2021 Housing Market Overview

Tampa Real Estate Market 2021

Tampa Real Estate Market Overview

Metro Population: 3.2 M

Median Household Income:$58,000

Unemployment Rate:5.6%

Median Home Price*:$231,000

Median Monthly Rent*:$1,557

Should You Buy Rental Property in the Tampa Real Estate Market in 2021?

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).

Show 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

Property Teams

Property Team details can only be viewed in the Investor Portal, which can be accessed by RealWealth members who are logged in at Investor.RealWealth.com

Sample properties

Sample properties can only be viewed in the Investor Portal, which can be accessed by RealWealth members who are logged in at Investor.RealWealth.com.

Disclaimer: The information provided on this page is for educational purposes only. RealWealth makes no warranty or representation as to the accuracy, completeness or reliability of this information. Please be advised that this content may contain errors, is subject to revision at all times, and should not be relied upon for any purpose. Under no circumstances shall RealWealth be liable to you or anyone else for damage stemming from the use or misuse of this information.