The housing market in Tampa, FL is booming. The median value of a house in the city is $381,000, which is significantly higher than the national median value of $338,100. Furthermore, houses in Tampa appreciated by 19.69% over the last year compared to an 8.27% increase nationally. This demonstrates that Tampa has a strong housing market and is becoming increasingly attractive to potential buyers and investors.
The median home cost in Tampa is $381,000. Home appreciation the last 10 years has been 198.9%. Home Appreciation in Tampa is up 27.3%.
Average Age of Homes
- The median age of Tampa real estate is 39 years old
The Rental Market in Tampa
- Renters make up 43.9% of the Tampa population
- 2.8% of houses and apartments in Tampa, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.