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
.
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.