What Is Tampa Median Home Price?

Definition of "What is Tampa median home price?"

Whether you are a hardworking blue collar tradesman or a wealthy white collar banker, when you’re buying a house, there’s one thing on your mind: how much is it going to cost me? Whatever your budget, social status, expectations or preferences, you are still going to be looking at the price first, and other factors second. 

If you’re considering buying a home in Tampa, then there’s no doubt you’re wondering about the average price of a home. Luckily for you, homes in Tampa are priced very reasonably, and whatever your budget is, chances are you’ll be able to find something for you. Let’s take a closer look! 

Home prices in Tampa 

The median home price in Tampa is a thoroughly average $240,000, coming in a bit above the national average home price. Although this may dampen the enthusiasm of home buyers with lower budgets, it’s worth keeping in mind the fact that Tampa is a big city. With a population of just under 400,000, home prices are far below what you’d find in other similar populous cities. 

Another reason why this home price is so attractive is the state of the Tampa real estate market. Although houses are priced slightly above average, listings in Tampa have a tendency to turn over exceptionally quickly, with listings sometimes staying on the market for less than a week. 

So what does this mean for you? Well, for starters, it means that buying a home in Tampa is going to net you a great investment. Houses on the Tampa real estate market don’t just hold their value; they appreciate in value! If you hang onto your house for a couple of years, it’s likely that you’ll be able to sell it for a profit! 

If these home prices don’t deter you, why not contact one of the top real estate agents in Tampa FL and get a feel for the market? If you like what you find out, you might just end up moving there, and making the beautiful city of Tampa your home! 

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Questions

Popular Real Estate Glossary Terms

An acre is defined as a land unit that is commonly used in the US customary and imperial systems of 66 by 660 feet (one chain by one furlong). An acre is a measure of volume used in many ...

Arrears is a legal and financial term used to describe payments in regards to their due dates. While the term is more often used to refer to a contractual obligation or liability that was ...

revising the terms of a loan such as when the borrower is experiencing severe financial difficulties. For example, a homeowner lost his job and seeks relief by requesting the lender ...

Real rate of interest on a loan. It is the coupon rate divided by the net proceeds of the loan. Assume Sharon took out a $1,000,000, on year, 10% discounted loan to buy real estate. The ...

Clause inserted into a commercial lease by a mortgagee stating the lessee's current lease will not be terminated if there is a foreclosure action against the landlord for the failure to ...

Ownership of property by two or more people in undivided interests, without the right of survivorship. Each coowner's interest may be conveyed separately by its owner. Tenancy in common ...

Molding used in corners simulating a quarter of a circle. ...

Rooflike cover that extends over any place to provide shelter from the sun, rain, or wind. ...

Civil rights acts passed by the U.S. Congress includes those of 1866, 1870, 1871, 1875, 1964, and 1968. The first two acts gave blacks the rights to be treated as citizens in legal actions, ...