North Tampa Housing Market Report December 2024•Hillsborough County, Florida

hero building illustration for mobile

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 Seller's Market

Difference Since December 2023

Since last year, North Tampa has remained a Seller's Market.

Insight

North Tampa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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.
$410,051$250/SqFt
+$29,385
+7.7%

Based on all homes sold in the last 12 months

Insight

Homes in North Tampa have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in North Tampa was $410,051 in December 2024, up 7.7% from last year, and the median price per square foot was $250.

Median Sold Price By City

Median Sold Price By City
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
+8.1%
North Tampa
+7.7%
East Forest Hills
+0.7%
Forest Hills
-1.4%
North Tampa Community
-1.9%

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.
BedsDec 2023Dec 2024Change YoY
1$163.7K$149.9K
-8.5%
2$236K$240K
+1.7%
3$370.8K$395K
+6.5%
4$575K$599.9K
+4.3%
5$947.5K$800K
-15.6%

Summary: North Tampa housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -8.5%. The home price for 2 bedroom homes increased by +1.7%. The home price for 3 bedroom homes increased by +6.5%. The home price for 4 bedroom homes increased by +4.3%. The home price for 5 bedroom homes decreased by -15.6%.

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
545Last MonthDec 2024
5792 months agoNov 2024
-5.9 %
Change MoMNov – Dec

Summary: The North Tampa real estate market had 545 homes for sale in Dec 2024, a 5.9 % decrease compared to Nov 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
111Last MonthDec 2024
1172 months agoNov 2024
-5.1 %
Change MoMNov – Dec

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.
BedsNov 2024Dec 2024Change MoM
11516
+6.7%
2120113
-5.8%
3242223
-7.9%
4149144
-3.4%
55349
-7.5%

Summary: North Tampa housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +6.7%. The inventory for 2 bedroom homes decreased by -5.8%. The inventory for 3 bedroom homes decreased by -7.9%. The inventory for 4 bedroom homes decreased by -3.4%. The inventory for 5 bedroom homes decreased by -7.5%.

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 Price16 Homes

At Asking Price36 Homes

Under Asking Price59 Homes

Insight

If you're buying a home in North Tampa, you may be able to get a good deal. 53.2% of homes here sold below asking price last month.

Summary: A total of 111 homes were sold or pending in North Tampa in December 2024, down by 5.1% month-over-month. Of the 111 sold homes, 53% were sold under asking, 32% were sold at asking, and and 14% 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 Days60 Homes

30 – 90 Days31 Homes

Over 90 Days19 Homes

Insight

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

Summary: During December 2024, 111 homes were sold in North Tampa; 54% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 17% 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
47 DaysThis YearDec 2024
33 Days1 year agoDec 2023
+41.5 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in North Tampa had an average listing age of 47 days in Dec 2024, up by 41.5% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in North Tampa, FL

What homes are available in North Tampa, FL?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in Florida

MLS Disclaimers and Copyright

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

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:49:51 PM 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: 1/17/2025, 11:51:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. 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. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:51:06 PM 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.

Copyright © 2025 Hernando County Association of REALTORS®
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:51:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.