Is Tarpon Springs, FL 34689 a buyer’s or seller’s market?
Tarpon Springs is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 14% of U.S. ZIP codes, and #397 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
The Tarpon Springs housing market right now
In the three months ending August 31, 2026, 8% of homes in Tarpon Springs, FL 34689 sold above their list price, the typical home went under contract in 63 days and there were 4.6 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 150 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 3%, homes sold faster (66 days then) and the median sale price fell 5% to $386,833. Overall, Tarpon Springs is more competitive than a year ago, so tougher for buyers.
Within Pinellas County, homes here sell more slowly than in 72% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Tarpon Springs ranks #397 of 796 FL ZIP codes with enough sales (score 20 out of 100).
Nearby, buyers who want less competition could look at Crystal Beach 34681 (0% sold over asking) or Saint Petersburg 33715 (1% sold over asking), while Safety Harbor 34695 (21% sold over asking) and Saint Petersburg 33710 (20% sold over asking) are even more competitive.
Run the numbers for 34689
Nearby markets
Belleair Beach 33786Buyer’s market $593 /sq ftClearwater 33755Balanced $264 /sq ftClearwater 33756Buyer’s market $277 /sq ftClearwater 33759Balanced $247 /sq ft Browse all markets →Towns like Tarpon Springs nearby
Find towns like Tarpon Springs in other states →Where Tarpon Springs is
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Questions about Tarpon Springs real estate
Is Tarpon Springs a buyer’s or seller’s market?
A balanced market: there were 4.6 months of supply in Tarpon Springs, FL 34689 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 Tarpon Springs?
The typical home went under contract in 63 days in the latest three months.
Do homes in Tarpon Springs sell over asking?
8% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.
What are property taxes in Tarpon Springs?
About 0.70% of a home’s value a year in Pinellas County, or roughly $2,800 on a $400,000 home.
What is the median home price in Tarpon Springs?
The median sale price was $386,833 in the three months ending August 31, 2026, about $242 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