Temple Terrace, FL 33617 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Temple Terrace, FL—33617

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$288,000

5.8% YoY Growth

Household Income

$48,700

30.6% YoY Growth

Days on Market

77

1.0% Longer YoY

Home Price Forecast

1.0%

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

Home Price Trends — Temple Terrace, FL

As of Dec '25, the median home price in Temple Terrace, FL is $288,000, with a year-over-year change of -5.8%. This indicates that home prices in Temple Terrace, FL are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$288,000	-5.8%
Single Family	$329,000	-4.6%
Condos	$142,000	-13.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

3.6%

1 Bedroom

28.1%

2 Bedrooms

43.1%

3 Bedrooms

20.2%

4 Bedrooms

5.0%

Property Listings — Temple Terrace, FL

As of Dec '25, Realtor.com reports that the median days on market for a home in Temple Terrace, FL is 78. This is a increase of 6.0% 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$335,000	39.0%
Listing Count	173	10.0%
Listings as % of Homes	0.6%	10.0%
Days on Market	77	1.0%

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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.

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%

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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

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%

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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

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%

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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 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