Tampa, Florida
Know what your Tampa home is really worth
Tampa Bay's transformation from port city to tech hub has pushed median sale prices to $769.9K, with a brisk 292-listing market spread across Hyde Park bungalows, Channelside condos, and suburban single-family homes.
Tampa market snapshot
- Median Sale Price
- $770K
- Median Days on Market
- 68 days
- Active Listings
- 292
RentCast market data · Hillsborough County County, Florida
About Tampa, Florida
Tampa ( TAM-pə) is a major city on the Gulf Coast of the U.S. state of Florida and the county seat of Hillsborough County. Tampa's borders include the north shore of Tampa Bay and the east shore of Old Tampa Bay. It is the third-most populous city in Florida (after Jacksonville and Miami), thirteenth-most populous in the Southeast, and 49th-most populous city in the country, with a population of 403,364 at the 2020 census. The Tampa Bay metropolitan area, at over 3.42 million residents, is the second-largest metropolitan area in Florida and 17th-largest in the United States. The Greater Tampa Bay area has over 4 million residents and generally includes the Tampa and Sarasota metro areas.
Tampa's origins can be traced to the establishment of Fort Brooke in 1824, soon after the United States acquired the Florida territory from Spain. The surrounding settlement of Tampa was formally incorporated in 1849 but remained small and isolated until the mid-1880s, when the arrival of Henry B. Plant's railroad and Vicente Martinez Ybor's cigar factories jump-started a period of rapid economic and population growth. "Tampa Town" was reincorporated into the city of Tampa in 1887 and had evolved into a prosperous modern community by the early 20th century.
In the 21st century, Tampa's economy is driven by tourism, health care, finance, insurance, technology, construction, and the maritime industry. The bay's port is the largest in the state, responsible for over $15 billion in economic impact. The city hosts a number of major employers, including Bloomin' Brands, WellCare, and Fortune 500 companies Crown Holdings and The Mosaic Company. Tampa's cultural landscape features the Tampa Museum of Art, Straz Center for the Performing Arts, and the historic Ybor City district, which reflects the city's Cuban and Spanish heritage. The city is also home to prominent educational institutions, including the University of South Florida and University of Tampa. The area's major league professional sports teams include the Tampa Bay Buccaneers (NFL), Tampa Bay Lightning (NHL), and Tampa Bay Rays (MLB). Tampa hosts the headquarters of United States Central Command at MacDill Air Force Base, described as the most important military HQ after the Pentagon.
Tampa by the numbers
Population 393,389 · Median age 35.6 yrs · Census ACS 2023
Median household income
Tampa's median household income of $71,302 compares to $71,711 statewide and $78,538 nationally, per Census ACS 2023 5-year estimates.
Median age (years)
The median age in Tampa is 35.6 yrs, compared to 42.6 yrs for Florida and 38.7 yrs nationally.
Gender split
Tampa is 50.2% male and 49.8% female, per Census ACS estimates.
Population trend — Tampa
Tampa's population grew 1.4% from 2019 to 2023, per Census ACS 5-year estimates.
Source: U.S. Census Bureau, American Community Survey 2023 5-year estimates.
Florida government
Governor
Ron DeSantis
Republican
U.S. Senators
- Moody, Ashley(R)
- Scott, Rick(R)
House Representatives (27)
- Patronis, Jimmy — District 1(R)
- Dunn, Neal P. — District 2(R)
- Cammack, Kat — District 3(R)
- Bean, Aaron — District 4(R)
- Rutherford, John H. — District 5(R)
- Fine, Randy — District 6(R)
- Mills, Cory — District 7(R)
- Haridopolos, Mike — District 8(R)
- Soto, Darren — District 9(D)
- Frost, Maxwell — District 10(D)
- Webster, Daniel — District 11(R)
- Bilirakis, Gus M. — District 12(R)
- Luna, Anna Paulina — District 13(R)
- Castor, Kathy — District 14(D)
- Lee, Laurel M. — District 15(R)
- Buchanan, Vern — District 16(R)
- Steube, W. Gregory — District 17(R)
- Franklin, Scott — District 18(R)
- Donalds, Byron — District 19(R)
- Mast, Brian J. — District 21(R)
- Frankel, Lois — District 22(D)
- Moskowitz, Jared — District 23(D)
- Wilson, Frederica S. — District 24(D)
- Wasserman Schultz, Debbie — District 25(D)
- Diaz-Balart, Mario — District 26(R)
- Salazar, Maria Elvira — District 27(R)
- Gimenez, Carlos A. — District 28(R)
Source: Congress.gov, Wikidata. Federal legislators represent Florida statewide or by congressional district.
Tampa economy
Finance, retail, healthcare, insurance, shipping by air and sea, national defense, professional sports, tourism, and real estate all play vital roles in the area's economy. Hillsborough County alone has an estimated 740,000 employees, a figure which is projected to increase to 922,000 by 2015. Since the year 2000, Tampa has seen a notable upsurge in high-market demand from consumers, signaling more wealth concentrated in the area. In 2021, the U.S. Department of Labor awarded a two-year grant of nearly US$3 million to a program called "Connecting Talent to Careers" led by the Advanced Robotics for Manufacturing Institute and Tooling U-SME to deliver a rapid re-employment program to address a shortage of skilled labor in manufacturing in the region exposed by the COVID-19 pandemic.
Source: Wikipedia article on Tampa under CC BY-SA 4.0.
Climate in Tampa
Monthly climate — Tampa
Source: NOAA Climate Data Online, 1991–2020 climate normals, station GHCND:USC00083153.
Tampa real estate news
Recent news about the Tampa housing market. Source: Google News.
- Tampa’s historic Arthur Milam mansion on Davis Islands is now on the market - Creative Loafing TampaCreative Loafing Tampa·
- Florida real estate bigger part of economy than any other state, report says - Tampa Bay TimesTampa Bay Times·
- Florida Trend Real Estate - Florida TrendFlorida Trend·
- Multigenerational living gains ground in Florida markets - | Florida Realtors| Florida Realtors·
- This $115-million French Normandy Château in Florida features a private spa and a go-kart track. See inside. - Business InsiderBusiness Insider·
Tampa real estate — frequently asked questions
- What is the median home price in Tampa?
- The median home sale price in Tampa, FL is $769,900, based on the most recent available sales data.
- How long do homes stay on the market in Tampa?
- Homes in Tampa sell in a median of 68 days.
- What is the cost of living like in Tampa?
- Tampa has a median household income of $71,302, per U.S. Census Bureau ACS estimates.
- Who lives in Tampa?
- Tampa has a population of 393,389 with a median age of 35.6 years, per U.S. Census Bureau ACS estimates.
- How do I sell my home in Tampa?
- Start with a free, no-obligation home value estimate. Enter your address above and we'll connect you with a licensed local real-estate professional familiar with the Tampa market within 24 hours.
How it works
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ForSaleAmerica.com is an online marketplace and is not a real estate brokerage in Florida. Property valuations shown are automated estimates based on public data and are not appraisals, comparative market analyses, or guarantees of sale price. We connect homeowners with top local agents and partners — we do not represent buyers or sellers.
