2021 Housing Market Overview
Tampa Real Estate Market 2021
Tampa Real Estate Market Overview
Metro Population: 3.2 M
Median Household Income:$58,000
Median Home Price*:$231,000
Median Monthly Rent*:$1,557
Located on the west coast of Florida, Tampa Bay is a densely populated metropolitan area, second only to Miami, with a population of more than three million people. Major cities in this area include St. Petersburg, Largo, Clearwater, New Port Richey, Holiday, and Tampa. Tampa’s local economy is worth over $169 billion and the metro area is the third fastest growing city in Florida.
Tampa also has a strong local economy with a strong focus on job growth in areas such as STEM, financial services, and healthcare. The Greater Tampa Bay Area is consistently ranked among the top 20 fastest growing metro areas in the country and with billions of dollars of residential, commercial, and infrastructure investments underway, it is one of the engines of the Florida economy.
More than 19 firms, with annual revenues of more than $1 billion, are headquartered here and it is home to four Fortune 500 companies. Tampa has a very diverse economy with financial services, STEM, health care, research, education, tourism/retirement, and military bases all making significant contributions to jobs and growth.
Fun Fact: Though known for hot summers, Tampa’s official high has never reached 100 °F. The city’s all-time record temperature is 99 °F (37 °C).
Tampa Housing Market Trends
Tampa Real Estate Market Trends & Forecast 2021In this section, you’ll learn about the top factors that make Tampa one of the strongest real estate markets today, including: job growth, population growth, and affordability. Explore Tampa’s housing market, population, and employment trends in the tabs to learn more.
Major Employers in Tampa
Tampa Housing Market News
- "#1 Best Place to Buy a Home " - Niche
- "Ranked #2 in Best US Cities to Buy Real Estate" - Tampa Bay Times
- "#5 Hottest Real Estate Market to Watch in 2017" - Forbes
- "#8 in America’s Fastest Growing Cities" - Forbes
- "#2 Best City for Young Entrepreneurs" - Forbes
- "#2 Best City for First Time Home Buyers" - Business Insider
- "#26 in Fastest-Growing Cities" - WalletHub
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