Tampa FHA Loan Rates, Closing Costs & Stats

TAMPA-ST. PETERSBURG-CLEARWATER, FL

FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

For additional requirements as defined by the FHA, click here.

Tampa's 298 lenders originated 11,630 FHA loans during 2023. The total origination value was $3,571,350,000, with an average FHA loan value of $307,081.

Tampa FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Tampa averaged 6.84% for the week of 2024-05-10, compared to the national average (all FHA variants) of 6.786% for the same period.

Tampa's average FHA mortgage closing costs are $9,005.

The average rate for the prior week (2024-05-03) was 6.83% and one month ago for the week of 2024-04-05, the average rate was 6.31%.

The average rate one year ago was 6.32%.

For refis of the same type during the week of 2024-05-10, the average rate was 7.26%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Tampa FHA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Tampa level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 1,747 6.33% $13,767
QUICKEN LOANS, LLC 935 6.13% $13,468
DHI MORTGAGE COMPANY, LTD. 729 5.66% $9,906
EAGLE HOME MORTGAGE, LLC 441 5.85% $12,013
CARDINAL FINANCIAL 381 6.42% $14,350
HOMEOWNERS FINANCIAL GROUP USA, LLC 302 6.65% $14,091
CROSSCOUNTRY MORTGAGE, LLC 266 6.61% $13,781
LOANDEPOT.COM, LLC 255 6.11% $12,500
FREEDOM MORTGAGE CORPORATION 218 6.66% $15,018
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 203 6.70% $13,238
PENNYMAC LOAN SERVICES, LLC 172 6.13% $14,866
Paramount Residential Mortgage Group, Inc. 162 6.74% $16,398
NEWREZ LLC 145 6.41% $13,049
THE MORTGAGE FIRM, INC. 137 6.79% $12,271
EVERETT FINANCIAL, INC. 133 6.90% $13,264
MOVEMENT MORTGAGE, LLC 132 6.69% $13,217
NVR Mortgage Finance, Inc. 119 5.66% $12,080
AMERICAN FINANCIAL NETWORK, INC. 118 6.88% $15,732
Carrington Mortgage Services, LLC 113 6.35% $14,257
GUARANTEED RATE, INC. 111 6.07% $14,218
CMG MORTGAGE, INC. 105 6.10% $19,197
BROKER SOLUTIONS, INC. 104 6.72% $13,946
Plains Commerce Bank 92 6.60% $15,387
VAN DYK MORTGAGE CORPORATION 87 6.71% $9,803
NFM, INC. 84 6.76% $14,035
CALIBER HOME LOANS, INC. 77 6.09% $13,127
Mr. Cooper ( Nationstar Mortgage ) 73 6.06% $17,827
Equity Prime Mortgage LLC 72 6.81% $14,116
FBC MORTGAGE, LLC 69 6.16% $11,249
HOMESIDE FINANCIAL, LLC 68 6.62% $13,519
Century Mortgage Company DBA Century Lending Company 67 6.39% $13,860
SUN WEST MORTGAGE COMPANY, INC. 66 6.24% $14,770
UNION HOME MORTGAGE CORP. 66 6.54% $13,086
MATTAMY HOME FUNDING, LLC 63 5.63% $12,952
AMERISAVE MORTGAGE CORPORATION 57 6.10% $14,862
M/I FINANCIAL, LLC 57 6.10% $17,342
HOMEBRIDGE FINANCIAL SERVICES, INC. 55 5.64% $18,399
MY MORTGAGE, INC. 52 7.01% $18,532
