Terrace River
Homes for Sale in Temple Terrace, FL
All 104 homes for sale in Temple Terrace, FL · median $352,450 · 10 townhomes for sale in Temple Terrace · 31 homes for sale in 33637 · Hillsborough County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of November 2026, Terrace River Ph 1 in Temple Terrace, FL has 3 homes for sale. Homes listed or recently sold were built 2001–2007; 5 of 5 report an HOA (median $187/mo); none of the 5 geocoded homes sit in a FEMA special flood hazard zone (median elevation 34 ft).
Homes For Sale Right Now in Terrace River
Live MLS inventory for Terrace River. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 71 daysTop listing
Active · 73 days
Active · 83 days
Pending · 152 daysActive and pending Terrace River listings as of 2026-11-02, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2013 through 2026. Tap any home to ask about it.
Every Home for Sale in Terrace River Ph 1 Temple Terrace Right Now (4)
All 4 active and pending Terrace River Ph 1 Temple Terrace listings with a detail page, newest first, refreshed twice a day from the MLS.
- 7413 Terrace River Drive · $385,000 · 4 bd / 3 ba · listed Sep 8, 2026 · listed by Charles Rutenberg Realty Inc
- 7515 Terrace River Drive · $429,900 · 3 bd / 2 ba · listed Aug 25, 2026 · listed by Century 21 Circle
- 7422 Terrace River Drive · $300,000 · 3 bd / 2.5 ba · listed Aug 15, 2026 · listed by Mark Spain Real Estate
- 8116 River Mont Way · $420,000 · 4 bd / 2.5 ba · pending · listed Aug 15, 2026 · listed by Mark Spain Real Estate
Terrace River Ph 1 is a small, built-out pocket of 119 homes with almost nothing moving right now - just two active listings against a community this size. With volume that thin, the 12-month supply figure says less about buyer demand and more about how few sellers have tested the market lately. That is the real story here: this is not a community where you can read the tea leaves from a handful of data points with much confidence.
For a seller, the practical read is that you are one of very few options a buyer will see if they are targeting this footprint, which is leverage - but it also means there is no deep comp set to lean on for pricing strategy. For a buyer, the same thinness cuts the other way: when something does list, there is little competing inventory to negotiate against, so patience and a clear number in mind matter more than speed.
Figures in this note are as of July 20, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Terrace River right now
🟢 Buyer-leaning market. 24.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of September 20, 2026. Confidence: Medium (4 active and pending listings, 2 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 13, 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
Homes here were built out over a roughly three-decade span, from the mid-1970s through the mid-2000s, with the typical home dating to the early 2000s and running larger than a starter footprint at just under 2,300 square feet of living space.
Stellar MLS sales records identify 69 homes in Terrace River that have changed hands since 2004, built between 1975 and 2007 (median 2006), with a median living area of about 2,052 sq ft and a typical 3-bedroom, 2.5-bath layout. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 3 qualified sales in Terrace River across 2024 - 2025 (2 in 2024, 1 in 2025), median $355,000 - the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of Terrace River. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Terrace RiverTerrace RiverTerrace RiverTerrace River
Terrace RiverPhotos from Stellar MLS listings in Terrace River; content deemed reliable but not guaranteed.
Who Terrace River is best for.
Best for
- Buyers seeking a larger, established home footprint (around 2,300 square feet) rather than a newer, smaller build
- Buyers who value owner-occupancy patterns and are comfortable with deed-restricted community rules
- Buyers with flexible timing who can wait for the right listing in a low-inventory pocket
Probably not for
- Buyers who need a wide selection of active listings to compare before deciding
- Buyers on a tight relocation timeline who cannot wait for limited inventory to turn over
- Buyers seeking a newly built home, given the community's build range tops out in the mid-2000s
The market around Terrace River
Terrace River is too small for its own price trend, so here is the market around it.
In ZIP 33637, 72 homes are on the market and 21% are under contract — a steady corner of Temple Terrace.
Across Hillsborough County, 6,324 homes are active and 1,810 pending (22% under contract).
In ZIP 33637 (Temple Terrace), 119 homes closed in the last 12 months at a median of $300K ($262/sq ft), down 2.0% year over year, with a median 42 days on market. Right now 30 active and 5 pending listings put supply at about 3.0 months - a balanced market. See the live ZIP 33637 housing market and the Hillsborough County market.
ZIP and county figures describe the wider market, not Terrace River specifically. Momentum Research analysis of MLS records.
Terrace River on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap contributors.
Life at Terrace River
- Tennis Court(s) · reported on 3 of 3 listings
- Park · reported on 1 of 3 listings
- Deed Restrictions · reported on 1 of 3 listings
Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
Schools
- Hillsborough County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Hillsborough County Public Schools (verify by address) · Public
- Confirm zoned elementary, middle, and high · By address
- Magnet, IB, and choice options may apply · Choice
Zoned schools reflect the assignments reported on recent Terrace River listings and can change; always confirm with Hillsborough County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Terrace River address.
