Tampa witnessed a 32 percent increase in home prices last month, the third highest in nation, says report

The current median home listing price in the city is $399,000, the study says.

Tampa witnessed a 32 percent increase in home prices last month, the third highest in nation, says report
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Tampa's home prices continue to skyrocket.

A new report from real estate listing site Realtor.com  shows that Tampa’s median home listing prices grew by 32% in March, placing the area's median listing price at $399,000.

Additionally, it states that the median price per square foot rose 29.5%.

Tampa's current price spike ranked third in the whole country, preceded only by Miami (37%) and Las Vegas (35.2%).

A few other cities in Florida also saw a significant increase in listing prices—Orlando grew 27.9% and Jacksonville grew 21.5%.

This study comes just days after the release of the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index report, which found that over the last year, Tampa witnessed the nation's second largest increase in home prices.

These numbers also reflect the data on a recent study by Redfin, a Seattle-based real estate brokerage, which found that Tampa is the third city in the country where the most people are moving to. The report found that in the first two months of 2022, the net inflow of users was 9,052 – an increase from 2021’s 6,003.

That study also identifies Orlando as one of the top origins people were moving from. 

About The Author

Sofía García Vargas

Sofía García Vargas, born in Colombia, South America and raised in Costa Rica, Central America, is a journalism student at the University of South Florida and Editor-in-Chief of The Crow’s Nest, USF St. Petersburg’s student newspaper. Her passions range from art and music to sports and food. She dreams of becoming...
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