Florida has always been a popular state to travel to, retire in or enjoy sunny living all year round. After last year’s pandemic left people craving carefree days and fun activities, cities like Tampa are seeing an increase in travelers as well as buyers. With a lower cost of living than many parts of the country and access to a dozen beaches on the Gulf Coast, more and more people are deciding to make this city their permanent home.
Current Tampa Market Conditions
- Median home and rental prices have seen a steady increase in recent years.
- Although construction prices are up 8%, builder sentiment and construction jobs continue to rise.
- There has been an increase of 1,200 households in this market year-over-year.
Buying a House in Tampa
Tampa Home Prices
Tampa median home value: $295,000
National average: $371,000
Home prices in Tampa have seen an impressive increase in the past 5 years. In 2016, the median home price…