Housing market report · Florida

Tampa, FL housing market report

Updated 2026-08-03

Median home value: $345,100
Median household income: $74,392
Median gross rent: $1,628/mo
Owner-occupied households: 67.9%
Metro population: 3,304,691
30-yr mortgage rate (national): 6.66%

The metro's median home value is $345,100 against a median household income of $74,392 (Census ACS 2020-2024). 67.9% of households own their homes, and the median gross rent is $1,628 per month.

Browse Tampa homes

If you're buying in Tampa

At the current national average 30-year rate of 6.66%, buying at the metro's median value ($345,100) with 20% down works out to roughly $1,774 per month in principal and interest, before taxes and insurance.
The median home value here is about 4.6x the median household income.

If you're selling in Tampa

The metro's median gross rent is $1,628 per month - one reference point if you are weighing a sale against renting the home out.
67.9% of households in the metro own their homes.

Own a home in Tampa?

See what these numbers mean for your address. A licensed agent pulls the specifics - no obligation.