Temple Terrace, FL—33617
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Temple Terrace, FL
Home Price Trends — Temple Terrace, FL
As of Oct '25, the median home price in Temple Terrace, FL is $290,000, with a year-over-year change of -5.9%. This indicates that home prices in Temple Terrace, 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 | $290,000 | -6.0% |
| Single Family | $331,000 | -4.9% |
| Condos | $144,000 | -12.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $109,000 | -11.4% |
2 Bed | $171,000 | -10.9% |
3 Bed | $314,000 | -5.4% |
4 Bed | $451,000 | -3.4% |
| 5 Bed | $555,000 | -2.6% |
% of Housing Stock
Rental Trends — Temple Terrace, FL
As of July '25, Rentcast reports the average rent in Temple Terrace, FL is $1,760, with a year-over-year rent change of -1.7%. Per bedroom, the median rent as of July '25 in Temple Terrace, FL is studios: $1,050, 1-bedrooms: $1,210, 2-bedrooms: $1,650, 3-bedrooms: $2,150, 4-bedrooms: $2,570. The most common rental property sizes in Temple Terrace, FL are 2-bedroom and 1-bedroom, accounting for 43.1% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,680 | $1,760 |
| Studio Rent | $1,000 | $1,050 |
| 1 Bed Rent | $1,250 | $1,210 |
| 2 Bed Rent | $1,680 | $1,650 |
| 3 Bed Rent | $2,080 | $2,150 |
| 4 Bed Rent | $2,400 | $2,570 |
% of Rental Stock
Property Listings — Temple Terrace, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Temple Terrace, FL is 76. This is a increase of 3.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $287,000 | 12.0% |
Listing Count | 191 | 10.0% |
| Listings as % of Homes | 0.6% | 10.0% |
Days on Market | 76 | 3.0% |
Demographics — Temple Terrace, FL
As of the latest ACS Survey released in 2023, Temple Terrace, FL has a population of 47,900, which has increased by 4.9% over the past 5 years. Temple Terrace, FL is a moderately popular place for families, as children make up 20.2% of the population. The area has a moderately educated workforce, with 29.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 47,900 | 4.9% |
% Under 18 | 20.2% | -13.7% |
% Seniors | 13.7% | 18.1% |
% WFH | 14.8% | 228.9% |
% w/ College Degree | 29.1% | -3.6% |
As of the latest ACS Survey released in 2023, Temple Terrace, FL is a predominantly black area, with 38.1% of the population identifying as black. The black population has grown by 2.1% in the last 5 years. The second most common race or ethnicity in Temple Terrace, FL is white, making up 32.6% of the population. Foreign-born residents account for 16.8% of the population in Temple Terrace, FL, and this percentage has increased by 7.0% 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 | 32.6% | -8.4% |
% Black | 38.1% | 2.1% |
% Hispanic | 22.5% | -1.7% |
% Asian | 5.0% | 22.0% |
% Foreign Born | 16.8% | 7.0% |
Mortgage and Risk — Temple Terrace, FL
According to HUD data as of 2023, there were 519 mortgage originations in Temple Terrace, FL, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Temple Terrace, FL. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 519 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Temple Terrace, FL
As of 2024, the percent of homes in Temple Terrace, FL under the Section 8 program is 9.9%. 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. In Temple Terrace, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 1,282 |
Total Units Section 8 | 1,162 |
% Rentals under Section 8 | 9.9% |
% Occupied Section 8 | 95.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $450 | $1,250 | $1,700 |
| 2 Bedroom | $310 | $1,680 | $1,990 |
| 3 Bedroom | $470 | $2,080 | $2,550 |
| 4 Bedroom | $700 | $2,400 | $3,100 |
Affordability — Temple Terrace, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6 |
| Median Home Price | $290,000 |
| Median Household Income | $48,700 |