$5,936 Closing Credit*
$499,900
1,667 SqFt
3 Beds
•2 Full Baths
Javier Medina, Listing Office: WEICHERT REALTORS EXCLUSIVE PROPERTIES
Is North Tampa, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, North Tampa has remained a Seller's Market.
Key Takeaway
North Tampa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Tampa, FL
How much do homes in North Tampa, FL cost?
Median Sold Price
$406,971
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$27,284(+7.2%)
Key Takeaway
Homes in North Tampa have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in North Tampa was $406,971 in November 2024, up 7.2% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $150.9K | -8.5% |
| 2 Bedrooms | $235K | $240.5K | +2.3% |
| 3 Bedrooms | $370K | $393.9K | +6.5% |
| 4 Bedrooms | $575K | $595K | +3.5% |
| 5+ Bedrooms | $950.9K | $800K | -15.9% |
Summary: North Tampa housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.5%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 15.9%.
Median Sold Price Compared To Nearby Neighborhoods
| University Square | $284.5K | $319K | +12.1% |
| North Tampa | $379.6K | $406.9K | +7.2% |
| East Forest Hills | $349K | $350K | 0.3% |
| Forest Hills | $397.5K | $388.5K | -2.3% |
| North Tampa Community | $288.5K | $280K | -2.9% |
Housing Supply in North Tampa, FL
How many homes are available in North Tampa, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 584 | 581 | -0.5% |
Summary: The North Tampa real estate market had 581 homes for sale in November 2024, a 0.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 21 | 18 | -14.3% |
| 2 Bedrooms | 129 | 137 | +6.2% |
| 3 Bedrooms | 233 | 234 | 0.4% |
| 4 Bedrooms | 149 | 139 | -6.7% |
| 5+ Bedrooms | 52 | 53 | +1.9% |
Summary: The North Tampa housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 1.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 119 | 114 | -4.2% |
Asking Price vs. Sold Price
70 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Tampa, you may be able to get a good deal. 61.4% of homes here sold below asking price last month.
Summary: A total of 114 homes were sold or pending in North Tampa in November 2024, down by 4.2% month-over-month. Of the 114 sold homes, 61% were sold under asking, 16% were sold at asking, and 23% were sold over asking.
Days on Market for North Tampa, FL
How long does it take to sell a home in North Tampa, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 40 Days | +37.2% |
Summary: Homes in North Tampa had an average of 40 days on market in Nov 2024, up by 37.2% compared to last year.
Breakdown of Home Sale Times
66 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Tampa are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 114 homes were sold in North Tampa; 58% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright © 2024 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.