Is Downtown Tarpon Springs, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Downtown Tarpon Springs is a buyer's market

Buyer's
Market

Difference Since August 2023

At the same time last year, Downtown Tarpon Springs was a Seller's Market.

Key Takeaway

Downtown Tarpon Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Downtown Tarpon Springs, FL

How much do homes in Downtown Tarpon Springs, FL cost?

Median Sold Price

$326,250

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$1,250(+0.4%)

Key Takeaway

The sold price of homes in Downtown Tarpon Springs has remained the same since last year.

Summary: The median home sold price in Downtown Tarpon Springs was $326,250 in August 2024, up 0.4% from last year, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $279K$271.5K
-2.7%
3 $341K$339.5K
-0.4%
4 $500K$541.5K
+8.3%
5+ $480K-
N/A

Summary: Downtown Tarpon Springs housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.7%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Tarpon Springs Historic District
+25.0%
Beckett Bay
+8.1%
Downtown Tarpon Springs
0.4%

Housing Supply in Downtown Tarpon Springs, FL

How many homes are available in Downtown Tarpon Springs, FL?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
880.0%

Summary: The Downtown Tarpon Springs real estate market had 8 homes for sale in August 2024, the same as July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 12
+100.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Downtown Tarpon Springs housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Downtown Tarpon Springs, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Downtown Tarpon Springs in August 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Downtown Tarpon Springs, FL

How long does it take to sell a home in Downtown Tarpon Springs, FL?

Average Sale Time

Aug 2023Aug 2024CHANGE
12 Days2 Days-84.4%

Summary: Homes in Downtown Tarpon Springs had an average of 2 days on market in Aug 2024, down by 84.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Downtown Tarpon Springs are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 1 homes were sold in Downtown Tarpon Springs; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Downtown Tarpon Springs, FL

Nearby Markets to Downtown Tarpon Springs, FL