FL · Metro #18

Tampa - FL housing market

The Tampa metro has a typical home value of $361,156, down 2.9% from a year ago. Homes sell in 34 days on average, a balanced market. 31% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$361,156
-2.9% vs. year ago
Median sale price
$360,969
+2.0% YoY
Median list price
$393,300
Sale-to-list ratio
96.9%
Selling below ask
Days on market
34d
Listings w/ price cut
30.7%
New listings / mo
5,456
-7.8% YoY
Homes for sale
22,480
-8.3% YoY
Typical rent
$2,020/mo
-0.9% YoY
Context

How to read this data

The typical home value ($361,156) 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 2.9% over the past year. A home worth $371,942 last year is now worth roughly $361,156.

The median sale price , what homes actually close for , is $360,969. Homes are selling at 96.9% of list price, meaning buyers have room to negotiate.

Homes listed in Tampa - FL sit on the market for roughly 34 days before going pending. Shorter = seller's market; longer = buyer's market.

About 30.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 5,456 new listings hit the market each month in Tampa - FL. There are currently 22,480 homes for sale, down 8.3% from a year ago.

The typical monthly rent in Tampa - FL is $2,020, down 0.9% 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$476,598 -2.2% 52.0d
Orlando - FL$387,301 -2.8% 33.0d
Jacksonville - FL$353,742 -1.3% 42.0d
North Port - FL$404,078 -5.4% 52.0d
Cape Coral - FL$338,436 -6.4% 68.0d
Lakeland - FL$298,822 -3.0% 44.0d
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