Real Estate in Tampa, FL
Updated 2026 • Housing market data from 45 zip codes • Redfin data through January 2026
📊 Tampa, FL Market Activity
The Tampa housing market shows a median sale price of $410,950. The price per square foot is $286, 286% above the national median of ~$215/sqft. Homes in Tampa spend a median of 54 days on market, longer than the national median of 42 days — giving buyers more negotiation room.
🏘️ Tampa Rental Market
The average rent in Tampa, FL is $2,752 per month. A 2-bedroom apartment rents for approximately $2,011/month, while a 3-bedroom home averages $2,798/month.
📦 Tampa Housing Supply & Demand
There are 2,400 new listings and 2,714 active properties on the market.
🏆 Tampa Market Competitiveness
Homes in Tampa sell for an average of 97.0% of their asking price. About 18% of properties sell above list price, indicating moderate buyer competition.
On average, homes sell for 97.0% of the asking price
18% of sales closed above asking, % at or below
📋 Housing Overview
Tampa, FL Housing Market Insights
Delve into the specifics of the real estate market in this area. Understanding key metrics such as the median home price of 449750, the balance between renting (49%) and owning (51%), and a population of 398173 provides valuable insights for potential buyers, sellers, and investors. It is important to note that neighborhood characteristics can vary drastically, and decisions should not solely rely on data available without visiting. Many factors can differ, so do consider inspecting areas in-person to avoid potential mismatches in choice.
Rent vs. Buy Analysis
With a median home price of $449,750 and average rents of $2,752/month, the median household income of $66,802 provides context for affordability in Tampa. Whether you're looking to buy property in Tampa or invest in Tampa real estate, understanding the price-to-rent ratio helps determine if renting or owning makes more financial sense for your situation. A 2-bedroom apartment rents for approximately $2,011/month, while a 3-bedroom house averages $2,798/month.
Economy & What Drives Tampa Real Estate
Real estate values in Tampa, FL are driven by local employment, school quality, and quality of life. The cost of living index of 104.1 (U.S. average = 100) reflects the overall affordability of the area. With a median household income of $66,802, residents have moderate purchasing power. Proximity to major employers, universities, and transportation corridors directly influences home values and demand across Tampa neighborhoods.
Pros & Cons
Pros
- •Diverse cultural scene
- •Great weather year-round
- •Active outdoor lifestyle
- •Growing tech industry
- •Vibrant nightlife options
- •Affordable cost of living
- •Strong sports community
- •Family-friendly activities
- •Job market is improving
- •Proximity to beaches
Cons
- •Risk of hurricanes
- •Property insurance costs
- •Traffic congestion issues
- •Schools vary greatly in quality
- •Limited public transport
- •Sparse community feel
- •Political polarization exists
- •Higher crime in some areas
- •Some neighborhoods feel unsafe
- •High humidity in summer
Frequently Asked Questions
What is the cost of living in Tampa, FL? ▼
The cost of living in Tampa, FL is 4% higher than the national average, with a cost of living index of 104 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown →
How much does it cost to buy or rent a home in Tampa, FL? ▼
In Tampa, FL, The median home price is $449,750. requiring approximately $139,232 annual income to afford. Average rent is $2,752/month (requiring ~$110,074/year income). The local median household income is $66,802, making homeownership challenging for typical residents. Explore Tampa real estate data →
Is Tampa, FL a safe place to live? ▼
Tampa, FL is average in terms of safety, with crime rates near the national average. The crime rate is 21.3 per 1,000 residents. Safety varies significantly by neighborhood. View detailed Tampa crime statistics →
What salary do you need to live comfortably in Tampa, FL? ▼
To live comfortably in Tampa, FL and afford a median-priced home of $449,750, you would typically need a household income of $112,438 to $140,547 per year. The local median household income is $66,802. Renting requires approximately $110,074/year (at $2,752/month). See full affordability analysis →
Is Tampa, FL growing? ▼
Tampa, FL has a population of 398,173. As a mid-to-large city, population trends depend on local housing development, job growth, and quality of life factors. The moderately priced housing market and competitive job market shape migration patterns. See Tampa population demographics →
What are the best neighborhoods in Tampa, FL? ▼
The best neighborhoods in Tampa, FL depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods farther from the city center tend to offer more affordable options. Explore Tampa on our interactive map →
What is the commute like in Tampa, FL? ▼
Commute times in Tampa, FL vary by neighborhood and workplace location. As a larger metro area, most residents rely on personal vehicles, though public transit options may be available. The moderate cost of living may allow for housing closer to employment centers. Explore commute times on our map →
How are the taxes in Tampa, FL? ▼
Tax rates in Tampa, FL include state and local components. The cost of living index of 104 reflects a moderate cost environment compared to the national average. View detailed Tampa tax information →
How does Tampa, FL compare to nearby cities? ▼
Tampa, FL offers comparable costs to nearby communities. With a cost of living index of 104, median home prices of $449,750, and a crime rate of 21.27 per 1,000 residents, you can compare these metrics side-by-side. Use the compare feature to evaluate specific cities.
What is the weather like in Tampa, FL? ▼
Weather in Tampa, FL varies by season. Climate data varies by season. View detailed Tampa climate & environment data →
Is it better to rent or buy in Tampa, FL? ▼
With a median home price of $449,750 and average rents of $2,752/month, the price-to-rent ratio in Tampa is 13.6x. This favors buying, as monthly mortgage payments may be comparable to or lower than rent. See full cost analysis →
What is the price per square foot in Tampa, FL? ▼
The median price per square foot in Tampa is $286, which is 33% above the national median of ~$215/sqft. This reflects the area's demand, construction costs, and proximity to employment centers.
How fast do homes sell in Tampa, FL? ▼
Homes in Tampa spend a median of 54 days on market before going under contract. This indicates homes take longer than the national median of 42 days, giving buyers more negotiating room. View full market data →
Explore More About Tampa, FL
📅 Last Updated: January 2026
Sources: U.S. Census Bureau, Zillow, Redfin