Tampa housing market

Strong buyer's marketTampa, FL metro areaData through Sep 2026
Typical home value
$357K
▼ 0.9% 1 yr
Typical rent
$1,991/mo
▲ 0.5% 1 yr
12-month forecast
−1.7%
#533 of 546 metros
Gross rent yield
6.7%
#164 of 546 · U.S. 6.3%
Days to pending
73 days
▲ +1 day 1 yr
Listings with a price cut
31%
▼ −0.4 pts 1 yr

Key takeaways

  • 1The typical home is worth $356,843, down 0.9% in a year and up 16% over five years.
  • 2Zillow forecasts home values falling 1.7% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,991/mo (+0.5% YoY), a 6.7% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,961/mo in principal and interest, $30 less than renting.
  • 5Homes go under contract in 73 days (+1 day vs last year); 31% of listings have had a price cut.
Market temperature
Strong buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 27/100, #478 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $357K
$200K$258K$317K$376K2016201920222025
Typical monthly rent
Latest $1,991
$1,189$1,442$1,694$1,9472016201920222025

How fast homes are selling

Days to go under contract
Latest 73
1737577720182020202220242026
Share of listings with a price cut
Latest 31.3%
12.8%20.0%27.2%34.4%20182020202220242026
Homes for sale vs new listings
Latest 21,727
For saleNew listings
5,13311,14617,15823,17120182020202220242026
Share of homes sold above list price
Latest 14.4%
14.3%27.8%41.4%54.9%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $105K
To buy (20% down)To rent
$47K$68K$88K$109K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Tampa compares

MeasureTampaUnited StatesRank of 546
Home value, 1-yr change−0.9%+1.2%#495
Home value, 5-yr change+15.8%+19.7%
12-month forecast−1.7%+1.1%#533
Rent, 1-yr change+0.5%+2.7%#509
Gross rent yield6.7%6.3%#164
Price-to-rent ratio14.915.8
Mortgage P&I on typical home$1,961$2,012
Income needed to buy$105,041$100,902
Days to pending7356

Cities in the Tampa metro

37 cities with home value and rent data.

Tampa$376K▲ 0.4%$1,930▼ 0.7%6.2%
Saint Petersburg$352K▲ 0.1%$2,039▲ 2.7%7.0%
Clearwater$341K▲ 0.4%$1,975▲ 0.7%7.0%
Riverview$363K▼ 2.4%$2,106■ 0.0%7.0%
New Port Richey$287K▼ 1.0%$1,790▲ 0.1%7.5%
Spring Hill$303K▼ 1.9%$1,858▲ 0.1%7.4%
Largo$336K▲ 1.3%$1,754▼ 1.6%6.3%
Brandon$353K▼ 0.4%$1,729▼ 0.5%5.9%
Wesley Chapel$398K▼ 2.5%$2,209▼ 0.2%6.7%
Plant City$338K▼ 1.0%$1,766▼ 3.4%6.3%
Land O Lakes$415K▼ 2.4%$2,255▼ 0.3%6.5%
Palm Harbor$402K▼ 0.3%$1,961▲ 0.2%5.9%
Lutz$486K▼ 0.2%$2,046▲ 1.6%5.0%
Valrico$413K▼ 1.5%$2,536▲ 3.0%7.4%
Zephyrhills$303K▼ 2.2%$1,777▲ 0.2%7.0%
Seminole$385K▲ 1.1%$2,228▲ 1.0%6.9%
Pinellas Park$301K▼ 0.5%$2,077▲ 0.7%8.3%
Port Richey$226K▼ 0.2%$1,681■ 0.0%8.9%
Brooksville$306K▼ 1.6%$1,619▲ 1.2%6.4%
Hudson$286K▼ 1.5%$1,843▲ 5.1%7.7%
Tarpon Springs$387K▼ 0.5%$2,002▲ 4.4%6.2%
Dunedin$411K▲ 2.3%$2,050▲ 5.1%6.0%
Ruskin$310K▼ 3.0%$2,221▲ 2.2%8.6%
Holiday$218K▼ 1.6%$1,724▼ 1.3%9.5%
Temple Terrace$324K■ 0.0%$1,737▼ 2.2%6.4%
Citrus Park$422K▲ 0.3%$2,061▼ 1.3%5.9%
Odessa$685K▲ 0.4%$2,031▲ 1.2%3.6%
Seffner$351K▼ 0.4%$2,197▲ 2.0%7.5%
Wimauma$344K▼ 4.2%$2,297▲ 1.6%8.0%
Sun City Center$269K▼ 5.4%$2,156▲ 0.7%9.6%
Westchase$551K▼ 0.6%$2,161▼ 0.9%4.7%
Greater Northdale$448K▲ 0.6%$1,791▲ 1.2%4.8%
Apollo Beach$440K▼ 2.2%$2,222▲ 6.2%6.1%
Dade City$334K▼ 1.6%$1,676▲ 1.5%6.0%
Oldsmar$358K▼ 2.2%$2,015▼ 0.5%6.8%
Gibsonton$315K▼ 2.5%$2,278▲ 4.1%8.7%
Gulfport$348K▼ 1.7%$2,045▲ 2.9%7.0%

Run the numbers

Renting out a property in Florida? See deposit limits, late fee rules and notice periods.

Other Florida metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.