LOANPAL, LLC 50 5.83% $14,771
GERSHMAN INVESTMENT CORP. 49 6.80% $13,981
Flagstar Bank, FSB 49 6.51% $14,407
HOME SOLUTION LENDERS INC. 48 5.82% $21,869
Regions Bank 47 5.89% $11,661
MUTUAL OF OMAHA MORTGAGE, INC. 47 6.43% $14,434
EMBRACE HOME LOANS, INC. 45 6.57% $13,072
Waterstone Mortgage Corporation 45 6.78% $13,385
Sierra Pacific Mortgage Company, Inc. 44 6.16% $14,738
TOWNE MORTGAGE COMPANY 42 6.34% $13,840
Cornerstone First Mortgage, Inc 42 6.70% $12,755
ABSOLUTE HOME MORTGAGE CORPORATION 41 6.40% $16,609
PLAZA HOME MORTGAGE, INC. 41 6.50% $16,255
Mortgage Lenders Investment Trading Corporation 40 7.11% $11,781
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 39 6.53% $12,183
Synovus Bank 39 6.42% $11,119
Keystone Funding, Inc. 39 6.56% $14,326
OPEN MORTGAGE, LLC 38 6.44% $12,932
PLANET HOME LENDING, LLC 35 6.56% $13,007
PULTE MORTGAGE LLC 34 5.76% $8,424
NJ LENDERS CORP. 32 6.52% $13,927
GUILD MORTGAGE COMPANY 32 6.60% $12,164
ARK-LA-TEX FINANCIAL SERVICES, LLC. 32 6.25% $12,864
LAKEVIEW LOAN SERVICING, LLC 31 5.86% $13,938
LEADERONE FINANCIAL CORPORATION 31 6.69% $13,321
GUARANTEED RATE AFFINITY, LLC 31 6.43% $14,109
MICHIGAN MUTUAL, INC. 28 6.44% $16,990
GENEVA FINANCIAL, LLC 27 6.96% $14,061
MID AMERICA MORTGAGE, INC. 26 6.97% $17,634
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 26 6.57% $13,615
Nations Lending Corporation 25 6.65% $13,820
SUCCESS MORTGAGE PARTNERS, INC. 24 6.81% $14,275
VANDERBILT MORTGAGE AND FINANCE, INC. 23 5.53% $12,521
AMERICAN FINANCIAL RESOURCES, INC. 22 6.47% $14,249
AMERICAN PACIFIC MORTGAGE CORPORATION 22 6.90% $12,806
VERITAS FUNDING, LLC 21 6.49% $16,617
TOP FLITE FINANCIAL, INC. 21 6.92% $18,428
South State Bank 21 6.19% $11,787
JPMorgan Chase Bank 19 6.50% $8,064
OCMBC, INC. 19 7.38% $15,514
EMM LOANS LLC 19 6.22% $15,682
Lakeview Community Capital, LLC 18 6.16% $14,344
NATIONS DIRECT MORTGAGE, LLC 18 6.46% $15,481
AMERICAN FINANCING CORPORATION 18 6.24% $14,178
GSF Mortgage Corporation 18 6.22% $12,867
KBHS HOME LOANS, LLC 18 5.97% $16,898
INSPIRE HOME LOANS INC. 18 5.78% $9,716
Hometown Equity Mortgage, LLC 18 6.40% $17,444
Mortgage Research Center, LLC 17 6.86% $8,701
LEGEND LENDING CORPORATION 17 6.64% $17,563
VILLAGE CAPITAL MORTGAGE 17 5.75% $15,160
AmRes Corporation 17 6.91% $17,904
PRIMELENDING, A PLAINSCAPITAL COMPANY 16 6.23% $13,321
The Federal Savings Bank 16 6.63% $15,315
Truist 16 6.22% $12,142
AmeriHome Mortgage Company, LLC 16 5.93% $14,718
NETWORK CAPITAL FUNDING CORPORATION 15 6.16% $13,006
PRIMARY RESIDENTIAL MORTGAGE, INC. 14 6.54% $15,103
Bank of England 14 6.59% $12,899
Hancock Whitney Bank 14 5.89% $12,970
MLB RESIDENTIAL LENDING, LLC 13 6.19% $13,653
