Cities with the fastest growing home prices in Tampa metro area

Written by:
November 23, 2022
Arina P Habich // Shutterstock

Cities with the fastest growing home prices in Tampa metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Tampa-St. Petersburg-Clearwater, FL metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. Data was available for 76 cities and towns in Tampa.

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#30. Ruskin, Ruskin

- 1-year price change: +$90,459 (+31.4%)
- 5-year price change: +$182,860 (+93.2%)
- Typical home value: $378,979 (#46 most expensive city in metro)
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#29. Safety Harbor, Safety Harbor

- 1-year price change: +$91,379 (+22.7%)
- 5-year price change: +$234,057 (+90.0%)
- Typical home value: $494,111 (#20 most expensive city in metro)
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#28. Valrico, Valrico

- 1-year price change: +$93,565 (+25.9%)
- 5-year price change: +$212,417 (+87.6%)
- Typical home value: $454,950 (#24 most expensive city in metro)
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#27. Gibsonton, Gibsonton

- 1-year price change: +$93,752 (+32.4%)
- 5-year price change: +$192,391 (+101.0%)
- Typical home value: $382,801 (#45 most expensive city in metro)
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#26. Riverview, Riverview

- 1-year price change: +$95,678 (+29.4%)
- 5-year price change: +$200,506 (+90.8%)
- Typical home value: $421,269 (#32 most expensive city in metro)

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#25. Wesley Chapel, Wesley Chapel

- 1-year price change: +$96,414 (+27.7%)
- 5-year price change: +$204,834 (+85.5%)
- Typical home value: $444,304 (#26 most expensive city in metro)
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#24. Wimauma, Wimauma

- 1-year price change: +$98,150 (+30.5%)
- 5-year price change: +$187,206 (+80.3%)
- Typical home value: $420,397 (#34 most expensive city in metro)
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#23. South Pasadena, South Pasadena

- 1-year price change: +$99,030 (+32.4%)
- 5-year price change: +$195,122 (+93.0%)
- Typical home value: $405,035 (#38 most expensive city in metro)
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#22. Land O Lakes, Land O Lakes

- 1-year price change: +$100,039 (+27.8%)
- 5-year price change: +$214,062 (+86.9%)
- Typical home value: $460,289 (#23 most expensive city in metro)
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#21. North Weeki Wachee, North Weeki Wachee

- 1-year price change: +$104,666 (+34.4%)
- 5-year price change: +$217,206 (+113.4%)
- Typical home value: $408,717 (#37 most expensive city in metro)

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#20. Lutz, Lutz

- 1-year price change: +$105,490 (+26.7%)
- 5-year price change: +$229,671 (+84.7%)
- Typical home value: $500,685 (#18 most expensive city in metro)
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#19. Pebble Creek, Pebble Creek

- 1-year price change: +$106,179 (+27.3%)
- 5-year price change: +$231,271 (+87.5%)
- Typical home value: $495,541 (#19 most expensive city in metro)
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#18. Weeki Wachee Gardens, Weeki Wachee Gardens

- 1-year price change: +$114,232 (+32.2%)
- 5-year price change: +$269,736 (+135.7%)
- Typical home value: $468,542 (#21 most expensive city in metro)
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#17. Apollo Beach, Apollo Beach

- 1-year price change: +$114,498 (+28.6%)
- 5-year price change: +$236,105 (+84.6%)
- Typical home value: $515,310 (#17 most expensive city in metro)
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#16. Westchase, Westchase

- 1-year price change: +$117,297 (+25.6%)
- 5-year price change: +$246,139 (+74.8%)
- Typical home value: $575,363 (#16 most expensive city in metro)

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#15. Saint Leo, Saint Leo

- 1-year price change: +$129,915 (+26.6%)
- 5-year price change: +$266,996 (+75.8%)
- Typical home value: $619,161 (#15 most expensive city in metro)
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#14. Harbor Bluffs, Harbor Bluffs

- 1-year price change: +$143,374 (+27.3%)
- 5-year price change: +$306,247 (+84.7%)
- Typical home value: $667,946 (#13 most expensive city in metro)
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#13. Odessa, Odessa

- 1-year price change: +$148,985 (+26.7%)
- 5-year price change: +$318,359 (+81.9%)
- Typical home value: $706,855 (#10 most expensive city in metro)
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#12. Belleair, Belleair

- 1-year price change: +$154,134 (+28.6%)
- 5-year price change: +$310,919 (+81.3%)
- Typical home value: $693,168 (#11 most expensive city in metro)
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#11. Treasure Island, Treasure Island

- 1-year price change: +$158,755 (+30.1%)
- 5-year price change: +$322,601 (+88.8%)
- Typical home value: $685,768 (#12 most expensive city in metro)

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#10. Saint Pete Beach, Saint Pete Beach

- 1-year price change: +$167,706 (+28.6%)
- 5-year price change: +$350,472 (+87.0%)
- Typical home value: $753,320 (#8 most expensive city in metro)
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#9. Indian Shores, Indian Shores

- 1-year price change: +$171,426 (+30.0%)
- 5-year price change: +$344,873 (+86.6%)
- Typical home value: $743,090 (#9 most expensive city in metro)
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#8. Hernando Beach, Hernando Beach

- 1-year price change: +$172,979 (+35.8%)
- 5-year price change: +$351,436 (+115.6%)
- Typical home value: $655,540 (#14 most expensive city in metro)
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#7. Redington Shores, Redington Shores

- 1-year price change: +$188,056 (+26.5%)
- 5-year price change: +$401,868 (+81.2%)
- Typical home value: $896,799 (#6 most expensive city in metro)
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#6. Madeira Beach, Madeira Beach

- 1-year price change: +$188,079 (+29.4%)
- 5-year price change: +$397,620 (+92.4%)
- Typical home value: $827,814 (#7 most expensive city in metro)

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#5. Indian Rocks Beach, Indian Rocks Beach

- 1-year price change: +$205,710 (+29.0%)
- 5-year price change: +$444,067 (+94.3%)
- Typical home value: $915,212 (#5 most expensive city in metro)
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#4. Tierra Verde, Tierra Verde

- 1-year price change: +$207,565 (+29.2%)
- 5-year price change: +$428,861 (+87.5%)
- Typical home value: $918,745 (#3 most expensive city in metro)
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#3. North Redington Beach, North Redington Beach

- 1-year price change: +$208,937 (+29.4%)
- 5-year price change: +$422,684 (+85.3%)
- Typical home value: $918,490 (#4 most expensive city in metro)
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#2. Belleair Beach, Belleair Beach

- 1-year price change: +$235,109 (+30.4%)
- 5-year price change: +$465,797 (+86.0%)
- Typical home value: $1,007,664 (#1 most expensive city in metro)
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#1. Redington Beach, Redington Beach

- 1-year price change: +$245,527 (+33.1%)
- 5-year price change: +$495,347 (+100.9%)
- Typical home value: $986,238 (#2 most expensive city in metro)

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