THE PRESERVE AT TEMPLE TERRACE
Homes for Sale in TEMPLE TERRACE, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Stellar MLS
The Preserve At Temple Terrace is a tight, single-vintage pocket: everything here dates to 1999, with a median footprint right around 1,081 square feet. When the housing stock is this uniform, price is driven less by floor plan and more by condition and updates. At a median of $126,500 and roughly $132 per square foot, this reads as an attainable, condo-scale segment where a renovated unit and a tired one can sit far apart despite looking identical on paper.
The current posture favors patience on both sides. A median of 96 days on market is slow, and prices are down 11.2% year over year, so sellers should price to the current comps rather than last year's, and be ready to negotiate on condition. Buyers have time and leverage here — there is no reason to rush — but they should underwrite for the deferred maintenance that a 1999-built, largely non-owner-occupied inventory tends to carry.
THE PRESERVE AT TEMPLE TERRACE right now
🔴 Off the recent peak. The trailing-12-month median ($126K) is down 11.2% from the prior 12 months ($142K). With about 2 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 (6 and 6 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
THE PRESERVE AT TEMPLE TERRACE market snapshot (as of August 2, 2026): the median sale price is about $126K ($132 per sq ft over the trailing 12 months of closed sales), and a median 96 days on market for closed sales. The trailing-12-month median is down 11% from the prior 12 months, computed from record-level Stellar MLS closed sales (6 closings in the current window).
THE PRESERVE AT TEMPLE TERRACE is a community of 340 homes in TEMPLE TERRACE, Hillsborough County, built between 1999 and 1999 (median 1999.0), with a median living area of about 1,081 square feet. 2% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
This is a compact, uniform 1999-built community of about 340 homes where owner-occupancy is very low, at roughly 2%. That mix, plus modest square footage and an attainable median, points to a segment that trades more like investor and entry inventory than like a move-up neighborhood.
The setting & the homes.
Aerial and on-site photos of THE PRESERVE AT TEMPLE TERRACE. Swipe to explore the community.
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THE PRESERVE AT TEMPLE TERRACEPhotos from Stellar MLS listings in THE PRESERVE AT TEMPLE TERRACE; content deemed reliable but not guaranteed.
Who THE PRESERVE AT TEMPLE TERRACE is best for.
Best for
- Investors targeting an attainable, rental-oriented segment who can underwrite condition
- First-time buyers on a modest budget who want a smaller, single-story-scale footprint
- Value-focused buyers willing to update an original 1999 interior over time
Probably not for
- Buyers needing significantly more than roughly 1,081 square feet of living space
- Sellers expecting last year's pricing in a market down 11.2% year over year
- Anyone who wants a quick sale or purchase rather than a slow, negotiate-on-condition timeline
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 ($126K) IS the median in the snapshot above, and the move from 2025 ($142K) IS the -11.2% one-year change.
Windows contain 0 to 6 sales each (6 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 2014 through 2026. Deemed reliable but not guaranteed.
20% 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 (2026-08-01).
THE PRESERVE AT TEMPLE TERRACE Market Scorecard
THE PRESERVE AT TEMPLE TERRACE is currently a balanced market..
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Stellar MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in THE PRESERVE AT 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 August 2026 through August 2026. Deemed reliable but not guaranteed.
THE PRESERVE AT TEMPLE TERRACE 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.
The THE PRESERVE AT TEMPLE TERRACE buying strategy.
If we were buying in THE PRESERVE AT TEMPLE TERRACE 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 THE PRESERVE AT TEMPLE TERRACE.
One vintage, condition-driven pricing
With every home built in 1999 and a median living area near 1,081 square feet, the variable that moves a sale here is the interior — updated kitchens, baths, flooring, and systems versus original finishes. There is no premium to chase for a bigger or newer plan; the spread comes from what has been done to the unit. Expect to compare units almost line for line and to let condition, not square footage, set your number.
The homestead share of about 2% tells you most of this inventory is not owner-occupied, which typically means a rental-heavy setting and a market sensitive to investor demand. That can widen the gap between well-kept and neglected units and can make financing and HOA details worth checking early. Pair that with a 96-day median and an 11.2% annual decline, and the read is a soft, buyer-favorable market rather than a competitive one.
The location and the amenities are priced into every listing in THE PRESERVE AT TEMPLE TERRACE. 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 THE PRESERVE AT TEMPLE TERRACE 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 (1.4). Basis: Recent Direction -11.2% year-over-year; Owner Commitment 2% owner-occupied; Pricing Power 86.2% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a single-vintage, condition-driven market like this, the money is made or lost on the comps and the inspection, not the listing photos. We price against what has actually closed in the current window, flag deferred maintenance before it becomes a renegotiation, and help investors and owner-occupants alike read the rental-heavy ownership picture and its financing implications honestly.
THE PRESERVE AT TEMPLE TERRACE 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 THE PRESERVE AT TEMPLE TERRACE 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 THE PRESERVE AT TEMPLE TERRACE sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in THE PRESERVE AT TEMPLE TERRACE, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your THE PRESERVE AT TEMPLE TERRACE home worth?
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Recent Developments in The Preserve At
Development, infrastructure, retail, and school activity affecting The Preserve At, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- 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 site is about 1 mile south of The Preserve At.
Source: Florida YIMBY - July 2026Infrastructure
New Interstate 75 interchange planned for Parrish area access
A new Interstate 75 interchange is being planned to improve access for the Parrish area, primarily located in Hillsborough County and connecting to Manatee County through a possible Fort Hamer Road extension. The project is in the planning phase.
What it may mean for the marketPlans a new interstate interchange that would expand road capacity and connectivity for a growing area, potentially shaping future development patterns along the corridor. The project is about 25 miles south of The Preserve At, elsewhere in Hillsborough County.
Source: Tampa Bay Times - 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 4 miles north of The Preserve At, 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 northeast of The Preserve At, 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.
Frequently Asked Questions
What is the median home price in THE PRESERVE AT TEMPLE TERRACE?
How long do homes in THE PRESERVE AT TEMPLE TERRACE take to sell?
How many homes are in THE PRESERVE AT TEMPLE TERRACE?
What share of THE PRESERVE AT TEMPLE TERRACE is owner-occupied?
When were the homes in THE PRESERVE AT TEMPLE TERRACE built?
Do cash buyers compete in THE PRESERVE AT TEMPLE TERRACE?
Who is the best real estate agent for THE PRESERVE AT TEMPLE TERRACE?
How do I find a top TEMPLE TERRACE real estate agent who knows THE PRESERVE AT TEMPLE TERRACE?
Can Momentum Realty connect me with an agent for THE PRESERVE AT TEMPLE TERRACE?
Should you buy in THE PRESERVE AT TEMPLE TERRACE?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near THE PRESERVE AT TEMPLE TERRACE with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: August 2, 2026) |
| 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 (10 streets, ZIP 33637)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2014 (24 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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