At a glance
| Typical home value | $477,800 (−2.4% in a year, Zillow, Aug 2026) |
|---|---|
| Location | Northeastern City of Tampa, north of USF, along I-75, I-275 and Bruce B. Downs Boulevard |
| Annexed | 1988 |
| City area | About 24 square miles inside city limits |
| Main ZIP | 33647 |
| Communities | Tampa Palms, Pebble Creek, Hunters Green, Cory Lake Isles and others |
| HOA / CDD | Common; varies by community |
What New Tampa is
Tampa annexed New Tampa in 1988. It covers about 24 square miles inside city limits, plus unincorporated county land nearby that also uses Tampa addresses. Its population grew from 7,145 in 1990 to 22,466 in 2000 as the area turned from rural to suburban.
Master-planned communities include Tampa Palms, Pebble Creek, Hunters Green and Cory Lake Isles. Main roads are I-75, I-275 and Bruce B. Downs Boulevard, and the area borders the University of South Florida. Flatwoods Conservation Park and New Tampa Nature Park are nearby green space.
New Tampa prices by community
| Zillow neighborhood | Typical value, Aug 2026 | 1-year change |
|---|---|---|
| Cory Lake Isles | $721,224 | +0.2% |
| Arbor Greene | $568,295 | -1.2% |
| Grand Hampton | $564,753 | -1.3% |
| Hunters Green | $531,010 | -0.8% |
| New Tampa (overall) | $477,837 | -2.4% |
| Tampa Palms | $473,102 | -1.6% |
| West Meadows | $350,381 | -2.2% |
ZIP 33647 was $467,794, down 1.9%, against $377,566 for Tampa overall. Most New Tampa communities fell slightly over the year. See the Tampa housing market page and the Tampa ZIP code guide.
CDDs, HOAs and gates
Many New Tampa communities were built with community development districts, which fund and maintain ponds, roads, landscaping and sometimes amenities and gates. CDD charges appear on the property tax bill as non-ad valorem assessments. HOA dues are billed separately, and gated communities often have both master and sub-association fees.
For each home, check the tax bill for CDD amounts, ask whether bond debt is still being repaid, and get the HOA budget and dues. The Tampa gated communities guide compares several.
What to check before buying in New Tampa
- City or county: some Tampa-addressed homes nearby are outside city limits. Confirm the jurisdiction on the property appraiser record.
- Evacuation zone: Hillsborough County added sections of New Tampa to evacuation Zone E for 2026. Recheck the zone for the address.
- Flood zone: check FEMA maps for the parcel; homes near wetlands and conservation land can differ from their neighbors. Tampa's Class 5 rating in FEMA's Community Rating System gives city properties a 25% flood insurance discount in flood zones and 10% outside them.
- Commute: test the drive on I-75 or Bruce B. Downs Boulevard at the times you would actually travel.
- Schools: check the address in the Hillsborough County Public Schools zone locator; see the Tampa schools guide.
- Property tax: the assessed value resets after a sale, so estimate taxes from your purchase price rather than the seller's bill. See Hillsborough County property tax.
Common questions
Is New Tampa part of the City of Tampa?+
Mostly. The City of Tampa annexed New Tampa in 1988, and about 24 square miles are inside city limits. Some nearby unincorporated Hillsborough County land also uses Tampa addresses, so confirm the jurisdiction on the property appraiser record for any home before estimating taxes.
How much are homes in New Tampa?+
Zillow's typical home value for New Tampa was $477,837 in August 2026, down 2.4% over the year. Individual communities ranged from $350,381 in West Meadows to $721,224 in Cory Lake Isles. ZIP 33647 was $467,794. Compare sales in the same community to judge a price.
Do New Tampa homes have CDD fees?+
Many do. Several New Tampa communities, including Tampa Palms and Cory Lake Isles, have community development districts whose assessments appear on the property tax bill. HOA dues are separate. Check the parcel's tax bill and ask for the HOA budget before comparing the monthly cost of two homes.
Did New Tampa's evacuation zone change in 2026?+
Yes, for some areas. Hillsborough County revised its evacuation zones for 2026, and sections of New Tampa that previously had no zone were added to Zone E. Evacuation zones are separate from FEMA flood zones, so check both for the specific address.