According to Zillow, Tampa Bay is on track to be one of the top ten hottest housing markets for this year!
50 different metro areas around the US were evaluated for home value appreciation, as well as new jobs for each housing unit and new homeowning families, taking into account how quickly those homes sell.
Out of the list, Tampa is sitting at number ten! Not bad, Tampa.
What does that mean for you? Well, this is good news for the 2024 housing market! Experts are hopeful that it will continue to stabilize, which is good for those looking to buy a home.
Here are a few stats for you:
Tampa Bay
- Typical home value: $375,338
- Mortgage payment (with 5% down): $2,717
- Typical rent: $2,091
- Days on the market: 24
U.S. average
- Typical home value: $347,415
- Mortgage payment (with 5% down): $2,514
- Typical rent: $1,982
- Days on the market: 21
So, what are you waiting for? Give me a call, and let’s get started on your home buying or selling journey today!