There are currently 7,941 real estate properties in Temple Terrace, FL, with a median automated valuation model (AVM) price of $366,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Temple Terrace, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Temple Terrace, FL, is $386,165.00, with the most expensive house in Temple Terrace, FL, topping out at $11,456,700.00 and the cheapest home in Temple Terrace, FL, clocking in at $70,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Temple Terrace, FL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Temple Terrace, FL, is on a rollercoaster ride. The average rent price in Temple Terrace, FL, is $1,333.00. Indeed, when looking to rent in Temple Terrace, FL, you can expect to pay as little as $700.00 or as much as $3,800.00, with the average rent median estimated to be $1,350.00. The good news is that finding an affordable and desirable property to rent in Temple Terrace, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Temple Terrace, FL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Temple Terrace, FL and much more. Save thousands at closing with home foreclosure listings in Temple Terrace, FL — up to 75% off market value!
Temple Terrace is located in Hillsborough, Florida, with an estimated municipal population of 26,639 residents. All of the best foreclosed homes for sale in Temple Terrace are located in the following zip code areas on Foreclosure.com: 33637 33617 33687. The estimated population per square kilometer (.62 miles) in Temple Terrace is 1,410.
So, about how much do homes cost in Temple Terrace? The most recent median value of resident-owned homes in Temple Terrace is 231,169. An estimated 51.7 percent of households in Temple Terrace own their homes, with an average family size of 3.35. The median household income in Temple Terrace is 63,018, with25.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Temple Terrace, the median commute time of resident workers (in minutes) is 25.6. And last, but certainly not least, are you looking for homes to rent in Temple Terrace? If so, the average rent price paid by renters in Temple Terrace is 1,143, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Temple Terrace, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Temple Terrace is 33.1, split between 48.6 percent male versus 51.4 female. The percentage of residents who report being married in Temple Terrace is 39.4, with an average family size of 3.35.
The percentage of residents who report their race in Temple Terrace is as follows:
|Black / African American||19.7%|
|American Indian / Alaskan Native||0.5%|
|Native Hawaiian / Other Pacifc Islander||0.2%|
Looking for family-friendly neighborhoods in and/or near Temple Terrace? Or maybe you are searching for 55+ active adult communities in and/or near Temple Terrace?
The percentage of residents who report their age in Temple Terrace is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Temple Terrace with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Temple Terrace.
How do you know that living in -- or moving to -- Temple Terrace is right where you need to be? Perhaps you grew up in Temple Terrace or already live nearby; therefore, the decision to buy a home in Temple Terrace is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Temple Terrace for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Temple Terrace:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Temple Terrace.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Temple Terrace can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Temple Terrace, meanwhile, can field multiple offers from more qualified buyers.
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