University Square Unit 1
Homes for Sale in Temple Terrace, FL

Community in Temple Terrace · Hillsborough County
193 homesBuilt 1910–2024Median sale $222K
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Built fromLive Stellar MLS data4 years of closingsFL DOR public recordsUpdated twice daily
Live · University Square Unit 1 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$222K
Median sold · 12 mo
down 12.1% vs the prior 12 months
-12.1%
1-yr price change
n = 4 and 3 sales in the two windows
$150/sf
Sold $/sqft · 12 mo
peak $164 in 2025
94.4%
Sale vs ask
Hillsborough median: 95.9%
Tempo
8days
Median DOM · closed
5 days at the 2024 low
4
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
59%
Owner-occupied · University Square Unit 1
120 of 202 parcels homesteaded (FL DOR 2025)
41%
Non-owner-occupied · University Square Unit 1
incl. 10% trust or LLC-held · 4% out-of-state
75%
Cash buyers · University Square Unit 1
3 of 4 sales, 12 mo ending June 2026
193
Homes in the community
plus 9 vacant residential lots · 202 residential parcels (FL DOR 2025)
Track record · 4 years of records
Est. 1910
Community established
homes built 1910-2024, median 1969 (FL DOR 2025)
0
Failed listings · 2020
peaked at 1 in 2020
1,320sqft
Median sold home size
12-mo windows, closed sales
2.1%/yr
Turnover rate
about 4 of 193 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by condition and vintage, not by a tidy modern floor plan. With a median build year of 1969 and a stock that stretches from 1910 all the way to 2024, two homes on the same street can trade for very different numbers depending on what's been updated. The median sits at $222,500, and at roughly $150 per square foot on a median of about 1,747 living square feet, this is priced well below much of the Tampa Bay metro.

The current posture is fast but softer than a year ago. Median days on market is just 8, so well-prepared listings move quickly, yet prices are down 12.1% year over year. That combination favors a prepared buyer: you can act decisively without the frenzy of a rising market, while sellers need to price to the current reality rather than last year's comps. One caveat on the tempo read — only 4 closings sit in this window, so treat the speed and the price swing as directional, not precise.

University Square Unit 1 Housing Pulse · Momentum Research · as of July 13, 2026

University Square Unit 1 right now

🔴 Off the recent peak. The trailing-12-month median ($222K) is down 12.1% from the prior 12 months ($253K). 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 July 13. Confidence: Low (4 and 3 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 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

University Square Unit 1 market snapshot (as of July 13, 2026): the median sale price is about $222K ($150 per sq ft over the trailing 12 months of closed sales), and a median 8 days on market for closed sales. The trailing-12-month median is down 12% from the prior 12 months, computed from record-level Stellar MLS closed sales (4 closings in the current window).

University Square Unit 1 is a community of 193 homes in Temple Terrace, Hillsborough County, built between 1910 and 2024 (median 1969), with a median living area of about 1,747 square feet. 59% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

University Square Unit 1 is a compact, established pocket of Temple Terrace in Hillsborough County — 193 homes spanning more than a century of construction, where the value question is almost always about condition rather than square footage.

Best for

  • Buyers targeting a mid-$200s price point who want to stay under typical Tampa Bay metro costs
  • Renovation-minded buyers comfortable weighing updates, roof, and systems into their offer
  • Long-hold owner-occupants who value an established, stable street over new construction

Probably not for

  • Buyers who require new-build finishes and consistent, predictable floor plans
  • Shoppers who want a large modern footprint well beyond the roughly 1,747-sqft median
  • Investors who need deep, uniform comp data to model a quick flip with confidence

If we were buying in University Square Unit 1 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 University Square Unit 1.

Best Buy
Buyers who want an established Temple Terrace address at a below-metro price point.
Biggest Risk
A thin sample of recent closings makes any single stat directional, not precise.
Sweet Spot
An updated home bought with clear eyes on its systems and comps.
Avoid If
You need turnkey new construction and won't consider a renovation.

