$3,468 Closing Credit*
$292,000
1,332 SqFt
3 Beds
•1 Full Bath
Anand Ramanujam, Listing Office: VYLLA HOME
Is East Tampa, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, East Tampa was a Seller's Market.
Key Takeaway
East Tampa is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Tampa, FL
How much do homes in East Tampa, FL cost?
Median Sold Price
$289,000
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,000(-0.3%)
Key Takeaway
The sold price of homes in East Tampa has remained the same since last year.
Summary: The median home sold price in East Tampa was $289,000 in October 2024, down 0.3% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $173.5K | $137.5K | -20.7% |
| 2 Bedrooms | $225K | $219K | -2.7% |
| 3 Bedrooms | $299.9K | $305K | +1.7% |
| 4 Bedrooms | $329.4K | $337.5K | +2.5% |
| 5+ Bedrooms | $482.5K | $316.5K | -34.4% |
Summary: East Tampa housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.7%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 34.4%.
Median Sold Price Compared To Nearby Neighborhoods
| East Tampa | $290K | $289K | -0.3% |
| Rainbow Heights | $303.4K | $295K | -2.8% |
| Live Oaks Square | $303K | $270K | -10.9% |
Housing Supply in East Tampa, FL
How many homes are available in East Tampa, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 112 | 119 | +6.3% |
Summary: The East Tampa real estate market had 119 homes for sale in October 2024, a 6.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 77 | 84 | +9.1% |
| 4 Bedrooms | 18 | 21 | +16.7% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The East Tampa housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in East Tampa, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in East Tampa in October 2024, up by 11.1% month-over-month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.
Days on Market for East Tampa, FL
How long does it take to sell a home in East Tampa, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 35 Days | +21.6% |
Summary: Homes in East Tampa had an average of 35 days on market in Oct 2024, up by 21.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in East Tampa are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in East Tampa; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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