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ABOUT TAMPA BAY

Tampa Bay Area

Real Estate Market Statistics

Real Estate Market Statistics


• Tampa, Florida is one of the fastest growing metropolitan areas in the United States and offers a great quality of life. The Metropolitan area includes Tampa, St. Petersburg and Clearwater, Florida. 


• Tampa is located on the west coast of Florida near the Gulf of Mexico and the county seat of Hillsborough. With a population of 417,700 (World Population Review), it is the third most populated city in Florida with an increasing growth of about 1.3% a year (almost twice the national rate). 


• Prices of residential properties are growing at a brisk pace but remain affordable when compared to other real estate markets with a Median single-family home sale price of $437,000 YoY: –12.7%. Redfin


• Tampa Bay is #1 among peer metros for attracting new residents (USF/Tampa Bay Partnership, 2025). University of South Florida 


• Tampa Bay is home to seven Fortune 500 companies; Tech Data Corp., Publix Super Markets, Jabil Inc., WellCare Health Plans, Raymond James Financial, Roper Technologies, Bloomin’ Brands 


• Tampa is recognized as one of the best cities to invest in Real Estate in 2025.           (Vaster -3rd place)

Real Estate Market Statistics

Real Estate Market Statistics

Real Estate Market Statistics

 

  • Median age: 35.9 vs. U.S. 38.7.
     
  • Median household income: $72,851 (ACS 2023). U.S. median (ACS 2023) ≈ $78,538. Neilsberg
     
  • Cost of living index: 104.2 (U.S.=100).
     
  • Median home sale price (all home types, city): $437K (Jun 2025). YoY: –12.7%. Redfin
     
  • Median 1-bedroom rent: $1,500, YoY: +7%; U.S. 1-BR rent flat YoY. Zumper - Apartments for Rent & Houses

Rankings

Real Estate Market Statistics

Rankings

 

  • #1 Best City for Veterans to Live (Veterans United, 2024). Mortgage Professional America


  • #2 Best Large City to Start a Business (WalletHub, 2025). WalletHub
     
  • #3 Best City to Start a Career—and tied #1 for entry-level jobs per capita (WalletHub, 2025). WalletHub
     
  • #18 Best Places to Retire in the U.S. (U.S. News, 2025–26). Florida Realtors
     
  • Top Recreation City: #3 in the U.S. (WalletHub, 2025). Florida Daily
     
  • Local unemployment 4.0% (Jun 2025) vs. U.S. 4.3% (BLS). Bureau of Labor Statistics
     
  • Tampa International Airport: #2 Large Airport in North America for passenger satisfaction (J.D. Power, 2024). news.tampaairport.com

The Realtors® of the CAMKORE team are members of:


The CAMKORE Team at STAR BAY REALTY and Property Management

Copyright © 2020 CAMKORE - All Rights Reserved.

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