Is Tampa, FL 33629 a buyer’s or seller’s market?

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

Tampa is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score30/ 100

More competitive than 26% of U.S. ZIP codes, and #189 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 supply4.2Under 4 months = seller’s market
Sold above original list12.8%Share of sales, last 3 months
Median sale-to-list96.4%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$493▲ +1.4% vs. last year

The Tampa housing market right now

In the three months ending August 31, 2026, 13% of homes in Tampa, FL 33629 sold above their list price, the typical home went under contract in 42 days and there were 4.2 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 152 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (11% then), homes sold about as fast and the median sale price held steady to $1,334,423. Overall, Tampa is about as competitive as it was a year ago.

Within Hillsborough County, homes here sell faster than in 63% of the county’s ZIP codes, and sell more often over asking than in 61%. On our competition score, Tampa ranks #189 of 796 FL ZIP codes with enough sales (score 30 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 4.2 months of supply in Tampa, FL 33629 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 42 days in the latest three months.

Do homes in Tampa sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 96.4% 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 $1,334,423 in the three months ending August 31, 2026, about $493 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