Cities with the most expensive homes in Tampa metro area

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February 1, 2023
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Cities with the most expensive homes in Tampa metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. Given the current state of the real estate market, housing affordability plays a determining role for buyers. As of January 26, 2022, the 30-year fixed mortgage rate sits at 6.13%. As a result of higher mortgage rates across the board, home prices have risen significantly. The typical home value in the United States increased over the last year by +8.4% to $356,819.

Although home prices have inflated all across the U.S., there are definitely certain areas that have a higher price tag than others. Location, size, age, and condition are all contributing factors to home value. Whether you choose to hold off your home-buying plans in hopes of the market cooling down or are looking to buy ASAP, it's good to educate yourself on the market in different cities.

Stacker compiled a list of cities with the most expensive homes in Tampa using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of December 2022. The ZVHI represents a seasonally adjusted price for the middle market for all homes. Data was available for 76 cities and towns in Tampa. Charts for each city show the monthly typical home value since January 2018.

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#30. Tarpon Springs, FL

- Typical home value: $427,818
- 1-year price change: +19.0%
- 5-year price change: +85.0%

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#29. Citrus Park, FL

- Typical home value: $430,059
- 1-year price change: +16.0%
- 5-year price change: +81.3%

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#28. Belleair Bluffs, FL

- Typical home value: $433,956
- 1-year price change: +20.4%
- 5-year price change: +95.7%

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#27. Dover, FL

- Typical home value: $441,493
- 1-year price change: +15.8%
- 5-year price change: +86.7%

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#26. Palm Harbor, FL

- Typical home value: $443,763
- 1-year price change: +19.0%
- 5-year price change: +85.0%

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#25. Wesley Chapel, FL

- Typical home value: $445,776
- 1-year price change: +19.1%
- 5-year price change: +83.1%

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#24. Valrico, FL

- Typical home value: $446,842
- 1-year price change: +16.9%
- 5-year price change: +82.6%

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#23. Greater Northdale, FL

- Typical home value: $458,031
- 1-year price change: +15.8%
- 5-year price change: +81.8%

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#22. Land O Lakes, FL

- Typical home value: $465,040
- 1-year price change: +19.5%
- 5-year price change: +84.3%

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#21. Weeki Wachee Gardens, FL

- Typical home value: $470,037
- 1-year price change: +25.6%
- 5-year price change: +138.0%

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11 / 30
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#20. Pebble Creek, FL

- Typical home value: $488,229
- 1-year price change: +17.7%
- 5-year price change: +82.9%

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#19. Lutz, FL

- Typical home value: $497,712
- 1-year price change: +18.3%
- 5-year price change: +81.4%

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#18. Safety Harbor, FL

- Typical home value: $501,440
- 1-year price change: +18.3%
- 5-year price change: +89.3%

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#17. Apollo Beach, FL

- Typical home value: $513,693
- 1-year price change: +19.6%
- 5-year price change: +82.1%

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#16. Westchase, FL

- Typical home value: $570,587
- 1-year price change: +17.3%
- 5-year price change: +71.8%

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#15. Saint Leo, FL

- Typical home value: $611,685
- 1-year price change: +17.5%
- 5-year price change: +72.2%

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#14. Hernando Beach, FL

- Typical home value: $636,006
- 1-year price change: +22.6%
- 5-year price change: +108.3%

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#13. Harbor Bluffs, FL

- Typical home value: $674,660
- 1-year price change: +22.4%
- 5-year price change: +84.3%

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#12. Treasure Island, FL

- Typical home value: $685,100
- 1-year price change: +22.4%
- 5-year price change: +86.2%

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#11. Belleair, FL

- Typical home value: $693,594
- 1-year price change: +22.2%
- 5-year price change: +78.5%

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#10. Odessa, FL

- Typical home value: $698,001
- 1-year price change: +18.1%
- 5-year price change: +78.5%

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#9. Saint Pete Beach, FL

- Typical home value: $750,453
- 1-year price change: +21.4%
- 5-year price change: +84.3%

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#8. Indian Shores, FL

- Typical home value: $751,844
- 1-year price change: +22.8%
- 5-year price change: +87.2%

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#7. Madeira Beach, FL

- Typical home value: $835,902
- 1-year price change: +22.6%
- 5-year price change: +89.3%

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#6. Redington Shores, FL

- Typical home value: $886,669
- 1-year price change: +20.1%
- 5-year price change: +79.8%

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#5. Indian Rocks Beach, FL

- Typical home value: $917,882
- 1-year price change: +21.7%
- 5-year price change: +93.0%

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#4. Tierra Verde, FL

- Typical home value: $934,355
- 1-year price change: +22.2%
- 5-year price change: +87.1%

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#3. North Redington Beach, FL

- Typical home value: $936,438
- 1-year price change: +22.4%
- 5-year price change: +84.6%

29 / 30
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#2. Redington Beach, FL

- Typical home value: $976,716
- 1-year price change: +23.8%
- 5-year price change: +96.5%

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#1. Belleair Beach, FL

- Typical home value: $1,028,404
- 1-year price change: +22.9%
- 5-year price change: +85.4%

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