Tampa median home price and housing market numbers
| Month | Typical Tampa home value | Change on prior year |
|---|---|---|
| August 2026 | $377,600 | −0.3% |
| August 2025 | $378,900 | −5.0% |
| August 2024 | $399,000 | +2.5% |
| August 2023 | $389,100 | −1.1% |
| August 2022 | $393,600 | +26.5% |
| August 2021 | $311,100 | +22.7% |
| August 2020 | $253,500 | +8.4% |
| August 2019 | $233,900 | +5.6% |
| August 2018 | $221,500 | +9.1% |
| August 2017 | $203,100 | +13.1% |
| August 2016 | $179,600 | n/a |
Zillow Home Value Index (all homes, smoothed, seasonally adjusted) and Zillow metro market data for the Tampa metro, including the median sale price. Metro figures cover the wider region. The typical home value is Zillow’s mid-market index for Tampa itself; the 5-year change is +21.4%.
What the ten-year trend shows
Zillow's typical home value for Tampa was $179,642 in August 2016 and $377,566 in August 2026, an increase of 110.2% over ten years. Most of that gain came in a short window: the value rose from $253,523 in August 2020 to $393,576 in August 2022, up 55.2% in two years.
Since then the market has moved sideways to slightly lower. The August figure dipped to $389,080 in 2023, reached $398,976 in 2024, then fell to $378,890 in 2025 and $377,566 in 2026. That puts the current typical value 5.4% below August 2024. The last year shows only a small decline, which suggests prices are leveling off rather than falling quickly. It is not a forecast in either direction.
Sale times, price cuts and inventory across the Tampa metro
These figures are Zillow's metro-wide numbers for the Tampa area, not the city alone. Compare each with its own figure from a year earlier.
Days to pending
An average of 70 days in August 2026, compared with 69 days a year earlier. Listings are taking about as long to go under contract as they did in 2025.
Sale-to-list ratio
0.970, compared with 0.968. The typical home sold for about 3% below its final list price, a slightly smaller discount than a year before.
Price cuts
31.2% of listings had a price cut, down from 33.1%. Roughly three in ten sellers are still adjusting their price after listing.
Inventory
22,040 homes for sale, down 8.3% from 24,036. Fewer listings give buyers less to choose from, which can steady prices even while sale times stay long.
Median sale price
$369,667, up from $359,000 a year earlier. The median sale price rose while the typical home value slipped. That is not a contradiction: the median sale price reflects whichever homes happened to sell that month, while the typical value tracks the whole housing stock.
Read together, the numbers point to a market with fewer listings and slightly less discounting than a year ago, but still with long sale times.
How much the market differs by ZIP code and neighborhood
The citywide number hides a wide spread. By ZIP, Zillow's typical value ranged from $262,404 in 33605 to $1,036,817 in 33629, almost four times higher. The one-year changes split too: 33614 rose 1.8%, 33615 rose 1.6% and 33634 rose 1.5%, while 33602 fell 4.4%, 33616 fell 3.0% and 33635 fell 2.3%. The Tampa ZIP code guide shows which neighborhoods sit in each ZIP.
At the neighborhood level the downtown core was weaker. Zillow's typical value in the Channel District was $499,393, down 9.3% over the year, and Downtown was $432,219, down 4.0%. Some smaller neighborhoods posted gains, such as Ridgewood Park at $735,535 (up 7.3%) and Rainbow Heights at $269,426 (up 5.3%). Figures for small neighborhoods can swing on a handful of sales, so treat them as a prompt to check recent comparable sales rather than as a trend. If you are looking at downtown towers, the Tampa condo guide covers the association checks that affect value.
Condos, luxury homes and new builds
Different parts of the market moved differently over the year to August 2026. Zillow's neighborhood values blend all home types, so use them as a direction, not a price for a specific home.
Condos
Condo-heavy neighborhoods were the weakest part of the city: the Channel District fell 9.3% to $499,393, South Howard fell 6.0% to $478,371 and Downtown fell 4.0% to $432,219. Florida's milestone inspection and reserve rules have added costs in many older buildings. The Tampa condo guide explains what to check.
Luxury homes
South Tampa's high-value neighborhoods were mixed. Culbreath Isles rose 5.3% to $3,195,170 and Golf View rose 4.5% to $2,066,021, while Davis Island fell 3.9% to $1,445,180 and Sunset Park fell 3.3% to $1,444,376. At this level a handful of sales can move the figure, so compare recent sales on the same street.
Entry-level homes
Several lower-priced neighborhoods rose, including Highland Pines (up 8.0% to $226,351), Beasley (up 8.0% to $261,297) and College Hill (up 4.2% to $269,442). Others fell, such as Historic Ybor (down 9.2% to $228,492), so the pattern is street by street rather than a rule for all cheaper homes.
New construction
Most new homes are in suburban communities outside the city, where builder incentives and CDD assessments affect the real price. See the Tampa new construction guide.
Nearby Hillsborough County markets
Zillow's August 2026 typical values for nearby areas were $488,064 in Lutz (down 0.7%), $325,798 in Temple Terrace (down 0.5%), $414,955 in Valrico (down 2.0%) and $687,195 in Odessa (down 0.1%). See the guides to Lutz, Temple Terrace and Valrico. Zillow's typical rent for Tampa was $1,957, down 0.8% over the year.
