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Featured local agent — Temple Terrace, FL
Sarah Mitchell
Compass Real Estate · Temple Terrace, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Temple Terrace, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$390,000median sale price
How is the Temple Terrace, FL housing market right now?
The median home sale price in Temple Terrace, FL is $390,000, up 9.9% year-over-year. Homes sell in an average of 27 days with 80 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Temple Terrace a buyer's or seller's market?
Temple Terrace, FL is currently a balanced market, based on 3.1 months of supply and homes selling in about 27 days. How we determine this →
Homes sold
26
Last 12 weeks
Days on market
27
Average pace
Active listings
80
3.1 months supply
Sale-to-list
99.4%
Below asking
What does the Temple Terrace housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $390,000 |
| Median list price | $432,500 |
| Year-over-year price change | +9.9% |
| Average days on market | 27 days |
| Active inventory | 80 listings |
| Months of supply | 3.1 months |
| Sale-to-list price ratio | 99.4% |
| Median price per sq ft | $241/sq ft |
| Homes sold (latest month) | 26 |
| New listings (latest month) | 36 |
| Listings with a price cut | 40.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Temple Terrace by property type?
How the Temple Terrace, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $405,000 | $246/sq ft | 21 | 17 days |
| Condo / Co-op | $149,900 | $126/sq ft | 3 | 39 days |
| Townhouse | $269,500 | $176/sq ft | 2 | 64 days |
Source: Redfin · Updated monthly
The Temple Terrace housing market is currently classified as a balanced market with a median sale price of $390,000. Prices have risen 9.9% compared to last year, with homes spending an average of 27 days on market, indicating 3.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.0x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Temple Terrace
There are currently 80 homes listed for sale in Temple Terrace, Florida. The median listing price is $433K.
Active listings
80
Homes on market
Median list price
$433K
Avg. days on market
27
Days until sale
New this week
36
Newly listed
Who lives in Temple Terrace?
Population
26,922
Median income
$65,756/yr
Median age
34 years
Owner-occupied
48.9%
College grads
43.2%
Avg commute
26.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Temple Terrace?
Zillow home value
$329,388
Zillow rent index
$1,759/mo
Price-to-rent ratio
15.6x
Price-to-income
5.0x
Source: Zillow Research
What is it like to live in Temple Terrace?
Temple Terrace is a community of approximately 27K residents with a median age of 34 years.The median household income is $65,756, which represents a working-class community with solid middle-income opportunities. 43.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 48.9%, showing a blend of owner and renter-occupied properties. The average commute time is 26.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Temple Terrace offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Temple Terrace?
7 schools tracked · 8,808 students
The largest public schools serving Temple Terrace, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
FLORIDA CONNECTIONS ACADEMY
Grades K-12 · 5,731 students
WOODMONT CHARTER SCHOOL
Grades K-8 · 697 students
GRECO MIDDLE MAGNET SCHOOL
Grades 6-8 · 681 students
LEWIS ELEMENTARY SCHOOL
Grades PK-5 · 535 students
RIVERHILLS ELEMENTARY MAGNET SCHOOL
Grades PK-5 · 525 students
TEMPLE TERRACE ELEMENTARY SCHOOL
Grades PK-5 · 507 students
FOCUS ACADEMY
Grades 6-12 · 132 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Temple Terrace, FL?
Want a head-to-head view? Compare Temple Terrace side-by-side with any other U.S. city using our market-comparison tool.
Is Temple Terrace a good real estate investment market?
For investors evaluating Temple Terrace, the price-to-rent ratio of 15.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 9.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Temple Terrace's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Temple Terrace's median home price.
Frequently asked questions
What is the average home price in Temple Terrace?
The median home sale price in Temple Terrace is $390,000, up 9.9% from last year.
How long do homes stay on market in Temple Terrace?
Homes typically spend 27 days on market before going under contract.
What is the median income in Temple Terrace?
The median household income is $65,756 per year.
Is Temple Terrace a buyer's or seller's market?
With 3.1 months of supply, Temple Terrace is currently a balanced market.
What is the Zillow home value estimate for Temple Terrace?
The Zillow Home Value Index (ZHVI) for Temple Terrace is $329,388, representing the typical home value in the area.
What is the median condo price in Temple Terrace?
The median condo/co-op sale price in Temple Terrace, FL is $149,900, compared to $405,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Temple Terrace?
The median single-family home price in Temple Terrace, FL is $405,000 (about $246 per square foot).
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