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Thonotosassa, FL—33592

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$403,000
2.8% YoY Growth
Household Income
$65,700
71.5% YoY Growth
Days on Market
61
20.0% Shorter YoY
Home Price Forecast
1.1%
Median Rent
$1,480
19.8% YoY Growth
1-Bed Rent
$1,250
N/A
2-Bed Rent
$1,440
6.6% YoY Growth
3-Bed Rent
$2,200
5.6% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Thonotosassa, FL

As of Dec '25, the median home price in Thonotosassa, FL is $403,000, with a year-over-year change of -2.8%. This indicates that home prices in Thonotosassa, FL are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$403,000-2.8%
Single Family $412,000-3.1%
Condos $132,000-14.3%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$235,000-4.9%
    3 Bed
    		$380,000-4.3%
    4 Bed
    		$503,000-1.2%
    5 Bed $870,400-1.1%
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    % of Housing Stock

    Studio
    1.0%
    1 Bedroom
    10.2%
    2 Bedrooms
    30.6%
    3 Bedrooms
    39.0%
    4 Bedrooms
    14.5%
    5+ Bedrooms
    4.7%

    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.

    TypeMedian RentAverage Rent
    Average Rent$1,480$1,580
    Studio Rent N/AN/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
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    % of Rental Stock

    1 Bedroom
    13.8%
    2 Bedrooms
    52.4%
    3 Bedrooms
    29.6%
    4 Bedrooms
    1.2%
    5+ Bedrooms
    2.9%

    Property Listings — Thonotosassa, FL

    As of Dec '25, Realtor.com reports that the median days on market for a home in Thonotosassa, FL is 57. This is a decrease of -17.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$752,0005.0%
    Listing Count
    		4344.0%
    Listings as % of Homes0.7%44.0%
    Days on Market
    		61-20.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		11,9007.8%
    % Under 18
    		18.4%-17.5%
    % Seniors
    		19.7%19.4%
    % WFH
    		15.1%297.4%
    % w/ College Degree
    		25.5%37.1%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio6
    Median Home Price$403,000
    Median Household Income$65,700

    Thonotosassa, FL — ZIP Code Boundary Map

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    Nearby ZIP Codes

    New Tampa, Tampa, FL

    33647

    Temple Terrace, FL

    33637

    Seffner, FL

    33584

    Wesley Chapel, FL

    33543

    Temple Terrace, FL

    33617

    Frequently Asked Questions