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Luxury › Markets › Hillsborough › Tampa › Virginia Terrace
Hillsborough County · Pocket report

Virginia Terrace, Tampa

3 luxury homes closed in Virginia Terrace, Tampa over the last 6 months at a median $1.62M ($445 per square foot), taking a median 57 days to go under contract.

Median closing
$1.62M
3 sales · 6 months
Per square foot
$445
median closed
Days to contract
57
median
For sale now
≤1
single-family
Months of supply
—
supply not verified
Sold vs original ask
88%
67% cut price first

Worth knowing

Only 3 closed sales in 6 months — no reliable benchmark

Virginia Terrace (Tampa) does not trade often enough for averages to carry weight. At this price point that is normal and it is exactly why portal estimates are worst here: with 3 comparable sales, the condition, the lot and the finish decide the number, not the median.

How to read this

Every figure above is an aggregate over closed sales in Virginia Terrace, Tampa in the 6 months through October 23, 2026, taken from licensed Stellar MLS data. Months of supply is the current number for sale divided by the recent monthly sales pace. "Sold vs original ask" compares the closing price to the price the home was FIRST listed at, which is where overpricing shows up — the final asking price has usually already absorbed the cuts. None of this is an appraisal or a valuation of any particular property.

Nearby luxury pockets

What the whole market has measured

Selling
33%

of $1M+ homes listed January 2024 to October 2025 didn’t sell within a year, counting private sales.

Selling
97% → 90%

of the first price: an offer in the first 30 days, then after.

Buying
40% vs 25%

of homes in flood zone AE vs zone X didn’t sell within a year (listed since 2024).

Investing
$327/sq ft

was the typical break-even building budget on 341 lots and teardowns that became $1M+ homes since 2024.

What is actually happening with the property you are thinking about?

These pages carry market statistics, not a valuation. Tell me the property or the plan and I will put the analysis together myself.

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