FL · Metro #18

Tampa - FL housing market

The Tampa metro has a typical home value of $360,738, down 3.4% from a year ago. Homes sell in 34 days on average - a balanced market. 31% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$360,738
-3.4% vs. year ago
Median sale price
$360,133
+1.6% YoY
Median list price
$393,300
Sale-to-list ratio
96.6%
Selling below ask
Days on market
34d
Listings w/ price cut
30.6%
New listings / mo
5,566
-13.1% YoY
Homes for sale
22,663
-6.2% YoY
Typical rent
$2,018/mo
-1.3% YoY
Context

How to read this data

The typical home value ($360,738) is the Zillow Home Value Index for the Tampa - FL metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 3.4% over the past year. A home worth $373,435 last year is now worth roughly $360,738.

The median sale price , what homes actually close for , is $360,133. Homes are selling at 96.6% of list price, meaning buyers have room to negotiate.

Homes listed in Tampa - FL sit on the market for roughly 34 days before going pending. Shorter = seller's market; longer = buyer's market.

About 30.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 5,566 new listings hit the market each month in Tampa - FL. There are currently 22,663 homes for sale, down 6.2% from a year ago.

The typical monthly rent in Tampa - FL is $2,018, down 1.3% year over year. For investors, the price-to-rent ratio here is roughly 15x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in FL

MetroHome value1-yr changeDays on market
Miami - FL$475,622 -2.9% 52.0d
Orlando - FL$387,733 -3.1% 33.0d
Jacksonville - FL$352,994 -1.7% 43.0d
North Port - FL$403,601 -6.2% 50.0d
Cape Coral - FL$339,372 -7.3% 66.0d
Lakeland - FL$298,816 -3.2% 44.0d
Get new posts in your inbox. No spam, unsubscribe anytime.