The housing market in Tampa, FL (33620) is booming. The median value of a house in the area is $432,100, compared to the US median value of $338,100. This means there is a higher demand for housing in Tampa and its suburbs. Additionally, the one-year house appreciation rate in Tampa was 19.69%, much higher than the US average of 8.27%. This indicates that real estate values are increasing rapidly in Tampa and this trend may continue for some time as more people look to buy property or invest in rental properties here.
The median home cost in Tampa (zip 33620) is $432,100. Home appreciation the last 10 years has been 198.9%. Home Appreciation in Tampa (zip 33620) is up 27.3%.
Average Age of Homes
- The median age of Tampa (zip 33620) real estate is 30 years old
The Rental Market in Tampa (zip 33620)
- Renters make up 0.0% of the Tampa (zip 33620) population
- 0.0% of houses and apartments in Tampa (zip 33620), 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.