Median housing prices reveal range of options across Greater Tampa Bay
For the buyer looking at affordable to the one looking at adventurous, from the beach house bungalow to the urban townhouse, for first-time homeowners to those looking for the perfect retirement spot, Greater Tampa Bay fits the bill.
Anchored by the more densely populated cities of Tampa, Clearwater and St. Petersburg and surrounded by dozens of municipalities, GTB’s housing opportunities appeal to a wide range of people and lifestyles. Find a starter home in an established neighborhood in the heart of Tampa, retreat to rural tranquility in Zephyrhills or make every day a vacation in a beach house in Dunedin or Port Richey.
The perfect home awaits in Tampa Bay, with professionals of all ages enjoying city living, convenience, luxury and walkable commutes. New developments and optimistic job prospects mean affordable housing for those just starting out, while those looking to wind down will find comfort in sleepy seaside communities filled with likeminded neighbors.
Despite GTB being a fast-growing, metropolitan area complete with a thriving economy and blooming with cultural activity, homes are affordable compared to other metropolitan areas in the U.S. Consulting firm PricewaterhouseCoopers ranked the Tampa-St. Petersburg area seventh on its list of Top 10 Real Estate Markets for 2022. Tampa-St. Petersburg ranked second for homebuilding prospects and fifth for overall real estate prospects in PricewaterhouseCoopers’ report.
Tampa-St. Petersburg
- No. 2 — Homebuilding Prospects
- No. 5 — Overall Real Estate Prospects
— U.S. Markets to Watch, Pricewaterhouse Coopers 2022
Median Housing Prices (Sold) According to Realtor.com 2022
- New Port Richey — $302,600
- Lakeland — $328,500
- Spring Hill — $325,000
- Pinellas Park — $329,900
- Clearwater — $349,200
- Largo — $375,000
- Brandon — $370,000
- Plant City — $375,000
- St. Petersburg — $415,000
- Town N’ Country — $400,000
- Temple Terrace — $405,000
- Seminole — $387,500
- Riverview — $410,000
- Tampa — $415,500
- Land O’Lakes — $425,000
- Bradenton — $440,000
- Tarpon Springs — $445,000
- Dunedin — $382,500
- Palm Harbor — $409,500
- Wesley Chapel — $440,000
- Safety Harbor — $626,000
Here are how those rates compare to the median home prices in major cities in the United States:
- San Antonio — $349,500
- Chicago — $370,100
- Dallas — $408,200
- Atlanta — $379,700
- Miami — $589,000
- Denver — $695,800
- Boston — $722,200
- New York — $621,000
- Seattle — $818,900
- Los Angeles — $825,700
— National Association of Realtors 2022
By Ryan Walsh.