American Mortgage & Equity Consultants, Inc. 13 6.70% $13,239
BAY EQUITY LLC 13 6.63% $16,384
SECURITYNATIONAL MORTGAGE COMPANY 13 6.36% $14,909
GARDNER FINANCIAL SERVICES, LTD. 13 7.16% $14,372
MORTGAGE SOLUTIONS OF COLORADO, LLC 12 6.75% $19,847
PREFERRED LENDING SERVICES, LLC 12 6.48% $13,077
GTE Federal Credit Union 12 6.24% $11,605
RELIANCE FIRST CAPITAL, LLC 12 6.44% $14,165
Prosperity Home Mortgage, LLC 12 6.35% $14,292
SWBC MORTGAGE CORPORATION 11 6.92% $10,678
FIRST COMMUNITY MORTGAGE, INC. 11 6.61% $13,072
MILEND, INC. 11 6.53% $18,124
Loan Simple, Inc. 11 6.85% $17,645
United Fidelity Funding Corp. 11 7.10% $18,061
TIDEWATER MORTGAGE SERVICES, INC. 10 6.38% $12,900
BECKAM FUNDING CORP. 10 7.24% $19,301
ACADEMY MORTGAGE CORPORATION 10 6.65% $16,446
STOCKTON MORTGAGE CORPORATION 10 6.99% $14,004
ZILLOW HOME LOANS, LLC 9 6.53% $12,554
CALCON MUTUAL MORTGAGE LLC 9 6.63% $19,692
First Horizon Bank 9 6.60% $12,486
Raymond James Bank 9 6.40% $10,372
T2 FINANCIAL LLC 9 6.65% $13,785
TJC Mortgage, Inc. 9 6.44% $15,136
Wells Fargo Bank 9 6.60% $10,304
U.S. Bank 8 6.91% $12,947
LAND HOME FINANCIAL SERVICES, INC. 8 6.59% $14,635
Ixonia Bank 8 6.50% $14,315
PARK SQUARE HOME MORTGAGE, LLC 8 5.30% $12,787
EQUITY RESOURCES, INC. 8 6.70% $11,302
Fifth Third Bank 8 6.33% $8,237
LIBERTY HOME MORTGAGE CORPORATION 8 7.00% $21,510
Ameris Bank 7 6.38% $13,966
Citizens Bank 7 6.57% $11,781
Evolve Bank & Trust 7 6.54% $13,430
First Option Mortgage, LLC 7 6.91% $13,319
Bank of America 7 6.21% $9,203
READY MORTGAGE LENDERS, LLC 7 6.79% $18,222
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 7 6.50% $13,228
FAIRWAY FUNDING GROUP, INC. 7 6.77% $14,217
PHH Mortgage Corporation 7 6.46% $12,036
KELLER MORTGAGE, LLC 6 5.73% $10,690
AMERICAN BANCSHARES MORTGAGE 6 6.69% $11,412
PENTAGON FEDERAL CREDIT UNION 6 6.19% $14,877
POINT Mortgage 6 6.85% $13,266
FIRST MORTGAGE COMPANY, INC. 6 6.39% $13,740
LADERA LENDING, INC. 6 6.31% $12,723
AMERICAN PORTFOLIO MORTGAGE CORPORATION 6 6.56% $11,121
Midwest Mortgage Associates Corporation 6 7.15% $9,634
US MORTGAGE CORPORATION 6 6.10% $16,027
BAYSHORE MORTGAGE FUNDING, LLC 6 6.90% $15,296
Northpointe Bank 6 6.15% $14,989
NORTHPOINT MORTGAGE, INC. 6 6.40% $11,034
ALLIED MORTGAGE GROUP, INC. 6 6.27% $10,977
CANOPY MORTGAGE, LLC 5 6.52% $15,401
NATIONWIDE MORTGAGE BANKERS, INC. 5 6.58% $11,006
ROYAL UNITED MORTGAGE LLC 5 6.38% $9,043
Bell Bank 5 6.50% $13,788
First Heritage Mortgage, LLC 5 6.25% $14,487
TOTAL MORTGAGE SERVICES, LLC 5 6.63% $15,354
First Federal Bank 5 6.28% $9,437
South Pacific Financial Corporation 5 6.58% $9,288
DRAPER AND KRAMER MORTGAGE CORP. 5 6.30% $11,319
HOMESPIRE MORTGAGE CORPORATION 5 6.65% $9,391
