Is Tarpon Springs, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Tarpon Springs was a Seller's Market.
Housing Prices in Tarpon Springs, FL
How much do homes in Tarpon Springs, FL cost?
Median Sold Price
$450,000
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tarpon Springs was $450,000 in April 2024, up 12.5% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $142.4K | $149.6K | +5.1% |
2 Bedrooms | $270K | $262.5K | -2.8% |
3 Bedrooms | $440K | $460K | +4.5% |
4 Bedrooms | $562K | $646.5K | +15.0% |
5+ Bedrooms | $850K | $1.1M | +29.4% |
Summary: Tarpon Springs housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.1%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 29.4%.
Median Sold Price Compared To Nearby Cities
Tarpon Springs | $400K | $450K | +12.5% |
Palm Harbor | $401.5K | $430K | +7.1% |
Housing Supply in Tarpon Springs, FL
How many homes are available in Tarpon Springs, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
371 | 385 | +3.8% |
Summary: The Tarpon Springs real estate market had 385 homes for sale in April 2024, a 3.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 16 | +14.3% |
2 Bedrooms | 113 | 107 | -5.3% |
3 Bedrooms | 129 | 132 | +2.3% |
4 Bedrooms | 86 | 94 | +9.3% |
5+ Bedrooms | 29 | 36 | +24.1% |
Summary: The Tarpon Springs housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 24.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
64 | 54 | -15.6% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 54 homes were sold or pending in Tarpon Springs in April 2024, down by 15.6% month-over-month. Of the 54 sold homes, 69% were sold under asking, 28% were sold at asking, and 4% were sold over asking.
Days on Market for Tarpon Springs, FL
How long does it take to sell a home in Tarpon Springs, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 57 Days | +15.0% |
Summary: Homes in Tarpon Springs had an average of 57 days on market in Apr 2024, up by 15% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During April 2024, 54 homes were sold in Tarpon Springs; 46% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.