Is East Tampa, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, East Tampa has remained a Seller's Market.
Housing Prices in East Tampa, FL
How much do homes in East Tampa, FL cost?
Median Sold Price
$293,333
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East Tampa was $293,333 in April 2024, up 1.9% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | $132.5K | -1.9% |
2 Bedrooms | $221K | $214K | -3.2% |
3 Bedrooms | $288.4K | $310K | +7.5% |
4 Bedrooms | $335K | $329.4K | -1.7% |
5+ Bedrooms | $425K | $345K | -18.8% |
Summary: East Tampa housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 18.8%.
Median Sold Price Compared To Nearby Neighborhoods
Rainbow Heights | $258.5K | $309.9K | +19.9% |
Eastern Heights | $247K | $270K | +9.3% |
East Tampa | $287.7K | $293.3K | +1.9% |
Housing Supply in East Tampa, FL
How many homes are available in East Tampa, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
93 | 103 | +10.8% |
Summary: The East Tampa real estate market had 103 homes for sale in April 2024, a 10.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 15 | 14 | -6.7% |
3 Bedrooms | 54 | 64 | +18.5% |
4 Bedrooms | 18 | 19 | +5.6% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The East Tampa housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 21 | +40.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in East Tampa in April 2024, up by 40.0% month-over-month. Of the 21 sold homes, 52% were sold under asking, 29% were sold at asking, and 19% were sold over asking.
Days on Market for East Tampa, FL
How long does it take to sell a home in East Tampa, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 57 Days | +146.2% |
Summary: Homes in East Tampa had an average of 57 days on market in Apr 2024, up by 146.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in East Tampa; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.