THRIVE MORTGAGE, LLC 5 6.75% $11,836
BancorpSouth 5 6.83% $7,710
Capital City Home Loans, LLC 5 6.83% $12,703
Barrington Bank & Trust Company, N.A. 4 6.38% $12,159
NORWICH COMMERCIAL GROUP, INC. 4 7.00% $11,871
Valley National Bank 4 6.81% $12,514
MORTGAGE EQUITY PARTNERS LLC 4 7.31% $15,350
NBKC BANK 4 6.03% $10,090
AHL FUNDING 4 6.90% $23,697
RESIDENTIAL BANCORP 4 6.16% $8,851
CHURCHILL MORTGAGE CORPORATION 4 6.75% $14,511
Paramount Bank 4 6.47% $11,247
PANORAMA MORTGAGE GROUP, LLC 4 6.50% $15,841
GEO-CORP, INC. 4 7.56% $21,592
SOUTHPOINT FINANCIAL SERVICES, INC. 4 7.06% $8,926
ON Q FINANCIAL, INC. 4 7.31% $15,974
FIRST HOME MORTGAGE CORPORATION 4 6.56% $14,715
FIRST ALLIANCE HOME MORTGAGE, LLC 4 6.41% $12,859
Wolfe Financial, Inc 3 7.29% $16,076
LOANLEADERS OF AMERICA, INC. 3 5.54% $17,069
Magnolia Bank 3 6.83% $12,246
PNC Bank 3 6.63% $7,186
1ST FINANCIAL, INC. 3 7.29% $10,692
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 3 6.42% $12,207
BOND STREET MORTGAGE, LLC 3 6.41% $19,203
ENDEAVOR CAPITAL, LLC. 3 6.17% $14,215
M&T Bank 3 6.42% $10,853
SFMC, LP 3 6.71% $13,925
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 3 6.63% $11,646
AMCAP MORTGAGE, LTD. 3 6.42% $14,375
NEW DAY FINANCIAL, LLC 3 7.25% $10,855
NEW FED MORTGAGE, CORP. 3 6.50% $17,733
DAS Acquisition Company, LLC 3 6.46% $11,048
Franklin Loan Corporation 3 5.38% $15,300
Alcova Mortgage LLC 3 6.79% $7,976
JMAC LENDING, INC. 3 5.79% $17,913
Towne Bank 2 5.94% $17,919
Florida Capital Bank 2 6.63% $16,753
First Savings Bank 2 6.19% $10,374
LOANFLIGHT LENDING, LLC 2 6.63% $10,134
ENVOY MORTGAGE, LTD 2 6.19% $17,176
DIRECT MORTGAGE LOANS, LLC 2 6.87% $12,084
DIRECT MORTGAGE, CORP. 2 5.81% $13,471
DG PINNACLE FUNDING LLC 2 7.00% $15,134
CRESCENT MORTGAGE COMPANY 2 6.75% $10,228
CONTOUR MORTGAGE CORPORATION 2 6.69% $15,567
NORTHERN MORTGAGE SERVICES, LLC 2 6.25% $6,237
NP, Inc. 2 6.44% $15,009
CLIFFCO, INC. 2 6.13% $17,548
OCEANSIDE MORTGAGE COMPANY 2 5.56% $7,588
CIBM Bank 2 7.00% $13,751
Premium Mortgage Corporation 2 6.25% $11,892
Presidential Bank, FSB 2 6.19% $11,978
BM Real Estate Services, Inc. 2 7.38% $13,475
SeaTrust Mortgage Company 2 6.38% $11,410
SOUTHEAST MORTGAGE OF GEORGIA, INC. 2 7.75% $9,555
Strong Home Mortgage, LLC 2 5.69% $10,524
AXIA FINANCIAL, LLC 2 5.63% $14,850
Summit Mortgage Corporation 2 6.38% $12,636
THE EQUITABLE MORTGAGE CORPORATION 2 6.19% $14,604
University Bank 2 6.50% $11,483
ALAMEDA MORTGAGE CORPORATION 2 7.19% $10,627
V.I.P. MORTGAGE, INC. 2 6.69% $16,370
CityWorth Mortgage LLC 1 6.13% $17,757
PROVINCE MORTGAGE ASSOCIATES, INC. 1 7.38% $24,712
BOKF 1 7.13% $10,993
FM Home Loans, LLC 1 6.25% $10,645
RAPID MORTGAGE COMPANY 1 6.13% $7,643