A condition-driven market, not a spec market

When a neighborhood's homes range from 1910 to 2024 with a median around 1969, the median price tells you less than usual. Expect a wide spread underneath that $222,500 figure: original mid-century houses, gut renovations, and a handful of newer builds all live here. Read each home on its own merits — roof, systems, and updates matter far more than the headline number.

Just under 60% of homes carry a homestead exemption, which points to a core of owner-occupants rather than a block dominated by short-term turnover. For a buyer, that stability is a plus; for a seller, it means comparable sales can be thin and uneven, which is exactly why pricing off recent, condition-matched activity beats pricing off a neighborhood average.

The location and the amenities are priced into every listing in University Square Unit 1. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
5.1C · Buy Score
Recent Direction3.0/10
Owner Commitment5.9/10
Pricing Power6.3/10

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 (5.1). Basis: Recent Direction -12.1% year-over-year; Owner Commitment 59% owner-occupied; Pricing Power 94.4% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a market this condition-sensitive and this thinly traded, the average price does not price a specific house. We underwrite each home against the updates it actually has, factor in the 12.1% year-over-year move, and help you set an offer or a list price that reflects the real comps rather than the headline median. With a fast 8-day median, we also make sure you're ready to move before the right listing appears.

University Square Unit 1 in 15 seconds.

Best forBuyers who want an established Temple Terrace address at a below-metro price point.
Biggest advantagePriced near $149/sqft, well under much of the Tampa Bay metro.
Biggest riskA thin sample of recent closings makes any single stat directional, not precise.
Sweet spotAn updated home bought with clear eyes on its systems and comps.
Avoid ifYou need turnkey new construction and won't consider a renovation.

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 University Square Unit 1 sales matched to your home.

What is your University Square Unit 1 home worth?

Get a no-obligation home value based on real comparable sales in University Square Unit 1, 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 homes for sale in University Square Unit 1 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in University Square Unit 1?
The median sale price in University Square Unit 1 was $222K over the 12 months ending July 13, 2026 (4 closed sales, Stellar MLS).
How long do homes in University Square Unit 1 take to sell?
Homes that closed in the 12 months ending July 13, 2026 took a median 8 days on market (4 sales, Stellar MLS).
How many homes are in University Square Unit 1?
The Florida DOR 2025 assessment roll shows 193 homes plus 9 vacant residential lots in University Square Unit 1 (public records).
What share of University Square Unit 1 is owner-occupied?
59% of University Square Unit 1 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in University Square Unit 1 built?
Homes in University Square Unit 1 were built between 1910 and 2024, with a median year built of 1969 (FL DOR 2025 roll).
Do cash buyers compete in University Square Unit 1?
Cash buyers took 75% of University Square Unit 1 sales in the 12 months ending June 2026 (3 of 4 closings, Stellar MLS).
Who is the best real estate agent for University Square Unit 1?
The best agent for University Square Unit 1 is one who actively works Temple Terrace 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 University Square Unit 1.
How do I find a top Temple Terrace real estate agent who knows University Square Unit 1?
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 University Square Unit 1 and the wider Temple Terrace area.
Can Momentum Realty connect me with an agent for University Square Unit 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your University Square Unit 1 purchase or sale - no call center and no pressure.
Buyers targeting a mid-$200s price point who want to stay under typical Tampa Bay metro costsExcellent fit
Renovation-minded buyers comfortable weighing updates, roof, and systems into their offerExcellent fit
Long-hold owner-occupants who value an established, stable street over new constructionExcellent fit
Buyers who require new-build finishes and consistent, predictable floor plansProbably not
Shoppers who want a large modern footprint well beyond the roughly 1,747-sqft medianProbably not
Investors who need deep, uniform comp data to model a quick flip with confidenceProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 13, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 33617))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2022 (11 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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