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Tampa Housing Market

By Lisa McNatt

Diverging trends are shaping the Tampa housing market

Home prices in Tampa grew by 1.8% over the past year, through April 2026, while the inventory of homes for sale decreased. Townhomes saw the largest year-over-year declines in both median price and active listings.

Condo sales surge as single-family and townhome demand declines

The housing market in Tampa is bifurcated as of April 2026, with meaningful year-over-year declines in single-family and townhome sales, while condo sales are up 24% year over year. But even the condo market is split between strong demand for luxury waterfront units and rising inventory within older properties where demand is weaker. High-end developments in the urban cores of both Tampa and St Petersburg are attracting affluent buyers who value walkability and access to amenities and services.

Active listings in Tampa place the market seventh out of the top 40 in the US

Active listings across the Tampa market fell by 7.5% year over year to 22,327 as of April 2026, compared with a 6.3% increase nationally, knocking Tampa down one spot to seventh out of the 40 largest housing markets in the nation.

New listings declined by 9.6% year over year as of April 2026, though volume still ranked Tampa among the top 12 markets. Single‑family new listings fell 11.1%, while townhome listings dropped 15.0%. Condos were the only segment that saw an increase in new listings, up 4.1%.

Single-family homes lead pricing gains, while townhomes prices decline by 3.8%

The median home price in Tampa increased by 1.8% year over year as of April 2026 to $379,850, ranking it in the bottom half of the top 40 largest U.S. markets for annual change. That marked the fifth month in a row of year-over-year pricing gains, though performance remains uneven across housing types. Single-family home prices were up 2.5% to a median price of $399,900, and condos rose by 1.8% to $225,000. Townhomes saw the biggest year-over-year pricing decline of 3.8% to $297,990.

The decline in townhome sales reflects a combination of oversupply in suburban submarkets, where some developers are offering incentives individual sellers cannot match, and rising ownership costs that are placing added pressure on monthly affordability.


Inset chart showing the median sale price, number of active listings, and monthly home sales as of April 2026.
The median sale price in Tampa has risen 1.8% year over year as of April 2026 to $379,850 while active listings and home sales declined over the same period.


Tampa Sale Prices

The median home sale price in Tampa increased by 1.8% compared to the same time last year, while the national median price rose by 1.7%.

Tampa ranks 12th for annual median price change among the top 40 US markets

Tampa median home prices rose by $6,860 year over year on a nominal basis in April to $379,850. Meanwhile, the national median home price increased by $6,500 to $390,000.

Tampa's median home price is below the nation's

Tampa was the 29th highest-priced housing market among the top 40 largest markets last month. The Tampa median home price of $379,850 was 2.6% below the national median home price. Tampa's median home price in April compares to the market's peak of $391,048 recorded in June of 2024.

Tampa single-family prices increase

The median price of Tampa single-family homes rose $9,900 over the past year to $399,900, while the median townhome price declined 3.8%, and the median condo price rose 1.8%.


Comparison chart showing Tampa's median sale price of $379,850 is up 1.8% year over year as of April 2026 compared to the U.S. median price of $390,000, up 1.7%.
Tampa’s median home price reached approximately $379,850 in the latest period, slightly below the U.S. median of $390,000, with modest 1.8% annual growth and a 29th-place ranking among the top 40 markets.


Line chart of Tampa home prices from 2018 to 2026, showing a peak in 2025 with a recent level of $379,850, below the U.S. average.
Tampa’s median home price reached approximately $379,850 in the latest period, slightly below the U.S. median of $390,000.


Area chart of Tampa annual price growth rates from 2018 to 2026, showing a surge above 20% followed by a flat recent performance.
Price appreciation in Tampa has decelerated sharply, with annual growth turning negative to slightly positive in the most recent period after exceeding 20% earlier in the cycle.


Bar chart of Tampa April price growth rates, 2018–2026, showing 1.8% recent increase after large earlier spikes.
Annual price growth in April measured 1.8% most recently, marking a subdued rebound compared to earlier gains that exceeded 20% during the pandemic-era surge.


Bar chart ranking U.S. home prices with Tampa around $379,850, positioned in lower third of top 40 markets.
Tampa’s median sale price of about $379,850 ranked near the lower third of the top 40 U.S. markets, below peers like Miami and well behind high-cost coastal metros.


Bar chart of U.S. home price growth rates, Tampa at 1.8%, ranking near the bottom among major markets.
Tampa’s 1.8% annual price growth ranked near the bottom tier of major U.S. metros, reflecting weaker appreciation than many of its peers.