ACHIEVA CREDIT UNION 1 6.13% $9,875
OAKTREE FUNDING CORP. 1 5.88% $19,325
Blue Ridge Bank 1 6.13% $10,595
NexBank 1 6.75% $20,723
Renasant Bank 1 7.50% $13,346
Network Funding, L.P. 1 6.25% $12,118
Residential Mortgage Solutions, Inc. 1 6.75% $13,124
DATA MORTGAGE, INC. 1 6.13% $17,198
RUOFF MORTGAGE COMPANY, INC. 1 5.88% $5,788
Seacoast National Bank 1 7.13% $9,201
Vellum Mortgage, Inc. 1 5.25% $23,909
DELMAR FINANCIAL COMPANY 1 7.13% $12,833
Servion, Inc. 1 6.75% $14,642
ServisFirst Bank 1 6.13% $11,112
MYCUMORTGAGE, LLC 1 6.13% $9,352
Shamrock Home Loans, Inc. 1 5.75% $13,670
East Coast Capital Corp. 1 7.25% $12,724
Advisors Mortgage Group, L.L.C. 1 5.25% $10,603
MORTGAGE 1 INCORPORATED 1 6.13% $13,250
MORIA DEVELOPMENT, INC. 1 6.25% $12,372
MLD MORTGAGE INC. 1 6.75% $9,758
SOUTHWEST STAGE FUNDING, LLC 1 7.13% $7,983
STAUNTON FINANCIAL, INC. 1 5.88% $10,367
Stifel Bank and Trust 1 5.75% $9,475
Mid-Continent Funding, Inc. 1 5.99% $25,960
Stride Bank 1 6.50% $14,615
Acre Mortgage and Financial Inc 1 5.75% $14,073
GMFS LLC 1 6.75% $12,266
Watermark Capital, Inc. 1 6.75% $13,249
Sunflower Bank 1 5.99% $32,294
Atlantic Coast Mortgage, LLC 1 5.25% $10,791
FAMILY FINANCE MORTGAGE, LLC 1 7.25% $9,103
Assurance Financial Group, L.L.C. 1 7.13% $11,032
FIDELITY DIRECT MORTGAGE, LLC 1 6.50% $16,440
TD Bank 1 6.25% $8,774
GREENTREE MORTGAGE COMPANY, L.P. 1 7.13% $16,437
Arvest Bank 1 5.00% $15,701
The Huntington National Bank 1 6.75% $8,366
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 1 7.25% $13,525
THE MORTGAGE LINK, INC. 1 6.13% $17,162
Financial Funding Solutions, Inc. 1 7.13% $8,605
American Security Mortgage Corp. 1 7.25% $10,356
FIRST COLONY MORTGAGE CORPORATION 1 5.63% $13,884
FIRST EQUITY MORTGAGE BANKERS, INC. 1 6.75% $10,464
LAKE MICHIGAN CREDIT UNION 1 6.38% $8,619
George Mason Mortgage, LLC 1 7.00% $10,857
Firstrust Savings Bank 1 6.13% $20,820
JET DIRECT FUNDING CORP 1 6.63% $15,624
INTERCOASTAL MORTGAGE COMPANY 1 5.88% $16,401
INTERCAP LENDING INC. 1 6.13% $11,702
INTELLILOAN, INC. 1 5.88% $19,043
UNIVERSAL MORTGAGE & FINANCE, INC. 1 7.25% $8,581
Goldwater Bank, N.A. 1 6.63% $11,426
Integrity Home Mortgage Corp 1 6.25% $20,473
Flanagan State Bank 1 5.25% $12,700
Platinum Home Mortgage Corporation 1 6.59% $10,115
CBM Mortgage, Inc. 1 7.13% $13,014
Centennial Bank 1 7.25% $10,410
CHERRY CREEK MORTGAGE, LLC 1 6.25% $6,655
POLARIS HOME FUNDING CORP. 1 6.75% $8,550
CASTLE & COOKE MORTGAGE, LLC 1 6.75% $14,476
PREMIER LENDING, INC. 1 6.63% $19,929
HOMESTEAD FUNDING CORP. 1 5.63% $6,452
HALLMARK HOME MORTGAGE, LLC 1 6.38% $15,420
PINNACLE LENDING GROUP, INC. 1 6.75% $10,939
Performance Financial, Inc. 1 7.75% $10,396
PROPER RATE, LLC 1 7.25% $9,440

