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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tarpon Springs is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Tarpon Springs, FL cost?

Median Sold Price

$382,233

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$76,658(+25.1%)

Key Takeaway

Homes in Tarpon Springs have sold for 25.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $118.7K$130K
+9.5%
2 $201K$270K
+34.3%
3 $330K$410K
+24.2%
4 $420K$517K
+23.1%
5+ $750K$875K
+16.7%

Median Sold Price Compared To Nearby Cities

Tarpon Springs
+25.1%
Palm Harbor
+18.2%

How many homes are available in Tarpon Springs, FL?

Number of Homes For Sale

Aug 2022Sep 2022%
193175-9.3%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 87
-12.5%
2 3542
+20.0%
3 10584
-20.0%
4 3229
-9.4%
5+ 1313
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
4930-38.8%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tarpon Springs, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
14 Days20 Days+47.1%

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Tarpon Springs, FL

Homes for sale in Tarpon Springs, FL have reached 175. The inventory of homes for sale in Tarpon Springs, FL between August 2022 and September 2022 decreased by 9.3%. Listings spent 20 days on the market in September 2022, and had a median list price of $382,233 during the same period. Listing prices have changed in this real estate market between August 2022 and September 2022: 1 bedroom properties became 9.5% more expensive, the cost of 2 bedrooms properties went up by 34.3%, 3 bedrooms properties prices increased by 24.2%, the cost of 4 bedrooms properties went up by 23.1%, 5 bedrooms properties prices increased by 16.7%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory decreased by 12.5%, number of 2 bedrooms homes increased by 20%, number of 3 bedrooms homes decreased by 20%, 4 bedrooms homes became 9.4% less available, 5 bedrooms homes did not move. In September 2022, from all listings sold in Tarpon Springs, FL there were more than 3 sold above asking price, over 21 sold below and more than 6 were sold right at the asked price.

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