Bar charts of Tampa home prices and growth by type, showing single-family homes highest at $399,900 with modest growth of 1.8% in condos and a decline of 3.8% in townhomes.
Single-family homes led Tampa pricing at roughly $399,900 with 2.5% growth, while townhomes declined by 3.8% and condos posted modest 1.8% gains.


Two horizontal bar charts show Tampa sale prices and annual change; single-family at $399,900, townhomes at $345,000, and condos at $225,000, with townhomes the only segment to see a year-over-year decline.
Tampa sale prices were highest for single-family homes at $399,900, while condos rose by 1.8% and townhomes saw prices fall by 3.8%.


Tampa Inventory

The number of active listings in Tampa decreased by 7.5% in April compared to the same time last year, while national active listings rose by 6.3%.

Tampa‘s inventory of homes for sale decreases

Tampa active listings fell by 1,813 year over year in April to 22,327 active listings. Tampa ranked 37th, on a percentage basis, for the annual change in the number of homes for sale among the top 40 U.S. markets in April.

Tampa active listings are above their pre-pandemic levels

Tampa active listings were above their pre-pandemic levels in the month of April. Tampa active listings were 10.5% above the April 2019 total of 20,213.

Tampa single-family inventory decreases

Tampa single-family active listings decreased by 8.8% to 15,218 in April. In comparison, townhome active listings fell by 9.6% to 2,639, and condo active listings declined by 1.3% to 4,470.


Bar chart showing Tampa active listings declining to 22,327 by April 2026, ranking seventh nationally.
Tampa recorded 22,327 active listings in the latest period, which ranked seventh among the top 40 U.S. markets. Inventory declined 7.5% year over year, placing the market near the bottom tier of markets for inventory growth.


Column chart of Tampa active listings from 2018 to 2026, showing 22,327 listings and a recent decline of 7.5%.
Tampa recorded a net decrease of roughly 1,800 active listings year over year.


Area chart of Tampa listing growth from 2018 to 2026, showing a shift from strong gains to a recent decline of 7.5%.
Tampa inventory declined by 7.5% year over year, reversing earlier double-digit gains.


Bar chart of Tampa April listing growth rates from 2018 to 2026 showing a drop of 7.5% after strong prior increases.
April inventory declined 7.5% year over year, marking a reversal from earlier gains exceeding 40% and indicating softening supply momentum.


Bar chart ranking U.S. markets by listings, with Tampa ranking in the upper tier but below the largest metros.
With 22,327 listings, Tampa ranked among the top markets nationally for inventory levels, trailing larger metros like Houston, Dallas-Fort Worth, and Atlanta but exceeding many peers.


U.S. bar chart of listing growth rates showing Tampa declining by 7.5% and ranking among the weakest markets compared to peers.
Tampa’s year-over-year decline of 7.5% ranked near the bottom of major U.S. markets, reflecting weaker inventory growth relative to peers posting strong double-digit increases.


Bar charts of Tampa listings by type, showing single-family highest at 15,218 with all segments declining year over year.
Single-family homes dominated inventory at 15,218 listings, followed by condos at 4,470 and townhomes at 2,639, with all segments posting annual declines.


Two horizontal bar charts show Tampa active listings and annual change, with townhomes having the biggest decline at 9.6%.
The number of active listings in Tampa tightened across every segment year over year, led by a drop of 9.6% in townhome listings.


Tampa Home Sales

The number of home sales in Tampa decreased by 3.6% in April compared to the same time last year, while national home sales rose by 0.6%.

Tampa home sales decrease

Tampa home sales declined by 176 year over year on a nominal basis in April to 4,717. For context, 4,893 sales closed in Tampa in April 2025.

Tampa's annual home sales activity change ranks 30th nationally

Tampa ranked 30th for the annual change in home sales out of the top 40 U.S. markets in April on a percentage basis. This year's April decrease of 3.6% compares to the 9.2% year over year decrease in April 2025.

Single-family sales in Tampa are lower than a year ago

Tampa single-family sales decreased by 5.7% in April to 3,643. In comparison, townhome sales fell by 16.3% to 417, and condo sales rose by 24.0% to 657.


Bar chart showing annual change in Tampa home sales, with 176 fewer sales year over year compared with April 2026.
Tampa recorded a net decline of 176 home sales year over year and ranking in the lower tier of the nation's largest markets for sales growth.