Is now a good time to buy a house in Tampa?
It depends on your timeline more than on the market. If you plan to stay for several years and can afford the monthly cost, the current market gives buyers more time and more room to negotiate than in 2021 and 2022. It does not promise that prices will rise.
Use the time
With a metro average of 70 days to pending, many listings have been on the market a while. Ask the listing agent for the price history and how long the home has been listed.
Negotiate on facts
About three in ten metro listings had a price cut. Base your offer on recent sales of similar homes nearby, not on the list price.
Price the monthly cost, not just the purchase
Freddie Mac's 30-year fixed average was 7.03% in the week of September 24, 2026. Get insurance and flood quotes before you commit, because they can change the monthly figure more than a small price difference. The Tampa cost of living guide and the flood zone guide cover both.
Do not budget from the seller's tax bill
Florida's homestead cap limits annual increases in assessed value for the current owner, so your bill can be higher. Use the Hillsborough County property tax guide to estimate yours.
Is now a good time to sell a house in Tampa?
If you need to sell, you can, but plan for a longer sale and price to the market from the start. Sellers who can wait have less pressure, but carrying costs add up each month the home is listed.
Price to recent sales
The typical home sold for about 97% of its final list price across the metro. Overpricing tends to show up later as a price cut.
Plan for the timeline
An average of 70 days to pending comes before the closing period. Budget for mortgage, insurance, taxes and upkeep over that time.
Estimate your net, not the headline price
Florida documentary stamp tax on a deed is $0.70 per $100 of the price. Run your numbers through the seller net proceeds calculator, and see how a cash offer compares in the guide to selling fast in Tampa.
Check your own ZIP
A seller in 33614 and a seller in 33602 faced opposite one-year trends. Ask for a comparative market analysis based on your street, or start with the Tampa home value page.
Outlook: what published forecasts say
We do not make our own price forecasts. Zillow publishes a home value forecast for each metro: for the Tampa metro, from an August 2026 base, it projected a 0.2% change by September 2026, 0.6% by November 2026 and 0.5% by August 2027. In other words, Zillow expects roughly flat prices over the next year.
Forecasts are revised every month and have been wrong in both directions, so use them as context, not as a reason to buy or sell. Mortgage rates, insurance costs and inventory will matter more to your own decision. Freddie Mac's 30-year fixed average was 7.03% in the week of September 24, 2026.
Common questions
Are Tampa home prices going down?+
Slightly. Zillow's typical home value for Tampa was $377,566 in August 2026, down 0.3% over the year and 5.4% below the August 2024 figure of $398,976. Values are still 21.4% higher than five years earlier. The last year looks more like leveling off than a sharp fall, but no data series can tell you what prices will do next.
How long does it take to sell a house in Tampa?+
Across the Tampa metro, Zillow's average days to pending was 70 in August 2026, compared with 69 a year earlier. That is the time from listing to an accepted contract. Closing usually adds more time after that, depending on financing, inspections and title work. Homes in individual neighborhoods can sell faster or slower than the metro median.
Is Tampa a buyer's market or a seller's market?+
The August 2026 figures lean toward buyers compared with the 2021 to 2022 period. Across the metro, homes took an average of 70 days to go pending, 31.2% of listings had a price cut and the typical sale closed at about 97% of list price. Inventory fell 8.3% over the year, though, so conditions vary by price range and ZIP code.
What is the median home price in Tampa?+
Zillow's typical home value for the City of Tampa was $377,566 in August 2026. Zillow's median sale price for the wider Tampa metro was $369,667, up from $359,000 a year earlier. The two measures differ because the median sale price reflects only the homes sold that month.
Will Tampa home prices go up in 2027?+
No one knows for certain. Zillow's published forecast for the Tampa metro, made from an August 2026 base, projects a 0.5% change in home values by August 2027, which is close to flat. Forecasts are revised monthly and can be wrong in either direction, so base your decision on your own budget and timeline rather than a prediction.
Is now a good time to buy a house in Tampa?+
For buyers with a long timeline, conditions are more balanced than in 2021 and 2022. In August 2026 metro homes took an average of 70 days to go pending, 31.2% of listings had a price cut and homes sold for about 97% of list price. Mortgage rates near 7.03% and insurance costs mean the monthly payment matters more than the price, so get quotes before you commit.
Sources
- Zillow Research: housing data (ZHVI, days to pending, sale-to-list, price cuts, inventory, median sale price, ZORI), August 2026
- Freddie Mac: Primary Mortgage Market Survey
- Hillsborough County Property Appraiser: Homestead and other exemptions
- Florida Department of Revenue: Documentary stamp tax
- Zillow Research: Home value forecast by metro (ZHVF, August 2026 base)
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Antonio Roberts
Antonio Roberts has spent five years helping more than 500 Florida buyers and sellers choose the right real estate agent. He is not a real estate agent himself: he researches what matters in a Florida move and connects people with licensed local agents, free of charge.
Reviewed by a licensed Florida real estate agent. Before publication, this guide was checked for accuracy by a licensed Florida real estate agent on our team. It is general information, not legal, tax or financial advice.
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