Shop the zone: Homes zoned for King-Hb High School
Recent Developments in Terrace River Ph 1
Development, infrastructure, retail, and school activity affecting Terrace River Ph 1, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- August 2026Development
AECOM Hunt selected as construction manager for proposed $2.3 billion Rays ballpark in Tampa
AECOM Hunt joined the design team led by Populous for the proposed ballpark on a site that includes Hillsborough College property. The stadium would have at least 28,000 fixed seats, with a construction start targeted for September 2026 and completion by late 2028. Tampa's public contribution is up to $80 million and financing is not finalized.
What it may mean for the marketA large ballpark and surrounding mixed-use district would add construction jobs, event traffic and retail demand on the Dale Mabry corridor. The site is about 8 miles west of Terrace River Ph 1.
Source: Tampa Bay Business and Wealth - August 2026Infrastructure
Four firms vie to build Tampa International Airport's $150 million control tower
TPA narrowed the field to four builders for a new blast-resistant air traffic control tower on about 2 acres northwest of the main terminal. The budget is about $150 million, with board selection expected Oct. 1 and substantial completion targeted for March 2029.
What it may mean for the marketAirport capital spending supports construction employment and long-term air service capacity for the region. The site is about 10 miles west of Terrace River Ph 1.
Source: Tampa Bay Business and Wealth - August 2026Development
ONE Tampa condo tower tops out at 42 stories with nearly 70% of units sold
Kolter Urban's 42-story tower at North Ashley Drive and East Twiggs Street has 225 residences and is capped at 649 feet by aviation limits. Closings are expected to begin in the third quarter of 2027. About 5,000 square feet of ground-floor restaurant space is planned.
What it may mean for the marketNew downtown condo inventory and ground-floor dining add housing choices and walkable amenities near Curtis Hixon Waterfront Park. The project is about 7 miles southwest of Terrace River Ph 1, elsewhere in Hillsborough County.
Source: Tampa Bay Business and Wealth - July 2026Development
33-story tower planned for Water Street Tampa expansion
Strategic Property Partners plans a 33-story mixed use tower at Water Street and Cumberland Avenue in downtown Tampa on a 1.9-acre site. The building would hold 452 residential units ranging from studios to three bedrooms plus about 37,000 square feet of retail and 645 parking spaces. Construction is scheduled to begin in spring 2027 with completion targeted for 2029.
What it may mean for the marketAdds a 33 story tower with 452 residential units and ground floor retail to the downtown Tampa market, continuing the buildout of the Water Street district and expanding high rise housing supply. The project is about 7 miles southwest of Terrace River Ph 1, elsewhere in Hillsborough County.
Source: Florida YIMBY - July 2026Development
Mercy Oaks II affordable apartments open on North Florida Avenue
Catholic Charities, with the City of Tampa and Hillsborough County, completed Mercy Oaks II, a 17-unit affordable apartment building on North Florida Avenue in East Tampa built on the site of a former strip mall. The project includes 15 one-bedroom and two two-bedroom units, with seven units serving households up to 80 percent of area median income and ten up to 50 percent. It was supported by 1.25 million dollars in state SHIP funds from the city and sits next to the 20-unit Mercy Oaks I completed in 2022.
What it may mean for the marketAdds 17 income restricted apartments on a former strip mall site, expanding the affordable rental supply and converting vacant commercial land to housing. The project is about 5 miles west of Terrace River Ph 1, elsewhere in Hillsborough County.
Source: City of Tampa - July 2026Builder Activity
First 3D-printed affordable home nears completion in East Tampa
The nonprofit Corporation to Develop Communities of Tampa is completing Tampa's first 3D-printed affordable home on Lurline Circle in East Tampa, using a gantry-style printer that layers concrete for the walls. The house is expected to be finished within weeks and listed for sale in about two months, with down payment assistance and first time homebuyer programs available. The effort is part of a broader CDC initiative that includes more than 90 multifamily units in East Tampa.
What it may mean for the marketIntroduces 3D concrete printing construction to the local for sale housing market, with a new single family home and additional multifamily units planned. The method signals a new building technique entering the area home supply. The project is about 3 miles southwest of Terrace River Ph 1, elsewhere in Hillsborough County.
Source: Bay News 9
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Terrace River buying strategy.
If we were buying in Terrace River 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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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 Terrace River.
A small, established slice of Temple Terrace
The build timeline - 1975 through 2007, with a median year of 2002 - means Terrace River Ph 1 blends older, more established construction with a newer wave of homes from the early 2000s. That spread is worth walking a buyer through room by room rather than assuming uniformity across the community; a 1970s-era home and a 2005-built home on the same street can carry very different systems, layouts, and lot treatments even under one HOA.
