Is Tampa, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since July 2021
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.
How much do homes in Tampa, FL cost?
Median Sold Price
$384,797
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since July 2021
+$55,911(+17.0%)
Key Takeaway
Homes in Tampa have sold for 17% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jul 2021 | Jul 2022 | % |
|---|---|---|---|
| 1 Bedroom | $173.3K | $227.2K | +31.1% |
| 2 Bedrooms | $239.4K | $281K | +17.4% |
| 3 Bedrooms | $309.3K | $370K | +19.6% |
| 4 Bedrooms | $468.7K | $566.6K | +20.9% |
| 5+ Bedrooms | $825K | $995K | +20.6% |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Palm River-Gibsonton | +37.9% |
| Temple Terrace | +28.3% |
| Lutz | +23.8% |
| Oldsmar | +22.2% |
| Tampa | +17.0% |
How many homes are available in Tampa, FL?
Number of Homes For Sale
| Jun 2022 | Jul 2022 | % |
|---|---|---|
| 2,075 | 2,155 | +3.9% |
Homes For Sale By Bedroom Count
| # BEDS | Jun 2022 | Jul 2022 | % |
|---|---|---|---|
| 1 Bedroom | 99 | 116 | +17.2% |
| 2 Bedrooms | 404 | 431 | +6.7% |
| 3 Bedrooms | 858 | 901 | +5.0% |
| 4 Bedrooms | 446 | 442 | -0.9%  |
| 5+ Bedrooms | 268 | 265 | -1.1% |
Number of Homes Sold
| Jun 2022 | Jul 2022 | % |
|---|---|---|
| 557 | 485 | -12.9% |
Asking Price vs. Sold Price
178 Homes Were Sold
Under Asking
130 Homes Were Sold
At Asking
177 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tampa, you may be able to get a good deal. 36.7% of homes here sold below asking price last month.
Average Sale Time
| Jul 2021 | Jul 2022 | % |
|---|---|---|
| 17 Days | 15 Days | -10.3% |
Breakdown of Home Sale Times
413 Homes Were Sold
Under 30 Days
62 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tampa are selling fast, if you're buying plan to act quickly.
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