005 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$300K$400K$500K20122014201620182020202220242026
Every sale since 2005 · price vs size
$0$200K$400K$600K1k2k2k2k
62 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$200$25020122014201620182020202220242026
Up from $115 in 2012 to a $252 peak in 2026; $252 now.
Median days on market · closed sales
0204020122014201620182020202220242026
4 days at the 2026 low; 4 now.
Sale price vs original ask · median
92%95%98%100%20122014201620182020202220242026
100.0% now vs Hillsborough 96.0%.
Homes sold per 12-mo window
051020122014201620182020202220242026
0 to 13 a year; 7 in the current window.
Sellers who gave up · failed listings per year
0510152008201620242026
Canceled, expired, or withdrawn. 14 quit in 2025; 3 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2016202220242026
72 at the 2022 peak, 22 in the troughs, 63 now. Same score as the hero card, full history.
How much local inventory is already under contract

32% of homes for sale in ZIP 33618 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).

If we were buying in TARAWOOD 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 TARAWOOD.

Best Buy
Buyers and sellers focused on an established, larger-square-footage home in an owner-occupied Tampa community.
Biggest Risk
With no amenities identified from current listings, any community lifestyle draw is unverified — confirm it directly rather than assume it.
Sweet Spot
Move-in-ready homes near the $510,000 median with updated systems tend to clear quickest in this pace of market.
Avoid If
You need weeks to make offer decisions or you're specifically shopping for newer construction — Tarawood's stock dates to 1978-1997.

What actually moves a Tarawood listing

At a median $252.48 per square foot, Tarawood prices in line with an older, larger-footprint housing stock rather than newer construction premiums. Because the homes span roughly two decades of build years with a median year built of 1979, condition and updates do more to separate one listing's value from another's than age alone — two homes of similar size can price differently based on what has been touched inside.

The 4-day median days-on-market is the number that should anchor any strategy here. Combined with a heat score of 69, it signals a market where accurately priced homes clear quickly and overpriced ones become obvious fast. There is no posted list of community amenities from current MLS data, so any lifestyle draw here is about the home and its lot, not a clubhouse or gated feature set — worth confirming directly if that matters to your search.

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

A 4-day median days-on-market leaves almost no room for hesitation — offers need to be ready before a showing, and sellers need pricing dialed in before the sign goes in the yard. We track Tarawood's live listings and recent closings directly off the MLS feed, so you are working from what is actually happening this week, not a stale estimate.

TARAWOOD in 15 seconds.

Best forBuyers and sellers focused on an established, larger-square-footage home in an owner-occupied Tampa community.
Biggest advantageHomes here move fast — a 4-day median days-on-market rewards sellers who price accurately and buyers who move decisively.
Biggest riskWith no amenities identified from current listings, any community lifestyle draw is unverified — confirm it directly rather than assume it.
Sweet spotMove-in-ready homes near the $510,000 median with updated systems tend to clear quickest in this pace of market.
Avoid ifYou need weeks to make offer decisions or you're specifically shopping for newer construction — Tarawood's stock dates to 1978-1997.

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 TARAWOOD sales matched to your home.

What is your TARAWOOD home worth?

Get a no-obligation home value based on real comparable sales in TARAWOOD, 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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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in TARAWOOD?
The median sale price in TARAWOOD was $510K over the 12 months ending August 2, 2026 (7 closed sales, Stellar MLS).
How long do homes in TARAWOOD take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 4 days on market (7 sales, Stellar MLS).
How many homes are in TARAWOOD?
The Florida DOR 2025 assessment roll shows 100 homes plus 1 vacant residential lots in TARAWOOD (public records).
What share of TARAWOOD is owner-occupied?
94% of TARAWOOD parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in TARAWOOD built?
Homes in TARAWOOD were built between 1978 and 1997, with a median year built of 1979.0 (FL DOR 2025 roll).
Do cash buyers compete in TARAWOOD?
Cash buyers took 25% of TARAWOOD sales in the 12 months ending June 2026 (2 of 8 closings, Stellar MLS).
Who is the best real estate agent for TARAWOOD?
The best agent for TARAWOOD is one who actively works TAMPA 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 TARAWOOD.
How do I find a top TAMPA real estate agent who knows TARAWOOD?
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 TARAWOOD and the wider TAMPA area.
Can Momentum Realty connect me with an agent for TARAWOOD?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your TARAWOOD purchase or sale - no call center and no pressure.
Buyers wanting a larger, established single-family home with more square footage than newer subdivisions typically offerExcellent fit
Buyers comfortable moving quickly on financing and decisions in a fast-clearing marketExcellent fit
Sellers with a well-maintained or updated home who want to test a market currently favoring quick, clean closingsExcellent fit
Buyers who need a slower search timeline to compare multiple options before committingProbably not
Buyers specifically seeking newer construction, since Tarawood's homes date to 1978-1997Probably not
Buyers relying on a clubhouse, pool, or other formal amenity package, since none is currently identified in MLS dataProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (5 streets, ZIP 33618/34436))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2005 (62 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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More Tampa & Tampa & Hillsborough County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Tampa & Hillsborough County or the full Neighborhood Finder.

Thinking of selling in TARAWOOD? 7 recorded closings; median 4 days on market (window ending 2026-08-02). See the Hillsborough County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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