Terrace River
Homes for Sale in Temple Terrace, FL
True comps, carrying-cost math, and listings before the portals.
As of September 2026, Terrace River Ph 1 in Temple Terrace, FL has 4 homes for sale, asking from $319,000 to $459,900 (median $407,500). Homes listed or recently sold were built 2001 - 2007; 6 of 6 report an HOA (median $110/mo); none of the 6 geocoded homes sit in a FEMA special flood hazard zone (median elevation 36 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 · 16 daysTop listing
Active · 125 days
Active · 2 days
Active · 33 daysActive and pending Terrace River listings as of 2026-09-13, 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.

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.
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 12, 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 September 14, 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.
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
Photos 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, 6,274 homes are active and 1,939 pending (24% under contract).
In ZIP 33637 (TEMPLE TERRACE), 113 homes closed in the last 12 months at a median of $300K ($262/sq ft), down 0.2% year over year, with a median 42 days on market. Right now 18 active and 3 pending listings put supply at about 6.8 months - a buyer's 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.
Housing distress & ownership in Terrace River Ph 1 Temple Terrace, 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 September 2026 through September 2026. Deemed reliable but not guaranteed.
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, tiles © CARTO.
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
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.
HOA, CDD & Fees
- HOA dues reported around $110/month (about $1,320/yr) · median of 12 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $110 per month ($1,320 a year) - the median AssociationFee across 12 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.
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 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
Terrace River Market Scorecard
Terrace River is currently a strong buyer's market. About 24.0 months of supply, a median asking price of $407,500, and homes go under contract in about 24 days.
Typical home value in the 33637 ZIP is $299,318, right around the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
Is Terrace River a buyer's or seller's market right now?
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?
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: September 13, 2026) |
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| 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.
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 local comps.
Looking to buy here? Search homes for sale →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Terrace River Ph 1 fits the bigger picture — live prices, inventory, and Momentum Scores:
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