Tampa Housing Market

Home sales rose in June as fewer homes hit the market. At the same time, prices climbed to one of their highest levels in years.

Homebuyers became more active in June, helping push Tampa home sales higher heading into the summer market.

Just over 5,000 homes sold in Tampa last month, up 3.8% from June 2025. That total was higher than several much larger metro areas, including Los Angeles and Seattle. Tampa trailed Philadelphia by only a few hundred sales.

Condo sales contributed to the increase. A wave of new luxury condo towers has been completed in recent months, particularly in downtown Tampa and St. Petersburg. Those buildings attracted higher-income buyers looking for walkable neighborhoods, restaurants, and other nearby amenities.

The number of homes available for sale fell in June. Just over 20,000 homes were on the market last month, down 9% from a year earlier. It was the first time this year that active listings fell below 21,000. Despite the annual decline, inventory remained about 11% above June 2019 levels, indicating that buyers still had more choice than before the pandemic.

Further, new listings were up 4% from this time last year to roughly 6,150, helping replenish some of the homes that buyers absorbed.

Single-family homes saw the biggest drop in inventory. There were 14,205 single-family homes for sale in June, down 10.3% year over year. Homes also sold faster than they did earlier this year. The median time a single-family home spent on the market fell to 61 days in June, down from a peak of 73 days in January.

Home prices continued to move higher across Tampa. The median sale price reached $390,000 in June 2026, up 1.7% from a year ago. Prices have risen annually for seven straight months. June marked only the third time since 2017 that Tampa's median sale price reached or exceeded $390,000.

Still, buyers continued to negotiate discounts. Homes sold for 94% of their asking price on average, one of the lowest sale-to-list ratios among the nation's 40 largest housing markets. Only Miami posted a lower figure.

Condo sellers faced the greatest pressure. Condos sold for just 89% of list price in June, an indication that many condo sellers were willing to cut prices to close deals.

The median home sale price in Tampa increased by 1.7% year over year, while the national median price rose by 1.5%.

Tampa median home prices rose by $6,500 year over year on a nominal basis in June to $390,000. Meanwhile, the national median home price increased by $6,000 to $401,000.

Tampa ranked 30th among the top 40 largest markets in terms of housing prices last month. The Tampa median home price of $390,000 was 2.7% below the national median. Tampa's median home price in June compares to the market's peak of $391,048 recorded in June of 2024.

The median price of Tampa single-family homes rose by $12,000 over the past year to $420,000, while the median townhome price grew by 3.7%, and the median condo price fell by 4.3%.

The number of homes for sale in Tampa decreased by 9.1% in June compared to the same time last year, while national homes for sale rose by 4.2%.

Tampa homes for sale fell by 2,088 year over year in June to 20,965. 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 June.

Tampa homes for sale were above pre-pandemic levels in June. Tampa homes for sale were 10.7% above the June 2019 total of 18,943.

Tampa single-family home sales decreased by 10.3% to 14,205 in June. In comparison, townhomes for sale fell by 9.9% to 2,192, and condos for sale declined by 4.6% to 4,568.

The number of home sales in Tampa increased by 3.8% in June compared to the same time last year, while national home sales rose by 6.1%.

Tampa home sales increased by 185 year over year on a nominal basis in June to 5,015. For context, 4,830 sales closed in Tampa in June 2025.

Tampa ranked 25th for the annual change in home sales among the top 40 U.S. markets in June, on a percentage basis. This year's June increase of 3.8% compares with the 0.4% year-over-year decrease in June 2025.

Tampa single-family sales increased by 0.9% in June to 3,863. In comparison, townhome sales rose by 4.4% to 478, and condo sales rose by 23.7% to 674.

For questions and commentary about this report:

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

Michelle Rumore

Senior Director of Market Analytics

Homes.com

mrumore@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 June 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.