Tampa

FL

Florida's value play facing an insurance market reckoning

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Key Market Stats

Last updated: 2026-03

Median Price

$400K

0.0% YoY

Month-over-Month

0.0%

vs. last month

Active Listings

18,093

homes for sale

Months of Supply

3 mo.

Balanced market

Days on Market

66d

median

Cash Buyers

35.1%

of all sales

Median Home Price Trend

Tampa — 24-month rolling

Months of Housing Supply

Tampa — inventory trend

<2 Seller 2–4 Balanced >4 Buyer

AI Market Analysis — Tampa

Tampa has entered the most complex phase of its post-pandemic correction. Home prices, which surged over 60% from 2020 to 2022, are now pulling back modestly as insurance costs — averaging $4,800–6,200/year for a typical Tampa home — erode effective affordability even as list prices fall. Inventory has grown substantially, giving buyers the most leverage they've had since 2019. The condo market in particular is facing additional headwinds from Florida's new structural inspection law requiring milestone inspections and funded reserves, which has pushed HOA fees sharply higher. Single-family homes in inland Hillsborough County and Pasco County represent the best value proposition. Long-term, Tampa's healthcare, finance, and logistics job base remains solid.

Analysis generated from Redfin, FRED, and Census Bureau data. Updated monthly.

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Data sources: Redfin Market Data, U.S. Census Bureau, FRED (Federal Reserve Economic Data), local MLS associations. Statistics represent metro-area medians and are updated monthly. Not financial or investment advice.