Line chart of Tampa home sales from 2018 to 2026, showing 4,717 sales and recent 3.6% decline, with the market still ranking in the top 10 largest markets for home sales.
Tampa recorded 4,717 home sales in the latest period, which ranked seventh among the top 40 U.S. markets, though sales declined 3.6% year over year. That placed the market near the lower tier for sales growth.


Area chart of Tampa home sales growth from 2018 to 2026, showing a recent 3.6% decline versus modest U.S. growth.
Year-over-year sales fell 3.6%, marking continued softness after earlier swings, as Tampa underperformed the U.S. average growth rate of 0.6%.


Bar chart of Tampa April sales growth from 2018 to 2026, showing a recent drop of 3.6% after previous volatility.
April sales declined 3.6% year over year, extending a pattern of negative to modest growth following earlier volatility, including a 49.7% spike during the pandemic surge.


Bar chart ranking U.S. home sales with Tampa at 4,717, positioned in the mid-to-upper tier of top U.S. markets but below largest metros.
With 4,717 home sales, Tampa ranked among the top largest U.S. markets for transaction volume but trails major metros like Chicago, Dallas-Fort Worth, and Houston.


Bar chart of U.S. sales growth rates showing a decline of 3.6% in Tampa, ranking it among the weaker-performing markets nationally.
Tampa’s 3.6% decline places it in the lower tier of major U.S. markets, underperforming many metros that continue to post positive sales growth.


Bar charts of Tampa home sales by type, showing single-family leading, condos rising, and townhomes declining sharply.
Single-family homes dominated Tampa sales at 3,643 transactions, while condos posted a 24% increase and townhomes fell sharply by 16.3%.


Bar charts show Tampa home sales by type and annual change, indicating a sharp rate of annual growth in condo sales alongside declines in both single-family homes and townhomes.
Single-family homes and townhomes saw a year-over-year decline in sales, while condos saw significant growth of 24%.


For questions and commentary about this report:

Lisa McNatt, Senior Director of Market Analytics at CoStar and Homes.com, based in Orlando, is available for interviews to provide expert insights on this data and the broader residential real estate market.

Lisa McNatt

Senior Director of Market Analytics

Homes.com

lmcnatt@costar.com

Homes.com releases preliminary figures on housing trends on a monthly basis. Although these numbers may change slightly once all transactions are accounted for, they provide an early indication of home price appreciation, inventory changes, and sales volume in Tampa during April 2026.

For most markets, geographical coverage consists of the Census-defined Core-Based Statistical Area (CBSA). Data for San Francisco, Los Angeles, Miami, and New York is at the Metropolitan Division level.

Definition of Sale Prices

Median home price is the midpoint sale price of homes closed during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Inventory

Inventory is the number of unique active listings that were for sale during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Home Sales

The total number of closed home sales on the MLS during the month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

About the Homes.com Market Analytics Team

The Homes.com Market Analytics group is a team of experienced analysts embedded in nearly 30 markets across North America. These experts reside in and regularly visit the markets they cover, providing local expertise and a national perspective on all sectors of real estate: residential, office, industrial, retail, and multifamily.

About Homes.com Analytics Data

The Homes.com analytic data is compiled by the CoStar Analytics team, the largest and most experienced analytics team in the real estate industry. The team consists of over 50 economists, analysts, and data scientists, who collectively have more than 900 years of real estate experience and over 30 advanced degrees. Analysts on the team live in and around the markets they cover, enabling them to build deep local knowledge and unique insights.

The data set being used by the team is one of the most comprehensive and robust in the industry. It spans all 393 metropolitan markets, 542 micropolitan markets, and over 35,000 local neighborhoods in the U.S. The data set is sourced from almost 500 Multiple Listing Service (MLS) providers around the country, as well as public record data from each market, and is supplemented by proprietary data collected by CoStar's team of over 2,000 researchers. It includes a complete inventory of all homes in the U.S., including homes for sale, homes for rent, new construction homes, as well as sale comps and rent comps.

Writer
Lisa McNatt

Lisa McNatt is the Senior Director of Market Analytics for CoStar and Homes.com for the Central and North Florida markets. She provides insights into home prices, inventory levels, rental conditions, and economic factors shaping the housing market. Before joining CoStar, Lisa developed and led the research department for Avison Young’s Florida operations and has a deep breadth of experience analyzing market conditions across the state. Lisa earned a Bachelor of Arts in International Studies from the University of South Florida in Tampa and is a frequent media contributor and thought leader in the Orlando market. Her work has appeared in Real Estate Forum, Southeast Real Estate Business, Orlando Business Journal, and Orlando Sentinel, among others.

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