Support Us Button Widget

Tampa might be one of 2024’s hottest real estate markets

Zillow predicts that the Cigar City will be the 10th hottest market this year.

image003.png

Take a look at housing sites predictions for the hottest markets of 2024.

Photo via Zillow

Calling all late night Zillow scrollers. It’s okay, we do it too.

Zillow just reported that Tampa is once again projected as one of the white hot real estate markets for 2024. The Cigar City came in at No. 10. behind Midwest spots like Columbus (hey CBUStoday) and Indianapolis (and you too, INDYtoday). Researchers looked at 50 of the “most populous metros” for factors like affordability, strong employment, and growth in owner-occupied households.

Here’s some other key findings from the report:

  • The study found that the typical home value for the Tampa Bay area is $375,338.
  • The average mortgage payment with 5% down is $2,717.
  • Meanwhile, the average rent cost is $2,091.
  • The average amount of time a home spends on the market is 24 days.

Are you on the market or selling your home? Share your story and we might put it in a newsletter.

More from TBAYtoday
This week — Monday, July 22-Friday, July 26, 2024 — we’re shining a spotlight on the vibrant drink scene in Tampa Bay.
The Florida Museum of Photographic Arts’ new exhibit juxtaposes iconic Tampa photographs with shots of the same locations today.
The $6.5 billion plans include a new ballpark for the Tampa Bay Rays.
The Bucs have announced several special events for the upcoming campaign, including the return of their creamsicle jerseys.
How well do you know Tampa Bay, FL? We’re bringing you some fun facts about the city and its history. If you’re a trivia master (or local enthusiast), give this a try.
The guide will help the city protect residents from increasing high temperatures.
While these aren’t officially Tampa’s sister cities, you seem to see a bond with our home.
Learn to make European classics, tasty treats, and cheesy delights across TBAY.
Calling all glizzy gladiators to chow down on some local dogs.
The list was compiled using metrics like weather, facilities, and costs.