Wilma South
Homes for Sale in Tampa, FL

Community in Tampa · Hillsborough County
1,015 homesBuilt 1920–2024Median sale $260K
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Live Market Pulse
24/100
Market Heat
Cooler than normal
2014 → 2026 · 76 at the 2022 peak
0 is Wilma South's coldest market since 2014, 100 its hottest. Today: 24. How it's scored
Built fromLive Stellar MLS data20 years of closingsFL DOR public recordsUpdated twice daily
Live · Wilma South Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$260K
Median sold · 12 mo
down 28.2% vs the prior 12 months
-28.2%
1-yr price change
n = 3 and 5 sales in the two windows
$215/sf
Sold $/sqft · 12 mo
peak $290 in 2025
96.6%
Sale vs ask
Hillsborough median: 95.9%
Tempo
53days
Median DOM · closed
5 days at the 2024 low
3
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
63%
Owner-occupied · Wilma South
664 of 1053 parcels homesteaded (FL DOR 2025)
37%
Non-owner-occupied · Wilma South
incl. 9% trust or LLC-held · 4% out-of-state
33%
Cash buyers · Wilma South
1 of 3 sales, 12 mo ending June 2026
1,015
Homes in the community
plus 38 vacant residential lots · 1053 residential parcels (FL DOR 2025)
Track record · 20 years of records
Est. 1920
Community established
homes built 1920-2024, median 1958 (FL DOR 2025)
2
Failed listings · 2026
peaked at 16 in 2008
904sqft
Median sold home size
12-mo windows, closed sales
0.3%/yr
Turnover rate
about 3 of 1015 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Wilma South is an older Tampa pocket where the housing stock spans more than a century, from 1920 through 2024, with the typical home dating to 1958 and running about 1,435 square feet. In a market this old and this varied, condition drives price more than any headline number does. The median sits at $260,000 and roughly $215 per square foot, but that median hides a wide spread between untouched original homes and gut renovations or newer infill. Read each listing on its own merits.

The posture right now favors buyers who can be patient. The median home is taking 53 days to sell, the heat score is low at 24, and the median sale price is down 28.2% year over year. That combination means less competition and more room to negotiate, but it also tells sellers to price to the current market rather than to last year's comps. This is a slow, condition-sensitive market, not a bidding-war one.

Wilma South Housing Pulse · Momentum Research · as of July 15, 2026

Wilma South right now

🔴 Off the recent peak. The trailing-12-month median ($260K) is down 28.2% from the prior 12 months ($362K). With about 3 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 15. Confidence: Low (3 and 5 sales in the two windows).

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

Updated July 15, 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

Wilma South market snapshot (as of July 15, 2026): the median sale price is about $260K ($215 per sq ft over the trailing 12 months of closed sales), and a median 53 days on market for closed sales. The trailing-12-month median is down 28% from the prior 12 months, computed from record-level Stellar MLS closed sales (3 closings in the current window).

Wilma South is a community of 1,015 homes in Tampa, Hillsborough County, built between 1920 and 2024 (median 1958), with a median living area of about 1,435 square feet. 63% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Wilma South is a roughly 1,015-home Tampa neighborhood in Hillsborough County built out over decades, so what you buy here depends far more on how a specific house has been maintained or updated than on any neighborhood average.

Best for

  • Buyers targeting the mid-$200s who can budget for updates on an older home
  • Renovation-minded buyers willing to inspect systems and add value over time
  • Long-hold owner-occupants who value an established location over a new build

Probably not for

  • Buyers who need a move-in-ready, recently built home with modern systems throughout
  • Sellers unwilling to price to a market down 28.2% year over year
  • Buyers who want a quick close and cannot wait out a roughly two-month sale pace

Windows contain 0 to 7 sales each (3 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 %s through %s. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$0$200K$400K20122014201620182020202220242026
Down 28.2% year over year.
Every sale since 2006 · price vs size
$0$200K$400K1k2k
49 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$200$30020122014201620182020202220242026
Up from $57 in 2012 to a $290 peak in 2025; $215 now.
Median days on market · closed sales
0204020122014201620182020202220242026
5 days at the 2024 low; 53 now.
Sale price vs original ask · median
90%95%100%105%20122014201620182020202220242026
96.6% now vs Hillsborough 95.9%.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 7 a year; 3 in the current window.
Sellers who gave up · failed listings per year
0510152004200820122016202020242026
Canceled, expired, or withdrawn. 16 quit in 2008; 2 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning20142016202220242026
76 at the 2022 peak, 23 in the troughs, 24 now. Same score as the hero card, full history.

