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Homes for sale · Tampa, FloridaUniversity

College-adjacent Tampa living with room to invest

60

Homes for sale

$165,000

Median list price

$181

Avg price / sqft

58

Median days on market

Search University on the map

University sits in Tampa's northeast quadrant, built around the energy of the USF campus and the research and medical corridor that surrounds it. It's a practical, unpretentious part of town where students, young professionals, and investors mix, and where you can still find a condo or small single-family home at a price that's rare inside the city. The vibe is everyday-Tampa rather than polished — close to campus, close to major roads, and close enough to downtown to keep a short commute.

For buyers, the numbers tell a clear story: with 60 active listings and a median list price of $164,950, this is one of the more affordable footholds in Tampa. Homes are small (median 1,066 sqft) and move at a measured pace — 56 median days on market — while sellers over the last year collected about 95% of asking. If you're comparing it to pricier pockets like Old Seminole Heights or the Lake Magdalene area nearby, University is where the entry prices and rental yields line up for a first purchase or a buy-and-hold.

University is a community in Tampa, Florida.

Quick facts

$97,900 – $699K price range

1,066 sqft median home

$351/mo median HOA

$1,625/mo median rent

110 sold in 12 months

Drive times

Downtown Tampa≈ 23 min
Tampa Int’l Airport (TPA)≈ 31 min

Living in University

University takes its name and its identity from the University of South Florida, which anchors this northeast slice of Tampa. The neighborhood grew up alongside the campus and the research, medical, and institutional employers clustered around it, giving the area a mix of students, faculty, healthcare workers, and long-term residents. It's a working, everyday part of the city — functional rather than fashionable — and that character is exactly what keeps it affordable.

Life here is shaped by access. You're close to campus, close to major roads, and close enough to downtown that a commute is measured in minutes rather than a long haul. The housing leans toward smaller homes and condo communities, which suits singles, students, young professionals, and investors more than large families looking for space and polish.

This is a neighborhood that rewards buyers who value location and price over prestige. If you want proximity to one of Tampa's biggest institutions and a foothold in the city at a reasonable number, University makes a strong case. Those seeking historic charm or waterfront living will generally look to other parts of Tampa.

Neighborhoods and communities in University

University sits within reach of several distinct Tampa areas worth knowing as you shop. The 40th Street Corridor runs nearby and is one of the practical connectors through this part of the city, mixing residential pockets with everyday commercial frontage. It's a useful reference point when you're mapping where a listing actually sits relative to campus and the main roads.

To the north and west, Lake Magdalene offers a more established, lake-oriented feel, while Old Seminole Heights to the south is known for its older housing stock and neighborhood character. Both give you a sense of the range nearby — from campus-adjacent condos to character homes a short drive away. Comparing these areas helps clarify what you're trading when you choose University's affordability.

Further afield, the Gandy/Sun Bay South area represents a different corner of Tampa entirely, useful if your search isn't strictly tied to the USF side of town. Within University itself, inventory is concentrated in condo and townhome communities plus pockets of smaller single-family homes. A local agent can walk you block by block, since conditions and associations vary considerably from one community to the next.

Homes for sale in University: prices and housing

University is one of the most affordable places to buy in Tampa. There are about 60 active listings, with a median list price of $164,950 and a range running from $97,900 up to $699,900. The average price per square foot is roughly $179, and the median home size is a compact 1,066 sqft — a reminder that much of the inventory here is condos, townhomes, and smaller single-family homes.

Over the last 12 months, 110 homes sold at a median price of $228,450, with sellers collecting about 95% of asking on average. The gap between the active median and the sold median reflects the mix of what's currently listed versus what has traded, so lean on recent comparable sales when you price an offer. The current median of 56 days on market signals a measured pace that gives committed buyers time to do their diligence.

Segment-wise, the inventory is modest: a handful of gated communities (about 6), a few homes with pools (around 5), and just one waterfront listing, with no active golf, 55+, new-construction, or million-dollar homes at the moment. The median HOA is around $325/month, which points to the prevalence of condo and managed communities, and the median property tax is about $2,188/year. With median rent near $1,600/month, the numbers also explain why investors keep a close eye on this area.

Schools in University

The schools most commonly assigned to addresses in University include USF/Patel Partnership Elementary School and the Patricia Sullivan Metropolitan Ministries Partnership School at the elementary level, with Freedom High School among the high school assignments. These reflect the area's close ties to USF and its partnership programs.

Hillsborough County is a large district, and attendance boundaries can shift from year to year. Two homes a few blocks apart can fall into different zones, so never assume — confirm the exact assignment for a specific address directly with the district before you commit.

If schools are central to your decision, build that verification into your search early. Your agent can help you cross-check a property's zone and point you to the district's official boundary tools so there are no surprises after closing.

Getting around University

University's biggest practical advantage is its central position in Tampa. Downtown Tampa is roughly 23 minutes away, and Tampa International Airport is about 31 minutes out, which makes both work commutes and travel manageable. For anyone tied to USF or the surrounding medical and research employers, the drive is even shorter.

The area is well connected to Tampa's major road network, so reaching other parts of Hillsborough County and the wider Tampa Bay region is straightforward. This is a car-oriented part of the city, as most of the region is, and having a vehicle will make daily life easiest.

Because so much of the neighborhood sits near key corridors, confirm the specifics of any property's access and traffic patterns during a showing. A listing's exact placement relative to the main roads can meaningfully change your daily routine.

