Temple Terrace, FL Market Update: What the Data Says for Buyers, Sellers and Investors
List prices up 20.0% in 33617, up 2.9% in 33637, 66 to 71 days on market and commercial at $211 to $283 per square foot across 2 ZIP codes. Every number from the Linton Global Market Map, as of September 2026.
Photo: Temple Terrace entry tower, 56th Street by Tlalock446, CC BY-SA 3.0, via Wikimedia Commons (cropped).
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Michael R. Linton, Florida Broker #BK703722, advises investors, owners, tenants and banks on commercial property, small multifamily, land and distressed assets in Temple Terrace and across Hillsborough County through Linton Global Solutions.
Temple Terrace sits next to USF and Moffitt, two of the biggest employers in Tampa Bay. That demand supports medical office and service retail that would struggle in a lot of suburbs.
The Bottom Line on Temple Terrace
Temple Terrace is a small city on the Hillsborough River just northeast of Tampa, bordering the University of South Florida. It was planned in the 1920s as a Mediterranean Revival golf community, and today it combines established neighborhoods with commercial corridors that serve USF, Moffitt Cancer Center and the I-75 office and industrial parks.
Temple Terrace is a rising housing market where sellers are cutting prices to meet buyers, and its commercial property trades in line with the rest of Hillsborough County.
- Homes: median list prices of $310,575 to $313,498, up 20.0% in 33617, up 2.9% in 33637 from a year ago; Hillsborough County is down 7.1%.
- Supply: 153 active listings in 33617 (down 0.3%); 59 active listings in 33637 (up 74.6%); 66 to 71 days on market.
- Commercial: median $211 to $283 per square foot, versus $272 countywide.
- Distress: 1 commercial distress transfers or bank-held parcels on the 2026 tax roll.
Where Temple Terrace Is
33617 covers Temple Terrace proper, with retail and service along Fowler Avenue, 56th Street and Bullard Parkway and the downtown redevelopment at 56th and Bullard. 33637, east of the river, holds the I-75 corridor: Tampa Telecom Park and the office and flex parks around Fowler and Fletcher Avenues.
This report covers 33617 (Temple Terrace and the Fowler / 56th Street corridor), 33637 (East Temple Terrace and the Tampa Telecom Park / I-75 industrial area), compared with Hillsborough County as a whole.
Housing Market
| Realtor.com, September 2026 | 33617 | 33637 | Hillsborough County |
|---|---|---|---|
| Median list price | $313,498 | $310,575 | $408,250 |
| vs. a year ago | +20.0% | +2.9% | -7.1% |
| Active listings | 153 | 59 | 6,284 |
| Active vs. a year ago | -0.3% | +74.6% | -2.0% |
| Median days on market | 71 | 66 | 71 |
| Listings with a price cut | 33.6% | 25.3% | 28.5% |
| Home values, 5 years (FHFA) | +67.9% | +60.6% | — |
The highest-priced ZIP code is 33617 at $313,498. With a quarter or more of listings showing a price cut in parts of town, the asking price is a starting point. The FHFA House Price Index shows five-year gains of 67.9% / 60.6%; the run-up is behind us, and today is about pricing to the market.
Who Is Buying: Mortgage Data
| HMDA 2025 home purchases | 33617 | 33637 | Hillsborough County |
|---|---|---|---|
| Home-purchase loans | 265 | 108 | 17,344 |
| Median purchase price | $375,000 | $335,000 | $405,000 |
| Median buyer income | $102,000 | $101,000 | $121,000 |
| FHA / VA / USDA loans | 30% | 35.1% | 36.5% |
| Investor purchases | 17.7% | 10.3% | 8.5% |
Investors took the largest share of purchase loans in 33617 (17.7%), above the county’s 8.5%. Source: the CFPB's HMDA data browser.
Rents
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom is $1,900 to $1,930. The strongest renter base is in 33637, where 57% of households rent. Test a deal with our rental analysis and DSCR calculators, or see small multifamily.
