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Tampa’s real estate market ranks among nation’s best

WalletHub’s report considered factors like affordability, price appreciation, and days on the market.

A colonial-style house in Tampa. There are big white pillars, all colored white, behind a green pristine front lawn. The sun is shining and cashing shadows onto the house.

Bayshore Boulevard is full of real estate gems.

Photo by TBAYtoday

Stop complaining about house prices for a minute and listen up. Tampa’s real estate market is making headlines again, this time ranking No. 7 among large cities on WalletHub’s list of the nation’s best.

Let’s hypothesize why:

  • For the investment-minded folks, the report says property in Tampa appreciated more than 93% between 2016 and 2022, meaning homeowners are seeing big profits.
  • You’ll often hear that “houses used to be way cheaper around here.” But actually, the median sale price in the Cigar City is ~$394,000, according to Zillow. That’s similar to Florida at large, meaning something with character is still in the cards.
  • Zillow also says the median number of days a house is listed on the market is 21, giving buyers three weeks to get in the door. That means this Seminole Heights gem may not last much longer.
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