Is University a good place to live?

University's appeal comes down to value and location. With a median list price of $164,950 and strong rental demand around $1,600/month, it's one of the easier ways into Tampa for first-time buyers and investors alike. Add a central position — about 23 minutes to downtown — and you have a neighborhood that works hard for the money.

The trade-offs are real and worth naming. Homes here are small (a 1,066 sqft median), there's no new construction or luxury inventory on the market right now, and the area is everyday-practical rather than polished. Many listings are condos with HOA fees averaging around $325/month, so your monthly math matters as much as the purchase price.

For the right buyer — someone tied to USF, an investor chasing yield, or a first-timer prioritizing price and location over space — University is a sensible, grounded choice. Buyers wanting charm, waterfront, or larger single-family homes will likely look to neighboring areas. As always, verify school zones, HOA terms, and recent comparable sales before you write an offer.

On the market now

Homes for sale in University

View all 60 →

Every active listing inside the University boundary

Open full map search →

Find your fit

Browse University

Where the market lives

34
8
13
2
3
<$200K$200K–$300K$300K–$400K$400K–$500K$500K–$750K

The numbers that matter

The University market

110

Sold, last 12 months

$228,450

Median sold price

95%

Sale-to-list ratio

What sellers actually get vs asking

43 days

Median time to sell

University vs Tampa

Median list price

University$165K
Tampa Co.$430K

Price per sqft

University$181
Tampa Co.$340

Days on market

University58d
Tampa Co.55d

Median sold price — 3-yr, 3-mo rolling

▲ 36.7% yr/yr

$178K$264K$349KNov ’23Oct ’26

Homes sold per month

01019Nov ’24Oct ’26

Live Stellar MLS data — every listing and closed sale inside the University boundary. Rolling medians smooth single-month swings in small communities.

For the school run

Schools University is zoned for

Attendance boundaries overlapping this community — always verify zoning with the district.

What it really costs

Owning here

Owning the median University home

≈ $1,614/mo

Principal & interest $869
Property tax $184
HOA / fees $351
Insurance (est.) $210

$165,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

$351/mo

Median HOA

From current listings inside the boundary

$1,625/mo

Median rent

Homes for rent inside the boundary

Population

58,274

Median age

32

Median income

$35,659

Median home value

$57,488

Beyond the listings

Living in University

Relationships

Top 15% in the U.S.

Networking

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

Entertainment

Top 18% in the U.S.

Party Life

The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.

Lifestyles

Top 20% in the U.S.

Nerd Culture

These people aren't afraid to nerd out. Common activities include comic books, video games, and often intellectual pursuits.

Appearance oriented

Top 23% in the U.S.

Body Art

Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.

Food & Drink

Fueling for Fitness

A population characterized by healthy eating. Often pre-planning for meals for the purpose of fitness and convenience. Likely to participate in meal prep trends.

Emotional

Memory Lane

Intentionally preserving memories of lost loved ones, joyful times, or reflecting on painful experiences in the past.

People who close here

Our Tampa experts

Straight answers

University FAQs

Is University a good place to live?+

It suits students, USF-area workers, and investors who want proximity to campus and an easy run into the city — Downtown Tampa is about 23 minutes away. It's an everyday, no-frills neighborhood rather than a polished one, which is part of why prices stay attainable. If you want more charm or waterfront, neighboring areas like Old Seminole Heights are worth a look.

Is University expensive?+

No — it's one of the more affordable corners of Tampa. The median list price is $164,950, and sold homes over the past year came in around $228,450, well below many city neighborhoods. Compared with the broader Tampa market, University is where first-time buyers and investors still find room.

What do homes cost in University?+

Active listings span $97,900 to $699,900, with a median of $164,950 and an average of about $179 per square foot. Homes are compact, with a median size near 1,066 sqft, so many of the lower prices reflect condos and smaller single-family houses. The median sold price over the last 12 months was $228,450.

How is the market in University?+

It's steady rather than frantic: 60 homes are active, 110 sold over the past year, and the median time on market is 56 days. Sellers are getting about 95% of their asking price on average, so there's modest room to negotiate. Buyers who move with a clear budget and inspection plan tend to do well here.

What about HOA fees and property taxes?+

The median HOA runs about $325/month, which reflects the many condo communities in the area, and the median property tax is around $2,188/year. Fees vary widely by building, so confirm what's covered — exterior maintenance, water, or amenities — before you write an offer. Single-family homes without an association will carry lower monthly costs.

What schools serve University?+

The most commonly assigned schools include USF/Patel Partnership Elementary School, Patricia Sullivan Metropolitan Ministries Partnership School, and Freedom High School. Attendance zones in Hillsborough County can change, so verify the exact boundary for any specific address with the district before buying.

How is the commute from University?+

It's a central location: Downtown Tampa is about 23 minutes away and Tampa International Airport roughly 31 minutes. Proximity to USF and the surrounding employment centers means many residents have a short drive to work. Major roads nearby make reaching the rest of the Tampa Bay region straightforward.

Is there new construction in University?+

There is no active new-construction inventory in University right now — the market here is almost entirely existing homes and condos. Buyers wanting new builds typically look to developing corridors elsewhere in the region, such as around the 40th Street Corridor or outlying Hillsborough communities. In University, value comes from updating older, well-located stock.

Keep exploring

More Tampa neighborhoods

Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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