Is Tampa, FL a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Tampa is a seller's market


Difference Since November 2022

Since last year, Tampa has remained a Seller's Market.

Key Takeaway

Tampa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Tampa, FL

How much do homes in Tampa, FL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Tampa have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in Tampa was $407,393 in November 2023, up 0.7% from last year, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $240.3K$211.2K
2 $300K$284.4K
3 $388.6K$391.4K
4 $594.7K$577.5K
5+ $955.8K$903.3K

Summary: Tampa housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 12.1%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 5.5%.

Median Sold Price Compared To Nearby Cities

Palm River-Gibsonton
Temple Terrace

Housing Supply in Tampa, FL

How many homes are available in Tampa, FL?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Tampa real estate market had 3,169 homes for sale in November 2023, a 2.2% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 173171
2 647649
3 1,3801,342
4 734725
5+ 305282

Summary: The Tampa housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 1.2%, 2 bedroom homes increased by 0.3%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 7.5%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

320 Homes Were Sold
Under Asking

139 Homes Were Sold
At Asking

98 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tampa, you may be able to get a good deal. 57.5% of homes here sold below asking price last month.

Summary: A total of 557 homes were sold or pending in Tampa in November 2023, down by 21.3% month-over-month. Of the 557 sold homes, 57% were sold under asking, 25% were sold at asking, and 18% were sold over asking.

Days on Market for Tampa, FL

How long does it take to sell a home in Tampa, FL?

Average Sale Time

Nov 2022Nov 2023CHANGE
32 Days35 Days+10.3%

Summary: Homes in Tampa had an average of 35 days on market in Nov 2023, up by 10.3% compared to last year.

Breakdown of Home Sale Times

347 Homes Were Sold
Under 30 Days

158 Homes Were Sold
In 30 - 90 Days

52 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2023, 557 homes were sold in Tampa; 62% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 9% 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 8 Days Ago

Newest Listings in Tampa, FL

Nearby Markets to Tampa, FL

What housing markets are near Tampa, FL?