If we were buying in Wilma South 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 Wilma South.

Best Buy
Buyers who want an established Tampa location and are comfortable evaluating older homes on their individual merits.
Biggest Risk
Prices are down 28.2% year over year, so sellers must price to today, not yesterday.
Sweet Spot
A well-updated home near the $260,000 median that has already addressed its aging systems.
Avoid If
You need a turnkey, uniform new build or a fast, hands-off transaction.

An old-stock market that rewards due diligence

With a median build year of 1958 and homes reaching back to 1920, systems age, permits, and renovation quality matter enormously here. Two homes of similar size can land far apart in price depending on roof, electrical, plumbing, and whether prior work was done to code. The median footprint of about 1,435 square feet keeps most of these on the modest side, which puts a premium on smart, well-executed updates.

About 63.1% of homes carry a homestead exemption, pointing to a core of longer-term owner-occupants rather than a churn of short-hold investors. Paired with a 53-day median time on market and a soft year-over-year price move, that suggests a neighborhood that trades steadily rather than frenetically. Buyers have time to inspect carefully; sellers should assume scrutiny and price accordingly.

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

Jon Brooks · Founder, Momentum Realty
4.7C- · Buy Score
Recent Direction0.0/10
Owner Commitment6.3/10
Pricing Power7.7/10

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 (4.7). Basis: Recent Direction -28.2% year-over-year; Owner Commitment 63% owner-occupied; Pricing Power 96.6% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a market where price is set by condition, not by a tidy comp set, our job is to separate the cosmetic from the structural and tell you which is which. We read the age of each home against its updates, weigh the 53-day pace and softening pricing into a negotiation strategy, and keep you from overpaying for a house that photographs better than it inspects. When a listing is not worth the number, we say so.

Wilma South in 15 seconds.

Best forBuyers who want an established Tampa location and are comfortable evaluating older homes on their individual merits.
Biggest advantageA soft, slow-moving market gives buyers time and negotiating leverage.
Biggest riskPrices are down 28.2% year over year, so sellers must price to today, not yesterday.
Sweet spotA well-updated home near the $260,000 median that has already addressed its aging systems.
Avoid ifYou need a turnkey, uniform new build or a fast, hands-off transaction.

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 Wilma South sales matched to your home.

What is your Wilma South home worth?

Get a no-obligation home value based on real comparable sales in Wilma South, 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 Wilma South?
The median sale price in Wilma South was $260K over the 12 months ending July 15, 2026 (3 closed sales, Stellar MLS).
How long do homes in Wilma South take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 53 days on market (3 sales, Stellar MLS).
How many homes are in Wilma South?
The Florida DOR 2025 assessment roll shows 1,015 homes plus 38 vacant residential lots in Wilma South (public records).
What share of Wilma South is owner-occupied?
63% of Wilma South parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Wilma South built?
Homes in Wilma South were built between 1920 and 2024, with a median year built of 1958 (FL DOR 2025 roll).
Do cash buyers compete in Wilma South?
Cash buyers took 33% of Wilma South sales in the 12 months ending June 2026 (1 of 3 closings, Stellar MLS).
Who is the best real estate agent for Wilma South?
The best agent for Wilma South 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 Wilma South.
How do I find a top Tampa real estate agent who knows Wilma South?
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 Wilma South and the wider Tampa area.
Can Momentum Realty connect me with an agent for Wilma South?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Wilma South purchase or sale - no call center and no pressure.
Buyers targeting the mid-$200s who can budget for updates on an older homeExcellent fit
Renovation-minded buyers willing to inspect systems and add value over timeExcellent fit
Long-hold owner-occupants who value an established location over a new buildExcellent fit
Buyers who need a move-in-ready, recently built home with modern systems throughoutProbably not
Sellers unwilling to price to a market down 28.2% year over yearProbably not
Buyers who want a quick close and cannot wait out a roughly two-month sale paceProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (7 streets, ZIP 33604))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2006 (49 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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