United States > Florida > Hillsborough > Tampa

Tampa Florida Housing Market Overview

The Tampa real estate market shows robust activity, with current median home prices around $450,000. Homes typically spend about 44 days on the market before closing. Recent data indicate that while 14.2% of properties sell above list price, sellers generally receive offers around 3% below their asking price. Notable market indicators include a sale-to-list price ratio of 96.9% and a 33% rate of homes experiencing price adjustments. The overall cost of living in Tampa sits 3% below the national average. Factors such as extreme weather risks, including flood risk affecting 45% of properties, significantly influence buying decisions across the region’s neighborhoods, including historic Hyde Park and emerging areas like Tampa Heights. The consistent demand for housing in these areas, coupled with limited inventory, contributes to the competitive nature of the market.

Why now is a good time to sell your property in Tampa Florida

We serve throughout Tampa, including historic Hyde Park, Seminole Heights, and other neighborhoods. Our understanding of local market conditions enables our network to make competitive cash offers for all property types, whether they need extensive repairs or are move-in ready. Our knowledge spans Hillsborough, Pinellas, and Pasco counties, facilitating fair offers within 72 hours and ensuring quick closings, providing Tampa homeowners a hassle-free selling experience.

Experience a Better Way to Sell Your Tampa Home

Benefits of Owner Advocate

Benefits of Owner Advocate
The process includes a brief consultation to understand your needs, followed by a property evaluation using current Tampa market data, then a firm cash offer within 72 hours — no hidden fees involved. Closing can be as fast as 10 days, providing homeowners with timely relief. At Owner Advocate, we connect Tampa homeowners with our network of buyers who are ready to make competitive offers on properties in all conditions. Whether your home is in Hyde Park, Seminole Heights, or any neighborhood in the area, expect a transparent transaction focused on your needs. No repairs, no cleaning, no waiting — just a straightforward path to selling your home.
$450,000
Median Sale Price
96.9%
List Price to Sale Price Ratio
44
Median Days on Market
$290
Price Per Square Foot
14.2%
Percent of Sales Over List Price
33.0%
Percent of Listings with Price Cuts
332
Number of Homes Sold (Month)
5%
National Price Comparison
-3%
Cost of Living vs National
(Metrics from Redfin)
How does this data help me?
The Owner Advocate displays market data by showing market changes in locations across the USA
City Map
Tampa Key Takeaways
Median Sale Price:
$450,000
Scottsdale housing market is changing
$450,000
The average home value is $450,000 and goes to pending in around 44 days.
44
Average Days on Market
on average for MLS listed homes
Don't wait!
Now is a great time to sell your home.
Get the best cash offer for your property
Your home has more value than you might expect.

Why now is a good time to sell your property in Tampa Florida?

Life’s unexpected turns often create urgent situations where Tampa homeowners need a quick property sale. Whether facing job relocation, managing financial pressures, or handling an inherited property, many seek faster alternatives to traditional selling methods. Common scenarios include divorcing couples needing prompt asset division, homeowners facing foreclosure requiring quick resolution, and those with immediate relocation needs. Some inherit properties they can’t maintain, particularly in historic neighborhoods like Hyde Park, where older homes often require significant updates and repairs. Others face urgent financial challenges that necessitate quick access to home equity. A fast home sale can provide the flexibility and fresh start one needs, without the prolonged waiting periods characteristic of traditional sales approaches.

Frequently Asked Questions About Selling Your Tampa Home

Q: How quickly can you close?

A: As fast as 10 days, or on your preferred timeline; you’ll receive a firm offer within 72 hours.

Get Top Dollar for your Home

Ready to sell your Tampa home quickly and easily? Owner Advocate connects you with our network of buyers offering a stress-free alternative to traditional home sales. Get a firm cash offer within 72 hours and close in as little as 10 days. No matter your property’s condition or location in Tampa Bay, we provide personalized solutions tailored to your unique situation. Skip the repairs, cleaning, and commissions — choose a straightforward sale on your timeline. Request your no-obligation cash offer today and join countless satisfied Tampa homeowners who have discovered a better way to sell.
Why Choose Us:
  • Receive guidance throughout the selling process
  • Enjoy a transparent transaction with no hidden fees
  • Gain access to our dedicated network of qualified buyers
  • Experience the benefits of a quick and efficient sale