North Tampa Housing Market Report January 2025•Hillsborough County, Florida

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Housing Prices in North Tampa, FL

How much do homes in North Tampa, FL cost?

Housing Market Conditions

Is North Tampa, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

North Tampa is a Neutral Market

Difference Since January 2024

At the same time last year, North Tampa was a Seller's Market.

Insight

North Tampa is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$410,000$250/SqFt
+$25,000
+6.5%

Based on all homes sold in the last 12 months

Insight

Homes in North Tampa have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in North Tampa was $410,000 in January 2025, up 6.5% from last year, and the median price per square foot was $250.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
University Square
+7.3%
North Tampa
+6.5%
Forest Hills
-0.6%
North Tampa Community
-1.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$160K$152.2K
-4.8%
2$235.2K$240K
+2.0%
3$375K$395K
+5.4%
4$585K$599.9K
+2.6%
5$945K$799K
-15.4%

Summary: North Tampa housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -4.8%. The home price for 2 bedroom homes increased by +2.0%. The home price for 3 bedroom homes increased by +5.4%. The home price for 4 bedroom homes increased by +2.6%. The home price for 5 bedroom homes decreased by -15.4%.

Housing supply in North Tampa, FL

How many homes are available in North Tampa, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
566Last MonthJan 2025
5462 months agoDec 2024
+3.7 %
Change MoMDec – Jan

Summary: The North Tampa real estate market had 566 homes for sale in Jan 2025, a 3.7 % increase compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
87Last MonthJan 2025
1192 months agoDec 2024
-26.9 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
3223215
-3.6%
55358
+9.4%
11321
+61.5%
2117128
+9.4%
4140144
+2.9%

Summary: North Tampa housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 3 bedroom homes decreased by -3.6%. The inventory for 5 bedroom homes increased by +9.4%. The inventory for 1 bedroom homes increased by +61.5%. The inventory for 2 bedroom homes increased by +9.4%. The inventory for 4 bedroom homes increased by +2.9%.

Asking Price vs. Sold Price

How much do homes in North Tampa, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price24 Homes

At Asking Price22 Homes

Under Asking Price41 Homes

Insight

If you're buying a home in North Tampa, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.

Summary: A total of 87 homes were sold or pending in North Tampa in January 2025, down by 26.9% month-over-month. Of the 87 sold homes, 47% were sold under asking, 25% were sold at asking, and and 28% were sold over asking.

Days on Market for North Tampa, FL

How long does it take to sell a home in North Tampa, FL?

Breakdown of Home Sale Times

Under 30 Days46 Homes

30 – 90 Days22 Homes

Over 90 Days19 Homes

Insight

Many homes in North Tampa are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 87 homes were sold in North Tampa; 53% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
48 DaysThis YearJan 2025
36 Days1 year agoJan 2024
+31.5 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in North Tampa had an average listing age of 48 days in Jan 2025, up by 31.5% compared to the previous year.

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Newest Listings in North Tampa, FL

What homes are available in North Tampa, FL?

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Based on information from Stellar MLS, Miami MLS, realMLS, Beaches MLS, and Hernando County Information Services MLS for the period 02/01/2023 - 02/01/2025

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Last updated on: 2/22/2025, 10:19:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 2/22/2025, 10:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by other brokerage firms are marked with the listing broker's name and detailed information about such listings. Data provided is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 10:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The information contained herein has been provided by by Hernando County Association of REALTORS®. This information is from sources deemed reliable but not guaranteed. The information is for consumers' personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. The information contained in this web site is believed to be reliable and while every effort is made to assure that the information is as accurate as possible, the owner of this site disclaims any implied warranty or representation about it's accuracy, completeness or appropriateness for any particular purpose. This includes but is not limited to information provided by any third party which is accessed through this site via a hyperlink. Those persons who access this information assume full responsibility for the use of said information and understand and agree that the owner of this site named above not responsible or liable for any claim, loss or damage arising from the use of any information contained in this site. Any reference to specific products, companies or services does not necessarily constitute or imply recommendation or endorsement by the owner of this site.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 10:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.