Is Temple Terrace, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Temple Terrace has remained a Seller's Market.
Housing Prices in Temple Terrace, FL
How much do homes in Temple Terrace, FL cost?
Median Sold Price
$351,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Temple Terrace was $351,000 in April 2024, up 9.7% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $150K | 0.0% |
2 Bedrooms | $195K | $199.9K | +2.5% |
3 Bedrooms | $331.7K | $370K | +11.5% |
4 Bedrooms | $495K | $485K | -2.0% |
5+ Bedrooms | $765K | $500K | -34.6% |
Summary: Temple Terrace housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 34.6%.
Median Sold Price Compared To Nearby Cities
Temple Terrace | $319.9K | $351K | +9.7% |
Tampa | $413.5K | $411.4K | -0.5% |
Housing Supply in Temple Terrace, FL
How many homes are available in Temple Terrace, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
107 | 114 | +6.5% |
Summary: The Temple Terrace real estate market had 114 homes for sale in April 2024, a 6.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 3 | -40.0% |
2 Bedrooms | 38 | 40 | +5.3% |
3 Bedrooms | 31 | 28 | -9.7% |
4 Bedrooms | 25 | 32 | +28.0% |
5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The Temple Terrace housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes increased by 28%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 24 | -11.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Temple Terrace in April 2024, down by 11.1% month-over-month. Of the 24 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Temple Terrace, FL
How long does it take to sell a home in Temple Terrace, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 31 Days | +1.1% |
Summary: Homes in Temple Terrace had an average of 31 days on market in Apr 2024, up by 1.1% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in Temple Terrace; 79% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.