$3,918 Closing Credit*
$329,900
1,280 SqFt
2 Beds
•2 Full Baths
Debbie Goodwin, Listing Office: KELLER WILLIAMS REALTY- PALM H
Is Tarpon Springs, 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, Tarpon Springs was a Seller's Market.
Key Takeaway
Tarpon Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tarpon Springs, FL
How much do homes in Tarpon Springs, FL cost?
Median Sold Price
$452,500
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$36,876(+8.9%)
Key Takeaway
Homes in Tarpon Springs have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Tarpon Springs was $452,500 in October 2024, up 8.9% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $149.4K | $150K | 0.4% |
| 2 Bedrooms | $268.5K | $250K | -6.9% |
| 3 Bedrooms | $459K | $450K | -2.0% |
| 4 Bedrooms | $628.8K | $640K | +1.8% |
| 5+ Bedrooms | $1.0M | $1.0M | -1.8% |
Summary: Tarpon Springs housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.4%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 1.8%.
Median Sold Price Compared To Nearby Cities
| Tarpon Springs | $415.6K | $452.5K | +8.9% |
| Palm Harbor | $409.4K | $440.6K | +7.6% |
Housing Supply in Tarpon Springs, FL
How many homes are available in Tarpon Springs, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 320 | 322 | +0.6% |
Summary: The Tarpon Springs real estate market had 322 homes for sale in October 2024, a 0.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 8 | +33.3% |
| 2 Bedrooms | 90 | 101 | +12.2% |
| 3 Bedrooms | 119 | 111 | -6.7% |
| 4 Bedrooms | 80 | 77 | -3.8% |
| 5+ Bedrooms | 25 | 25 | 0.0% |
Summary: The Tarpon Springs housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 12.2%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 37 | +5.7% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tarpon Springs, you may be able to get a good deal. 81.1% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Tarpon Springs in October 2024, up by 5.7% month-over-month. Of the 37 sold homes, 81% were sold under asking, 14% were sold at asking, and 5% were sold over asking.
Days on Market for Tarpon Springs, FL
How long does it take to sell a home in Tarpon Springs, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 39 Days | 58 Days | +48.4% |
Summary: Homes in Tarpon Springs had an average of 58 days on market in Oct 2024, up by 48.4% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tarpon Springs are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 37 homes were sold in Tarpon Springs; 51% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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