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Monday, November 25, 2024

First half of 2022: Home prices in Tampa increased

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The median sale price of a home sold in the first half of 2022 in Tampa rose by $44,934 while total sales decreased by 4.8 percent, according to BlockShopper.com.

From January through June, there were 3,990 homes sold, with a median sale price of $350,000 - a 14.7 percent increase over the $305,066 median sale price for the same period of the previous year. There were 4,192 homes sold in Tampa in the first half of 2021.

The median sales tax in Tampa for the most recent year with available data, 2018, was $2,058, approximately 0.6 percent of the median home sale price for the first half of 2022.

The following table compares Tampa to other Hillsborough County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Greater Northdale1681680$400,000$340,00017.6
Bloomingdale177198-10.6$399,000$331,50020.4
Boyette675424.1$383,600$303,75026.3
Dover3842-9.5$382,500$264,95044.4
Citrus Park183209-12.4$375,000$280,00033.9
Tampa3,9904,192-4.8$350,000$305,06614.7
Riverview6125933.2$345,900$260,00033
Gibsonton14811726.5$342,850$250,00037.1
Ruskin2302119$342,500$250,00037
Seffner73712.8$335,000$270,00024.1
Brandon8878800.8$335,000$251,50033.2

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