The top Tampa FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 1,747 FHA loans originated. Their average total fees are $13,767, which is $299 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Tampa FHA lenders (with over 10 loans originated) are JPMorgan Chase Bank ($8,064), PULTE MORTGAGE LLC ($8,424), Mortgage Research Center, LLC ($8,701), INSPIRE HOME LOANS INC. ($9,716) and VAN DYK MORTGAGE CORPORATION ($9,803).

The lowest rate Tampa FHA lenders (with over 10 loans originated) are VANDERBILT MORTGAGE AND FINANCE, INC. (5.53%), MATTAMY HOME FUNDING, LLC (5.63%), HOMEBRIDGE FINANCIAL SERVICES, INC. (5.64%), DHI MORTGAGE COMPANY, LTD. (5.66%) and NVR Mortgage Finance, Inc. (5.66%).

Tampa FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
TAMPA-ST. PETERSBURG-CLEARWATER, FL HERNANDO 2022 $420,680 $538,650 $651,050 $809,150
TAMPA-ST. PETERSBURG-CLEARWATER, FL HILLSBOROUGH 2022 $420,680 $538,650 $651,050 $809,150
TAMPA-ST. PETERSBURG-CLEARWATER, FL PASCO 2022 $420,680 $538,650 $651,050 $809,150
TAMPA-ST. PETERSBURG-CLEARWATER, FL PINELLAS 2022 $420,680 $538,650 $651,050 $809,150
TAMPA-ST. PETERSBURG-CLEARWATER, FL HERNANDO 2023 $472,030 $604,400 $730,525 $907,900
TAMPA-ST. PETERSBURG-CLEARWATER, FL HILLSBOROUGH 2023 $472,030 $604,400 $730,525 $907,900
TAMPA-ST. PETERSBURG-CLEARWATER, FL PASCO 2023 $472,030 $604,400 $730,525 $907,900
TAMPA-ST. PETERSBURG-CLEARWATER, FL PINELLAS 2023 $472,030 $604,400 $730,525 $907,900

