$8,978 Closing Credit*
$756,000
2,744 SqFt
5 Beds
•3 Full Baths
Cristy Holt, Listing Office: COMPASS FLORIDA, LLC
Is Port Tampa City, 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, Port Tampa City was a Seller's Market.
Key Takeaway
Port Tampa City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Port Tampa City, FL
How much do homes in Port Tampa City, FL cost?
Median Sold Price
$650,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$57,435(+9.7%)
Key Takeaway
Homes in Port Tampa City have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in Port Tampa City was $650,000 in October 2024, up 9.7% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $297K | $314K | +5.7% |
| 3 Bedrooms | $420K | $420K | 0.0% |
| 4 Bedrooms | $637.9K | $689K | +8.0% |
| 5+ Bedrooms | $686.2K | $822.4K | +19.8% |
Summary: Port Tampa City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 19.8%.
Median Sold Price Compared To Nearby Neighborhoods
| South Tampa | $642K | $727.3K | +13.3% |
| Port Tampa City | $592.5K | $650K | +9.7% |
| Gandy / Sun Bay South | $475K | $451.6K | -4.9% |
Housing Supply in Port Tampa City, FL
How many homes are available in Port Tampa City, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 28 | +7.7% |
Summary: The Port Tampa City real estate market had 28 homes for sale in October 2024, a 7.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 16 | 19 | +18.8% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Port Tampa City 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 decreased by 100%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Port Tampa City, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Port Tampa City in October 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Port Tampa City, FL
How long does it take to sell a home in Port Tampa City, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 33 Days | +3.0% |
Summary: Homes in Port Tampa City had an average of 33 days on market in Oct 2024, up by 3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Port Tampa City are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Port Tampa City; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.