#TB8363647, Maria Sanchez, Listing Office: SIGNATURE REALTY ASSOCIATES
South Tampa Housing Market Report February 2025•Hillsborough County, Florida
Housing Prices in South Tampa, FL
How much do homes in South Tampa, FL cost?
Housing Market Conditions
Is South Tampa, FL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
South Tampa is a Buyer's Market
Difference Since February 2024
At the same time last year, South Tampa was a Seller's Market.
South Tampa is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in South Tampa have sold for 16.8% more than they did a year ago.
Summary: The median home sold price in South Tampa was $751,666 in February 2025, up 16.8% from last year, and the median price per square foot was $393.
Median Sold Price By Neighborhoods
City | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
South Tampa | $643.5K | $751.6K | +16.8% |
Fair Oaks / Manhattan Manor | $310K | $344.9K | +11.3% |
Bayside West | $385K | $398.9K | +3.6% |
Median Sold Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $232K | $235K | +1.3% |
22 Bedrooms | $368.5K | $457.5K | +24.2% |
33 Bedrooms | $595.9K | $649.9K | +9.1% |
44 Bedrooms | $854.8K | $1.0M | +22.8% |
55+ Bedrooms | $1.8M | $1.8M | +2.7% |
Summary: South Tampa housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +1.3%. The home price for 2 bedroom homes increased by +24.2%. The home price for 3 bedroom homes increased by +9.1%. The home price for 4 bedroom homes increased by +22.8%. The home price for 5 bedroom homes increased by +2.7%.
How does South Tampa, FL compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
South Tampa, FL
Housing supply in South Tampa, FL
How many homes are available in South Tampa, FL?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
987Last MonthFeb 2025 | ||
9082 months agoJan 2025 | +8.7 % Change MoMJan – Feb |
Summary: The South Tampa real estate market had 987 homes for sale in Feb 2025, a 8.7 % increase compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
135Last MonthFeb 2025 | ||
1042 months agoJan 2025 | +29.8 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 60 | 66 | +10.0% |
22 Bedrooms | 186 | 198 | +6.5% |
33 Bedrooms | 340 | 365 | +7.4% |
44 Bedrooms | 200 | 217 | +8.5% |
55+ Bedrooms | 122 | 141 | +15.6% |
Summary: South Tampa housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +10.0%. The inventory for 2 bedroom homes increased by +6.5%. The inventory for 3 bedroom homes increased by +7.4%. The inventory for 4 bedroom homes increased by +8.5%. The inventory for 5 bedroom homes increased by +15.6%.
Asking Price vs. Sold Price
How much do homes in South Tampa, FL cost?
Over Asking Price9 Homes
At Asking Price30 Homes
Under Asking Price96 Homes
If you're buying a home in South Tampa, you may be able to get a good deal. 71.1% of homes here sold below asking price last month.
Summary: A total of 135 homes were sold or pending in South Tampa in February 2025, up by 29.8% month-over-month. Of the 135 sold homes, 71% were sold under asking, 22% were sold at asking, and and 7% were sold over asking.
Days on Market for South Tampa, FL
How long does it take to sell a home in South Tampa, FL?
Breakdown of Home Sale Times
Under 30 Days65 Homes
30 – 90 Days40 Homes
Over 90 Days30 Homes
Many homes in South Tampa are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 135 homes were sold in South Tampa; 48% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
59 DaysThis YearFeb 2025 | ||
50 Days1 year agoFeb 2024 | +17.5 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in South Tampa had an average listing age of 59 days in Feb 2025, up by 17.5% compared to the previous year.
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Newest Listings in South Tampa, FL
What homes are available in South Tampa, FL?
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MLS Disclaimers and Copyright
Based on information from Stellar MLS, Miami MLS, Space Coast MLS, and realMLS for the period 03/01/2023 - 03/01/2025

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/26/2025, 11:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/27/2025, 3:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/27/2025, 12:50:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/27/2025, 12:50:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.