Temple Terrace, FL 33637 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Temple Terrace, FL—33637

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$299,000

3.6% YoY Growth

Household Income

$60,500

15.0% YoY Growth

Days on Market

68

20.0% Longer YoY

Home Price Forecast

-0.7%

Median Rent

$2,180

1.4% YoY Growth

1-Bed Rent

$1,440

5.9% YoY Growth

2-Bed Rent

$1,530

7.8% YoY Growth

3-Bed Rent

$2,300

12.3% YoY Growth

Other Zip Codes in Temple Terrace, FL

Home Price Trends — Temple Terrace, FL

As of May '26, the median home price in Temple Terrace, FL is $299,000, with a year-over-year change of -3.6%. This indicates that home prices in Temple Terrace, FL are decreasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$299,000	-3.6%
Single Family	$324,000	-3.6%
Condos	$149,000	-9.7%

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 $2,120, with a year-over-year rent change of 1.4%. Per bedroom, the median rent as of July '25 in Temple Terrace, FL is studios: $1,360, 1-bedrooms: $1,430, 2-bedrooms: $1,540, 3-bedrooms: $2,460, 4-bedrooms: $2,600. The most common rental property sizes in Temple Terrace, FL are 2-bedroom and 1-bedroom, accounting for 45.6% and 31.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,180	$2,120
Studio Rent	$1,440	$1,360
1 Bed Rent	$1,440	$1,430
2 Bed Rent	$1,530	$1,540
3 Bed Rent	$2,300	$2,460
4 Bed Rent	$2,460	$2,600

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% of Rental Stock

Studio

7.0%

1 Bedroom

31.3%

2 Bedrooms

45.6%

3 Bedrooms

10.6%

4 Bedrooms

5.5%

Property Listings — Temple Terrace, FL

As of May '26, Realtor.com reports that the median days on market for a home in Temple Terrace, FL is 68. This is a increase of 20.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$320,000	4.0%
Listing Count	58	7.0%
Listings as % of Homes	0.5%	7.0%
Days on Market	68	20.0%

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Demographics — Temple Terrace, FL

As of the latest ACS Survey released in 2023, Temple Terrace, FL has a population of 17,800, which has increased by 2.5% over the past 5 years. Temple Terrace, FL is a moderately popular place for families, as children make up 20.3% of the population. The area has a moderately educated workforce, with 35.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	17,800	2.5%
% Under 18	20.3%	-12.9%
% Seniors	13.2%	57.1%
% WFH	17.8%	314.0%
% w/ College Degree	35.5%	16.4%

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As of the latest ACS Survey released in 2023, Temple Terrace, FL is a predominantly white area, with 35.9% of the population identifying as white. The white population has shrunk by 18.2% in the last 5 years. The second most common race or ethnicity in Temple Terrace, FL is hispanic, making up 30.2% of the population. Foreign-born residents account for 20.3% of the population in Temple Terrace, FL, and this percentage has increased by 9.7% 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	35.9%	-18.2%
% Black	23.0%	-16.1%
% Hispanic	30.2%	45.9%
% Asian	7.8%	41.8%
% Foreign Born	20.3%	9.7%

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Mortgage and Risk — Temple Terrace, FL

According to HUD data as of 2023, there were 185 mortgage originations in Temple Terrace, FL, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 36.0% 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. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	185
% Conventional Loans	72.0%
% Government Loans	28.0%
% Investor Loans	2.0%
% Second Loans	2.0%
% Cash Out Refinance	9.0%

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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 3.2%. 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	169
Total Units Section 8	168
% Rentals under Section 8	3.2%
% Occupied Section 8	95.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$220	$1,440	$1,660
2 Bedroom	$420	$1,530	$1,950
3 Bedroom	$200	$2,300	$2,500
4 Bedroom	$580	$2,460	$3,040