Temple Terrace, FL—33637
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 $294,000, with a year-over-year change of -6.5%. This indicates that home prices in Temple Terrace, FL are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $294,000 | -6.5% |
| Single Family | $318,000 | -6.2% |
| Condos | $156,000 | -11.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $123,000 | -14.6% |
2 Bed | $174,000 | -12.1% |
3 Bed | $305,000 | -6.7% |
4 Bed | $388,000 | -4.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% 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 52. 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $289,000 | -9.0% |
Listing Count | 47 | 6.0% |
| Listings as % of Homes | 0.5% | 6.0% |
Days on Market | 52 | -17.0% |
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% |
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% |
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% |
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 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 |
Affordability — Temple Terrace, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $294,000 |
| Median Household Income | $60,500 |