Thonotosassa, FL—33592
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Thonotosassa, FL
As of Oct '25, the median home price in Thonotosassa, FL is $402,000, with a year-over-year change of -2.5%. This indicates that home prices in Thonotosassa, FL are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $402,000 | -2.5% |
| Single Family | $411,000 | -2.8% |
| Condos | $129,000 | -13.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $231,000 | -6.1% |
3 Bed | $380,000 | -4.0% |
4 Bed | $503,000 | -1.0% |
| 5 Bed | $872,000 | -0.8% |
% of Housing Stock
Rental Trends — Thonotosassa, FL
As of July '25, Rentcast reports the average rent in Thonotosassa, FL is $1,580, with a year-over-year rent change of -19.8%. Per bedroom, the median rent as of July '25 in Thonotosassa, FL is 1-bedrooms: $1,380, 2-bedrooms: $1,460, 3-bedrooms: $2,200, 4-bedrooms: $1,800. The most common rental property sizes in Thonotosassa, FL are 2-bedroom and 3-bedroom, accounting for 52.4% and 29.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,480 | $1,580 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,250 | $1,380 |
| 2 Bed Rent | $1,440 | $1,460 |
| 3 Bed Rent | $2,200 | $2,200 |
| 4 Bed Rent | $1,800 | $1,800 |
% of Rental Stock
Property Listings — Thonotosassa, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Thonotosassa, FL is 71. This is a decrease of -12.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $762,000 | 13.0% |
Listing Count | 39 | 27.0% |
| Listings as % of Homes | 0.7% | 27.0% |
Days on Market | 71 | -12.0% |
Demographics — Thonotosassa, FL
As of the latest ACS Survey released in 2023, Thonotosassa, FL has a population of 11,900, which has increased by 7.8% over the past 5 years. Thonotosassa, FL is a moderately popular place for families, as children make up 18.4% of the population. The area has a moderately educated workforce, with 25.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,900 | 7.8% |
% Under 18 | 18.4% | -17.5% |
% Seniors | 19.7% | 19.4% |
% WFH | 15.1% | 297.4% |
% w/ College Degree | 25.5% | 37.1% |
As of the latest ACS Survey released in 2023, Thonotosassa, FL is a predominantly white area, with 61.5% of the population identifying as white. The white population has shrunk by 14.9% in the last 5 years. The second most common race or ethnicity in Thonotosassa, FL is hispanic, making up 16.4% of the population. Foreign-born residents account for 9.1% of the population in Thonotosassa, FL, and this percentage has increased by 75.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 61.5% | -14.9% |
% Black | 15.7% | 15.4% |
% Hispanic | 16.4% | 70.8% |
% Asian | 3.5% | 118.8% |
% Foreign Born | 9.1% | 75.0% |
Mortgage and Risk — Thonotosassa, FL
According to HUD data as of 2023, there were 194 mortgage originations in Thonotosassa, FL, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Thonotosassa, FL. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 194 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Thonotosassa, FL
As of 2024, the percent of homes in Thonotosassa, FL under the Section 8 program is 0.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Thonotosassa, FL, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$10 | $1,250 | $1,240 |
| 2 Bedroom | $10 | $1,440 | $1,450 |
| 3 Bedroom | -$340 | $2,200 | $1,860 |
| 4 Bedroom | $460 | $1,800 | $2,260 |
Affordability — Thonotosassa, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6 |
| Median Home Price | $402,000 |
| Median Household Income | $65,700 |