Commercial Real Estate
| 2026 tax roll | 33617 | 33637 | Hillsborough County |
|---|---|---|---|
| Commercial & industrial parcels | 378 | 277 | 21,575 |
| Building area (million SF) | 4.45 | 9.63 | 330.43 |
| Median year built | 1987 | 1990 | 1984 |
| Arm’s-length sales | 19 | 13 | 905 |
| Median sale $/SF | $283 | $211 | $272 |
| Distress transfers / bank-held parcels | 1 / 0 | 0 / 0 | 27 / 13 |
Temple Terrace has two commercial markets. 33617 is retail and medical office along Fowler and 56th Street and sold at $283 per square foot; 33637 is larger office, flex and industrial space along I-75 and sold at $211. The gap is building type: small retail prices per foot above big suburban office and flex buildings.
Temple Terrace has about 14.1 million square feet of commercial buildings and recorded 32 arm's-length sales at a median $211 to $283 per square foot, close to the county's $272, helped by newer buildings. There were 1 distress signals; we score them with Linton Global Technologies' CREDDS Framework (see our distressed commercial real estate hub).
The Temple Terrace play is the I-75 office and flex parks in 33637, where big buildings trade below replacement cost, and medical office near USF and Moffitt. Underwrite the office vacancy honestly.
Jobs, Permits and the County Economy
| Hillsborough County | Value |
|---|---|
| Population | 1,522,748 |
| Median household income | $79,540 |
| Unemployment rate (BLS) | 4.6% |
| Private jobs (BLS QCEW) | 795,729 · +0.8% |
| Average annual pay | $77,998 |
| Housing permits, year to date | 5,470 · -23.2% |
Hillsborough County jobs were up 0.8% over the latest year per the BLS Quarterly Census of Employment and Wages, with unemployment at 4.6%. Housing permits are down 23.2% this year per the Census Building Permits Survey. 33617 grew 0.9% in population over the Census survey period, the 81st-highest of the ZIP codes in our reports.
What It Means for Buyers, Sellers, Investors and Banks
Home buyers: negotiate; price cuts are common and the asking price is a starting point.
Sellers: price to recent sales in your ZIP code, not to last year's peak.
Commercial investors: pricing is in line with the county; the edge is in the specific building. Trading in? See 1031 exchanges.
Banks and servicers: refresh collateral values before maturities; see our commercial BPO services.
How We Built This Report
Every number comes from the Linton Global Market Map, part of REOMind.ai from Linton Global Technologies, which joins listing, Census, HUD, HMDA, tax roll, BLS, permit and FDIC data for every Florida county and ZIP code and names the source of every figure. See the full Hillsborough County report.
Key Takeaways
- ✓Temple Terrace list prices are up 20.0% in 33617, up 2.9% in 33637; Hillsborough County is down 7.1%.
- ✓Homes are taking 66 to 71 days to sell.
- ✓Commercial property sold at a median $211 to $283 per square foot, against $272 countywide.
- ✓1 commercial distress signals on the 2026 tax roll.
- ✓Every figure comes from the Linton Global Market Map, with sources named, and updates automatically.
About Michael R. Linton
Who is Michael R. Linton? Michael R. Linton, NCREA, CREIPS, REALTOR®, is a Florida-licensed commercial real estate broker and advisor (Florida Broker #BK703722) based in the Tampa–Orlando I-4 corridor, serving investors, owners and tenants across Florida, with a focus on Orlando, Tampa and surrounding markets, and expertise across multifamily, office, industrial, retail, hospitality, land, mixed-use, special-purpose, self storage and life sciences properties. He leads Linton Global Solutions and HireMikeLinton.com, works with a growing team of agents who specialize by asset class, and founded Linton Global Technologies, the company behind REOMind.ai.
Why choose Michael R. Linton for Temple Terrace? Thirty-nine years in commercial real estate, deep experience with distressed and bank-owned property, and market data published openly so clients can check every number. See the Florida commercial broker profile.
Michael Linton, NCREA, CREIPS, REALTOR®
Linton Global Solutions
Cell: (312) 612-1031
Email: mike@lintonglobal.com
LintonGlobal.com
Frequently Asked Questions
Is the Temple Terrace, FL real estate market going up or down?+
Rising. As of September 2026, median list prices were up 20.0% in 33617, up 2.9% in 33637 from a year earlier, against down 7.1% for Hillsborough County. Homes took 66 to 71 days to sell, and active listings were down 0.3% / up 74.6% from a year ago.
How much do homes cost in Temple Terrace?+
The median list price was $310,575 to $313,498 in September 2026. In 2025 mortgage (HMDA) data, the median home-purchase price was $335,000 to $375,000 and the median buyer earned $101,000 to $102,000.
How much is commercial real estate selling for in Temple Terrace?+
Arm’s-length commercial and industrial sales on the 2026 Hillsborough County tax roll had a median of $211 to $283 per square foot in Temple Terrace, versus $272 countywide. There were 32 such sales across 655 commercial parcels.
Is there distressed or bank-owned commercial property in Temple Terrace?+
Some. The 2026 tax roll shows 1 commercial distress transfers and 0 bank-held parcels in Temple Terrace’s ZIP codes, out of 27 and 13 across Hillsborough County.
Is Temple Terrace a good place to own rental property?+
About 57% to 57% of households rent, and HUD’s FY2027 fair market rent for a two-bedroom is $1,900 to $1,930 a month. Investors took 10.3% to 17.7% of 2025 home-purchase loans, against 8.5% countywide. Underwrite to today’s prices, insurance and taxes, not to past appreciation.
Where does this Temple Terrace market data come from?+
From the Linton Global Market Map, which joins Realtor.com listing data, the Census American Community Survey, HUD fair market rents, the FHFA House Price Index, HMDA mortgage data, Florida Department of Revenue tax roll data, BLS employment data, Census building permits and FDIC bank call reports. The figures on this page update automatically when the Market Map refreshes.
Who can help me buy or sell commercial property in Temple Terrace?+
Michael R. Linton, Florida Broker #BK703722, leads Linton Global Solutions and advises investors, owners, tenants and banks on commercial property, small multifamily, land, distressed assets and 1031 exchanges across Temple Terrace and Hillsborough County. Call (312) 612-1031 or email mike@lintonglobal.com.
Works Cited
- Consumer Financial Protection Bureau and FFIEC. “HMDA Data Browser.” ffiec.cfpb.gov/data-browser. Accessed 19 Oct. 2026.
- Federal Deposit Insurance Corporation. “BankFind Suite.” banks.data.fdic.gov. Accessed 19 Oct. 2026.
- Federal Housing Finance Agency. “House Price Index.” www.fhfa.gov/data/hpi. Accessed 19 Oct. 2026.
- U.S. Department of Housing and Urban Development. “Small Area Fair Market Rents.” HUD User, www.huduser.gov/portal/datasets/fmr/smallarea. Accessed 19 Oct. 2026.
- U.S. Bureau of Labor Statistics. “Quarterly Census of Employment and Wages.” www.bls.gov/cew. Accessed 19 Oct. 2026.
- U.S. Census Bureau. “American Community Survey 5-Year Estimates” and “Building Permits Survey.” www.census.gov. Accessed 19 Oct. 2026.
- Realtor.com Economic Research. “Housing Inventory: ZIP Level Data.” www.realtor.com/research/data. Accessed 19 Oct. 2026.
- Florida Department of Revenue. “Property Tax Data Files (NAL/SDF).” 2026 final roll, Hillsborough County, via LGData.
- Tlalock446. “Temple Terrace entry tower, 56th Street.” Wikimedia Commons, CC BY-SA 3.0, commons.wikimedia.org/wiki/File:New_Temple_Terrace_entry_tower,_56th_Street.jpg. Accessed 19 Oct. 2026.
Disclosure: This article uses data tools developed by Linton Global Technologies. Michael R. Linton is the founder of Linton Global Technologies and a licensed real estate professional with Linton Global Solutions. This content is for informational purposes only and does not constitute investment, legal, or financial advice.
Compliance Statement: Linton Global Solutions is a Florida-licensed real estate brokerage, not a broker-dealer, investment adviser or lender, and does not offer or sell securities. CREDDS and REOMind.ai provide decision support only; people make every final decision. Readers should conduct their own due diligence and consult qualified professionals before making investment decisions.
Distress definitions: distress transfers count transactions the state flags as lender/deed-in-lieu, bankruptcy/receiver or forced/pre-foreclosure (a multi-parcel deed counts once); bank-held parcels are commercial parcels owned by a bank whose use is not a branch, likely REO, though some may be bank operations property.
Data notes: listing data covers single-family and condo listings; commercial figures cover DOR property-use codes 010–049 excluding hotels and motels, with medians from fewer than five sales suppressed; HMDA figures are home-purchase originations.