Is North Tampa Community, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Tampa Community is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, North Tampa Community has remained a Seller's Market.

Key Takeaway

North Tampa Community is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in North Tampa Community, FL

How much do homes in North Tampa Community, FL cost?

Median Sold Price

$280,000

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$8,500(-2.9%)

Key Takeaway

Homes in North Tampa Community have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in North Tampa Community was $280,000 in November 2024, down 2.9% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$97.1K
N/A
2 $212.5K$235K
+10.6%
3 $296.5K$283.5K
-4.4%
4 $289.2K$315K
+8.9%
5+ $340K$272.5K
-19.9%

Summary: North Tampa Community housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.6%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 19.9%.

Median Sold Price Compared To Nearby Neighborhoods

University Square
+12.1%
North Tampa
+7.2%
North Tampa Community
-2.9%

Housing Supply in North Tampa Community, FL

How many homes are available in North Tampa Community, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3027-10.0%

Summary: The North Tampa Community real estate market had 27 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 65
-16.7%
3 1817
-5.6%
4 33
0.0%
5+ 10
-100.0%

Summary: The North Tampa Community 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 decreased by 16.7%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Tampa Community, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in North Tampa Community in November 2024, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for North Tampa Community, FL

How long does it take to sell a home in North Tampa Community, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
16 Days47 Days+188.3%

Summary: Homes in North Tampa Community had an average of 47 days on market in Nov 2024, up by 188.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Tampa Community are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in North Tampa Community; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in North Tampa Community, FL

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