Just over half of the homes (53.8%) carry a homestead exemption, which points to a community with a meaningful base of owner-occupied primary residences rather than one dominated by investment or seasonal ownership. Deed restrictions apply, and the community lists tennis courts and a park among its shared amenities - worth confirming directly with the HOA on current access and condition, since MLS-reported amenities can lag reality.
The location and the amenities are priced into every listing in Terrace River. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with only two active listings, generic market data will not tell you much - you need someone tracking this specific pocket closely, cross-checking HOA amenity details, and pricing off the actual condition and vintage of a home rather than a thin comp set. That is the kind of legwork we do before we ever put a number in front of a client.
Terrace River in 15 seconds.
Tools for a Terrace River 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 Terrace River sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Terrace River, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Terrace River home worth?
Get a no-obligation home value based on real comparable sales in Terrace River, 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 all homes for sale in Temple Terrace →
Recently off market in Terrace River Ph 1
Homes in Terrace River Ph 1 that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 7425 Terrace River Drive · off market
| Location | Temple Terrace, Hillsborough County, FL |
|---|---|
| Home types (current listings and sales) | townhouses 60%, single-family 40% |
| Amenities listed by sellers | Tennis Court(s), Community Mailbox, Deed Restrictions, None, Park, Racquetball |
| For sale right now | 3 active, 1 pending · median asking $385,000 · 36.0 months of supply |
| Zoned public schools | Hillsborough County Public Schools (verify by address); Confirm zoned elementary, middle, and high; Magnet, IB, and choice options may apply |
Data as of November 6, 2026. Based on Stellar MLS data distributed by MLS GRID. Market figures describe homes, not residents. Cite as: Momentum Realty, “Terrace River key facts,” movewithmomentum.com/neighborhoods/terrace-river-ph-1-temple-terrace, data as of November 6, 2026.
Housing distress & ownership in Terrace River Ph 1, Temple Terrace
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period October 2026 through October 2026. Deemed reliable but not guaranteed.
Just listed in Terrace River
The newest homes for sale in Terrace River right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 7515 Terrace River Drive $429,900 · 3 bd · 2 ba · 1,860 sq ft · listed Aug 20, 2026 Courtesy of CENTURY 21 CIRCLE
- 7413 Terrace River Drive $385,000 · 4 bd · 3 ba · 2,157 sq ft · listed Aug 18, 2026 Courtesy of CHARLES RUTENBERG REALTY INC
- 7422 Terrace River Drive $300,000 · 3 bd · 2.5 ba · 1,897 sq ft · listed Aug 8, 2026 Courtesy of MARK SPAIN REAL ESTATE
Checked against the MLS nightly. All new listings in this market.
More Temple Terrace home searches
- All homes for sale in Temple Terrace, FL
- Homes for sale in Hillsborough County, FL
- Temple Terrace pool homes for sale
- Temple Terrace home values: what is my house worth?
- ZIP 33637 housing scorecard
- 7 coming-soon communities in Hillsborough County
Temple Terrace guides & data
- Market data
- Cost of living
- Best neighborhoods
- Property taxes (Hillsborough County)
- Homestead exemption (Hillsborough County)
- Home insurance cost
- New construction (Hillsborough County)
- ZIP codes
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Terrace River Drive (21 homes on record)
- Terrace River Drive (10 homes on record)
- Terrace River Drive (8 homes on record)
- Terrace River Drive (8 homes on record)
- Terrace River Drive (3 homes on record)
- Terrace River Drive (3 homes on record)
- Terrace River Drive (3 homes on record)
- Terrace River Drive (2 homes on record)
- Terrace River Drive (2 homes on record)
- Terrace River Drive (1 homes on record)
What it really costs to own in Terrace River
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| HOA dues | Median $110/month across 6 MLS listings (most billed monthly; 2026-11-13). Dues cover what the documents say they cover; ask for the budget and reserve study. |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Hillsborough County is $1,816/yr (6,518 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 2007 across 5 listings. An original roof here would be about 19 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Email me new listings in Terrace River
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Terrace River
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Terrace River will answer, and the answer is published on this page for the next buyer.
19% of homes for sale in ZIP 33637 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 (2026-11-13).
Frequently Asked Questions
Is Terrace River a buyer's or seller's market right now?
How many homes are in Terrace River?
What share of Terrace River is owner-occupied?
When were the homes in Terrace River built?
What schools serve Terrace River?
Who is the best real estate agent for Terrace River?
How do I find a top Temple Terrace real estate agent who knows Terrace River?
Can Momentum Realty connect me with an agent for Terrace River?
Where is Terrace River, and what county is it in?
Should you buy in Terrace River?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: November 2, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 33637)) |
| Under-contract shares | Stellar MLS records, as of 2026-09-20 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-sale records back to 2013 (33 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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See how Terrace River Ph 1 fits the bigger picture — live prices, inventory, and Momentum Scores: