FL · Metro #18

Tampa - FL housing market

The Tampa metro has a typical home value of $359,150, down 3.8% from a year ago. Homes sell in 36 days on average - a balanced market. 30% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$359,150
-3.8% vs. year ago
Median sale price
$359,636
+1.3% YoY
Median list price
$391,300
Sale-to-list ratio
96.4%
Selling below ask
Days on market
36d
Listings w/ price cut
29.9%
New listings / mo
5,444
-13.5% YoY
Homes for sale
22,551
-2.4% YoY
Typical rent
$1,997/mo
-1.7% YoY
Context

How to read this data

The typical home value ($359,150) is the Zillow Home Value Index for the Tampa - FL metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 3.8% over the past year. A home worth $373,337 last year is now worth roughly $359,150.

The median sale price , what homes actually close for , is $359,636. Homes are selling at 96.4% of list price, meaning buyers have room to negotiate.

Homes listed in Tampa - FL sit on the market for roughly 36 days before going pending. Shorter = seller's market; longer = buyer's market.

About 29.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 5,444 new listings hit the market each month in Tampa - FL. There are currently 22,551 homes for sale, down 2.4% from a year ago.

The typical monthly rent in Tampa - FL is $1,997, down 1.7% year over year. For investors, the price-to-rent ratio here is roughly 15x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in FL

MetroHome value1-yr changeDays on market
Miami - FL$473,725 -3.5% 56.0d
Orlando - FL$386,582 -3.4% 34.0d
Jacksonville - FL$351,554 -1.9% 46.0d
North Port - FL$403,701 -6.7% 48.0d
Cape Coral - FL$340,796 -8.1% 65.0d
Lakeland - FL$298,610 -3.5% 44.0d
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