Tampa, FL metro area Housing Market

Cool Market

Comprehensive housing market data for the Tampa, FL metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$375K

1.4% YoY

Days on Market

56 days

14.3% YoY

Active Inventory

17,882

12.9% YoY

Homes Sold

5,009

0.2% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Tampa, FL metro area Market Summary

The Tampa, FL metro area housing market is cooling down. As of March 2026, the median home sale price is $375K, up 1.4% year-over-year. Homes are spending a median of 56 days on the market, 14.3% longer than a year ago.

There are 17,882 homes for sale — 12.9% fewer than last year. With 3.6 months of supply, this is a seller's market. 6,320 new listings were added during this period, down 17.4% year-over-year.

Homes are selling for 97.0% of their list price on average, suggesting room for negotiation. 13.8% of homes sell above their asking price. 39.6% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

73

Contributing Factors

Months of Supply 3.6
Days on Market 56
Price Drops 39.6%
Sale-to-List Ratio 97.0%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $437K) 14.1%
Days on Market (National: 55) 1.8%
Inventory (National: 1,314,690) 98.6%

vs. Florida Median

Median Price (Florida: $417K) 10.1%
Days on Market (Florida: 77) 27.3%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.

Tampa, FL metro area Market Trends

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Detailed Market Metrics

Median List Price

$400K

Price per Sq Ft

$224

Sale-to-List Ratio

97.0%

Months of Supply

3.6

Sold Above List

13.8%

Price Drops

39.6%

New Listings

6,320

17.4% YoY

Pending Sales

5,969

Off Market in 2 Weeks

29.3%

Analyze a deal in Tampa, FL metro area

Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.

Try It Free

Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.