Temple Terrace, FL33617

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$290,000
6.0% YoY Growth
Median Household Income
$48,700
30.6% 5-Year Growth
Days on Market
76
3.0% Longer than last year
Home Price Forecast
0.3%
Median Rent
$1,680
1.7% YoY Growth
1-Bed Rent
$1,250
0.8% YoY Growth
2-Bed Rent
$1,680
3.1% YoY Growth
3-Bed Rent
$2,080
4.4% YoY Growth

Other Zip Codes in Temple Terrace, FL

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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$287,00012.0%
Listing Count
19110.0%
Listings as % of Homes0.6%10.0%
Days on Market
763.0%
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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.

MetricLatest CensusYoY % Change
Population
47,9004.9%
% Under 18
20.2%-13.7%
% Seniors
13.7%18.1%
% WFH
14.8%228.9%
% w/ College Degree
29.1%-3.6%
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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

MetricLatest Census5-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%
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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

MetricZip 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

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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 SizeHUD PremiumMarket RentMax 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

MetricZip Code Average
Home Price to Income Ratio6
Median Home Price$290,000
Median Household Income$48,700

Temple Terrace, FL — ZIP Code Boundary Map

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Frequently Asked Questions