What $500K Buys in Hillsborough County, FL

A $500K budget buys a very different house depending on which Hillsborough County city you point it at. This page compares every city with at least five active listings within 10% of $500K — size, age, bed and bath count, price per square foot, how much of the inventory is new construction and how long it has been sitting — from today’s live MLS actives, and lists the communities with the most homes at that price. It refreshes every night.

There are 878 homes for sale in Hillsborough County, FL priced between $450,000 and $550,000 right now. At $500K, the typical home is 2,131 sq ft, built 2000, at $232/sq ft; 11% of them are new construction and the median has been on the market 65 days. The most house for the money is in Riverview (2,632 sq ft median); the least in Tampa (1,739 sq ft); the newest in Thonotosassa (median build year 2026).

What $500K buys, city by city

CityHomes for saleMedian sq ftBeds / bathsMedian year built$ / sq ftNew constructionMedian DOM
Tampa4061,7393 / 21980$2859%64
Riverview1102,6324 / 32015$1897%64
Valrico502,3934 / 31998$2100%84
Plant City492,3804 / 32008$20841%58
Apollo Beach432,3954 / 2.52021$20823%79
Brandon422,2244 / 21985$2210%63
Lithia382,5464 / 32005$1970%46
Wimauma262,6154 / 32019$1918%94
Lutz201,9283 / 22000$2490%54
Seffner192,4724 / 32005$2025%79
Thonotosassa172,2304 / 2.52026$22359%61
Ruskin162,3694 / 32008$2040%86
Dover112,2974 / 22008$2340%54
Sun City Center102,3113 / 22005$2150%26
Temple Terrace92,1514 / 2.51983$2300%78
Westchase71,7893 / 3.52026$282100%97

By ZIP code: where $500K goes furthest

The same budget by ZIP — useful where one city covers most of the county.

ZIPHomes for saleMedian sq ftMedian year built$ / sq ftNew construction
33579 Riverview552,7782019$1752%
33572 Apollo Beach432,3952021$20823%
33647 Tampa392,4202001$2180%
33547 Lithia382,5462005$1970%
33615 Tampa351,8521969$2763%
33511 Brandon312,0981986$2260%
33578 Riverview312,5412014$20023%
33611 Tampa311,4551957$3440%
33614 Tampa281,8301971$2677%
33604 Tampa271,7281965$28915%
33598 Wimauma262,6152019$1918%
33594 Valrico262,3982001$2100%

Communities with the most homes near $500K

CommunityCityHomes for sale near $500KMedian sq ftMedian year built
fishhawk ranchLithia132,5982005
Evergreen SouthThonotosassa92,2302026
VarreaPLANT CITY82,7662027
westchaseTampa71,7892026
Spencer Glen SouthRIVERVIEW72,2622026
WatersetApollo Beach72,1302022
Tampas North Side Country CluTAMPA61,8081966
Fishhawk RanchLITHIA62,3872003
panther traceRiverview62,6952011
south forkRiverview52,9992015
island walk a condoTampa51,1541991
WestchaseTampa51,6402001
belmond reserveRiverview53,3622023
Townn Country ParkTampa51,9581970
Waterset Wolf CreekAPOLLO BEACH52,2502024

How to read this

Counts and medians are computed from active MLS listings priced within 10% of $500K ($450,000–$550,000) as of October 24, 2026; property mix at this price: Single-family 90%, Townhouse 6%, Condo 3%. Cities with fewer than five listings in the band are folded out of the city table but still count in the county total. Prices are asking prices, not closings — see the county page for sale-to-list ratios. Source: live MLS feeds compiled by Momentum Research. Other budgets in Hillsborough County: $300K, $400K, $750K, $1M. Back to homes for sale in Hillsborough County, FL.

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Common questions

What does $500K buy in Hillsborough County, FL?

Across 878 active listings within 10% of $500K, the median home is 2,131 sq ft and was built in 2000, at about $232 per square foot. Riverview gives the most space at that price (2,632 sq ft median); Tampa the least.

Which Hillsborough County city has the newest homes around $500K?

Thonotosassa, where the median listing near $500K was built in 2026 and 59% of them are new construction.

How much new construction is there at $500K in Hillsborough County?

About 11% of the 878 homes listed near $500K are new construction. The highest builder share is in Westchase (100%), Thonotosassa (59%), Plant City (41%).