Is Tampa, FL 33611 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Tampa is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score34/ 100

More competitive than 32% of U.S. ZIP codes, and #118 of 796 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4Under 4 months = seller’s market
Sold above original list10%Share of sales, last 3 months
Median sale-to-list97.4%Sold price ÷ list price
Median days on market30Listing to accepted offer
Median price per sq ft$368▲ +13.8% vs. last year

The Tampa housing market right now

In the three months ending August 31, 2026, 10% of homes in Tampa, FL 33611 sold above their list price, the typical home went under contract in 30 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 216 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 8%, homes sold faster (33 days then) and the median sale price rose 27% to $699,697. Overall, Tampa is more competitive than a year ago, so tougher for buyers.

Within Hillsborough County, homes here sell faster than in 88% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Tampa ranks #118 of 796 FL ZIP codes with enough sales (score 34 out of 100).

Nearby, buyers who want less competition could look at Tampa 33609 (1% sold over asking) or Tampa 33606 (4% sold over asking), while Lutz 33559 (25% sold over asking) and Tampa 33619 (22% sold over asking) are even more competitive.

Nearby markets

Apollo Beach 33572Balanced $217 /sq ftBrandon 33510Balanced $216 /sq ftBrandon 33511Balanced $209 /sq ftDover 33527Buyer’s market $238 /sq ft Browse all markets →

Where Tampa is

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Questions about Tampa real estate

Is Tampa a buyer’s or seller’s market?

A balanced market: there were 4 months of supply in Tampa, FL 33611 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Tampa?

The typical home went under contract in 30 days in the latest three months.

Do homes in Tampa sell over asking?

10% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.

What are property taxes in Tampa?

About 0.81% of a home’s value a year in Hillsborough County, or roughly $3,240 on a $400,000 home.

What is the median home price in Tampa?

The median sale price was $699,697 in the three months ending August 31, 2026, about $368 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology