Is North 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, North Tampa has remained a Seller's Market.
Housing Prices in North Tampa, FL
How much do homes in North Tampa, FL cost?
Median Sold Price
$390,768
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Tampa was $390,768 in April 2024, up 8.1% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $165K | +3.1% |
2 Bedrooms | $236.5K | $240K | +1.5% |
3 Bedrooms | $356.8K | $385K | +7.9% |
4 Bedrooms | $548K | $600K | +9.5% |
5+ Bedrooms | $892K | $960K | +7.6% |
Summary: North Tampa housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 7.6%.
Median Sold Price Compared To Nearby Neighborhoods
University Square | $270K | $310K | +14.8% |
North Tampa | $361.6K | $390.7K | +8.1% |
North Tampa Community | $263K | $282K | +7.2% |
Forest Hills | $405K | $380K | -6.2% |
Housing Supply in North Tampa, FL
How many homes are available in North Tampa, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
574 | 554 | -3.5% |
Summary: The North Tampa real estate market had 554 homes for sale in April 2024, a 3.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 23 | 19 | -17.4% |
2 Bedrooms | 124 | 118 | -4.8% |
3 Bedrooms | 223 | 210 | -5.8% |
4 Bedrooms | 157 | 153 | -2.5% |
5+ Bedrooms | 47 | 54 | +14.9% |
Summary: The North Tampa housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 17.4%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 14.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
140 | 151 | +7.9% |
Asking Price vs. Sold Price
90 Homes Were Sold
Under Asking
36 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Summary: A total of 151 homes were sold or pending in North Tampa in April 2024, up by 7.9% month-over-month. Of the 151 sold homes, 60% were sold under asking, 24% were sold at asking, and 17% were sold over asking.
Days on Market for North Tampa, FL
How long does it take to sell a home in North Tampa, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 36 Days | -9.5% |
Summary: Homes in North Tampa had an average of 36 days on market in Apr 2024, down by 9.5% compared to last year.
Breakdown of Home Sale Times
104 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Summary: During April 2024, 151 homes were sold in North Tampa; 69% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.