$10,000 Closing Credit*
$899,000
3,066 SqFt
4 Beds
•3 Full Baths, 1 Partial
Stephanie Cook, Listing Office: EXP REALTY LLC
Is North Tampa, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$406,525
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$28,273(+7.5%)
Key Takeaway
Homes in North Tampa have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in North Tampa was $406,525 in October 2024, up 7.5% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $163.7K | $152K | -7.2% |
| 2 Bedrooms | $235K | $240.5K | +2.3% |
| 3 Bedrooms | $371.2K | $392.8K | +5.8% |
| 4 Bedrooms | $562.6K | $595K | +5.7% |
| 5+ Bedrooms | $931.4K | $840K | -9.8% |
Summary: North Tampa housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.2%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 9.8%.
Median Sold Price Compared To Nearby Neighborhoods
| University Square | $262.5K | $325K | +23.8% |
| East Forest Hills | $309K | $367.4K | +18.9% |
| North Tampa | $378.2K | $406.5K | +7.5% |
| North Tampa Community | $280K | $283.5K | +1.3% |
| Forest Hills | $398K | $384.2K | -3.5% |
Housing Supply in North Tampa, FL
How many homes are available in North Tampa, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 622 | 579 | -6.9% |
Summary: The North Tampa real estate market had 579 homes for sale in October 2024, a 6.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 21 | 21 | 0.0% |
| 2 Bedrooms | 125 | 133 | +6.4% |
| 3 Bedrooms | 257 | 219 | -14.8% |
| 4 Bedrooms | 165 | 151 | -8.5% |
| 5+ Bedrooms | 54 | 55 | +1.9% |
Summary: The North Tampa housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.4%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes increased by 1.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 121 | 107 | -11.6% |
Asking Price vs. Sold Price
56 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
22 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. 52.3% of homes here sold below asking price last month.
Summary: A total of 107 homes were sold or pending in North Tampa in October 2024, down by 11.6% month-over-month. Of the 107 sold homes, 52% were sold under asking, 27% were sold at asking, and 21% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 45 Days | +91.9% |
Summary: Homes in North Tampa had an average of 45 days on market in Oct 2024, up by 91.9% compared to last year.
Breakdown of Home Sale Times
63 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
20 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 October 2024, 107 homes were sold in North Tampa; 59% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 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.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
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.