$3,918 Closing Credit*
$329,900
1,104 SqFt
3 Beds
•2 Full Baths
Lukas Vanagaitis, Listing Office: STAR BAY REALTY CORP.
Is East Tampa, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$285,000
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,000(-1.7%)
Key Takeaway
Homes in East Tampa have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in East Tampa was $285,000 in November 2024, down 1.7% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $173.5K | $137.5K | -20.7% |
| 2 Bedrooms | $226K | $219K | -3.1% |
| 3 Bedrooms | $300K | $305K | +1.7% |
| 4 Bedrooms | $327.2K | $330.5K | +1.0% |
| 5+ Bedrooms | $482.5K | $316.5K | -34.4% |
Summary: East Tampa housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.7%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 34.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Eastern Heights | $250K | $316K | +26.4% |
| East Tampa | $290K | $285K | -1.7% |
| Rainbow Heights | $303.4K | $295K | -2.8% |
Housing Supply in East Tampa, FL
How many homes are available in East Tampa, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 112 | 123 | +9.8% |
Summary: The East Tampa real estate market had 123 homes for sale in November 2024, a 9.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 13 | +30.0% |
| 3 Bedrooms | 79 | 85 | +7.6% |
| 4 Bedrooms | 19 | 20 | +5.3% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The East Tampa housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Tampa, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in East Tampa in November 2024, up by 18.2% month-over-month. Of the 13 sold homes, 54% were sold under asking, 31% were sold at asking, and 15% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 31 Days | +4.2% |
Summary: Homes in East Tampa had an average of 31 days on market in Nov 2024, up by 4.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 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 November 2024, 13 homes were sold in East Tampa; 62% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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