Tampa Bay Home Prices Expected to Drop in 2025, Says Zillow

Home sales and prices are expected to increase in 2025, according to a new report from Zillow. The report states that around 100,000 more homes will be sold in the U.S. next year, with values growing about 2.2%. In Tampa Bay, homes have a median value of $370,924, but unlike the rest of the nation, prices are expected to decrease by 2% in 2025, according to the forecast.

Current Tampa Bay Market Trends

Since October, 14% of listings in the Tampa Bay metro area have sold above market price, with the average home staying on the market for about 36 days.