Tampa, FL Housing Market Report & Home Prices

Tampa, FL housing market data: median home price, year-over-year appreciation, inventory, months of supply, days on market, affordability, and what it means f

Tampa, FL Housing Market Report

Tampa, FL is currently a balanced market. The median sale price sits near $401,000, down 2.4% from a year ago, with roughly 7,263 active listings and 4.5 months of supply. Homes are going under contract in about 54 days on average.

Tampa, FL by the numbers

Market analysis

Tampa, FL is currently a balanced market. The median sale price sits near $401,000, down 2.4% from a year ago, with roughly 7,263 active listings and 4.5 months of supply. Homes are going under contract in about 54 days on average.

Affordability remains the binding constraint. At the current national average 30-year fixed rate near 6.42%, the typical payment on a median-priced home in Tampa, FL runs about $2,622 per month including taxes and insurance, against a median rent near $1,921. That gap is what determines whether purchase conversations in this market start with payment, with price, or with a buydown structure.

Supply is rebuilding faster than demand can absorb it, which is why price reductions now touch roughly 32% of active listings. Builder incentives are widespread, and permits are running near 8,151 annualized units.

For originators, the practical read is this: buyers have negotiating room again, so seller-paid temporary buydowns and closing cost credits are the highest-leverage tools in your kit.

Tampa, FL housing market questions

Is Tampa, FL a buyer's or seller's market?

Tampa, FL currently reads as a balanced market with 4.5 months of supply. Balanced is generally considered four to six months, so this market is close to balance.

What is the median home price in Tampa, FL?

The median sale price is approximately $401,000 as of 7/24/2026, down 2.4% from a year earlier.

Are home prices falling in Tampa, FL?

Yes. Median prices are down about 2.4% year over year as inventory has rebuilt and price reductions have become common.

How much do I need to buy a home in Tampa, FL?

The typical down payment on a closed transaction is near $58,690, and the resulting payment at the current national average 30-year fixed rate is roughly $2,622 per month including taxes and insurance. Low-down-payment FHA, VA, and conventional 3% options can materially reduce the cash required.

What is the housing market forecast for Tampa, FL?

Our directional 12-month range is -4.0% to -0.6% on median price. Confidence is moderate; the rate path is the dominant variable.

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