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Tampa (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $266,250 (6.5%) $395,388 (3.4%) 0.99 13,114
2018-02-01 $267,736 (4.0%) $394,066 (0.9%) 0.97 13,295
2018-03-01 $269,900 (3.8%) $397,972 (0.9%) 0.95 13,381
2018-04-01 $277,750 (4.8%) $408,745 (2.1%) 0.94 13,194
2018-05-01 $278,320 (3.1%) $405,556 (0.7%) 0.93 13,361
2018-06-01 $279,000 (3.3%) $405,160 (0.6%) 0.93 13,524
2018-07-01 $276,545 (2.5%) $401,532 (1.0%) 0.92 13,653
2018-08-01 $274,750 (1.8%) $400,410 (1.0%) 0.92 13,824
2018-09-01 $269,040 (-0.2%) $391,542 (-0.6%) 0.90 14,121
2018-10-01 $269,825 (1.0%) $394,341 (0.0%) 0.91 14,644
2018-11-01 $269,020 (0.1%) $390,665 (-1.6%) 0.91 15,346
2018-12-01 $267,000 (0.8%) $385,354 (-2.1%) 0.92 15,537
2019-01-01 $265,495 (-0.3%) $385,653 (-2.5%) 0.92 15,824
2019-02-01 $269,900 (0.8%) $392,998 (-0.3%) 0.91 16,085
2019-03-01 $274,242 (1.6%) $400,617 (0.7%) 0.90 15,593
2019-04-01 $279,900 (0.8%) $405,434 (-0.8%) 0.89 14,784
2019-05-01 $284,042 (2.1%) $408,326 (0.7%) 0.89 14,365
2019-06-01 $285,000 (2.2%) $410,145 (1.2%) 0.89 14,208
2019-07-01 $285,000 (3.1%) $406,717 (1.3%) 0.89 13,854
2019-08-01 $282,396 (2.8%) $405,592 (1.3%) 0.89 13,788
2019-09-01 $281,048 (4.5%) $406,014 (3.7%) 0.90 13,756
2019-10-01 $280,000 (3.8%) $407,467 (3.3%) 0.90 13,727
2019-11-01 $279,900 (4.0%) $409,672 (4.9%) 0.92 13,406
2019-12-01 $279,450 (4.7%) $411,875 (6.9%) 0.93 13,056
2020-01-01 $276,700 (4.2%) $415,741 (7.8%) 0.92 12,621
2020-02-01 $280,000 (3.7%) $422,456 (7.5%) 0.92 12,390
2020-03-01 $284,000 (3.6%) $425,706 (6.3%) 0.89 12,273
2020-04-01 $279,900 (0.0%) $413,553 (2.0%) 0.88 12,472
2020-05-01 $285,000 (0.3%) $426,215 (4.4%) 0.87 11,626
2020-06-01 $294,728 (3.4%) $448,478 (9.4%) 0.87 9,783
2020-07-01 $299,178 (5.0%) $463,681 (14.0%) 0.87 8,773
2020-08-01 $299,999 (6.2%) $470,876 (16.1%) 0.86 8,145
2020-09-01 $304,950 (8.5%) $481,459 (18.6%) 0.87 7,775
2020-10-01 $309,900 (10.7%) $480,254 (17.9%) 0.89 7,853
2020-11-01 $305,000 (9.0%) $476,813 (16.4%) 0.89 7,677
2020-12-01 $299,996 (7.4%) $477,575 (16.0%) 0.89 7,050
2021-01-01 $299,900 (8.4%) $493,734 (18.8%) 0.90 5,753
2021-02-01 $299,700 (7.0%) $507,769 (20.2%) 0.87 4,756
2021-03-01 $304,041 (7.1%) $515,492 (21.1%) 0.86 3,920
2021-04-01 $321,548 (14.9%) $533,800 (29.1%) 0.87 3,539
2021-05-01 $337,428 (18.4%) $539,796 (26.7%) 0.90 3,620
2021-06-01 $349,900 (18.7%) $550,544 (22.8%) 0.92 4,054
2021-07-01 $350,000 (17.0%) $564,725 (21.8%) 0.92 4,662
2021-08-01 $359,950 (20.0%) $567,128 (20.4%) 0.96 4,864
2021-09-01 $367,000 (20.4%) $562,134 (16.8%) 0.98 4,805
2021-10-01 $375,000 (21.0%) $588,911 (22.6%) 1.00 4,703
2021-11-01 $382,000 (25.3%) $599,162 (25.7%) 1.02 4,415
2021-12-01 $378,450 (26.2%) $598,379 (25.3%) 1.03 4,062
2022-01-01 $385,000 (28.4%) $627,165 (27.0%) 1.04 3,392
2022-02-01 $395,794 (32.1%) $643,015 (26.6%) 1.03 2,985
2022-03-01 $399,950 (31.5%) $661,580 (28.3%) 1.00 3,076
2022-04-01 $421,000 (30.9%) $668,837 (25.3%) 1.00 3,425
2022-05-01 $439,625 (30.3%) $674,221 (24.9%) 1.01 4,883
2022-06-01 $449,450 (28.5%) $667,079 (21.2%) 1.00 6,266
2022-07-01 $444,900 (27.1%) $644,368 (14.1%) 1.00 8,638
2022-08-01 $437,450 (21.5%) $619,248 (9.2%) 1.01 9,629
2022-09-01 $429,450 (17.0%) $612,959 (9.0%) 1.00 10,076
2022-10-01 $425,000 (13.3%) $612,369 (4.0%) 1.00 10,276
2022-11-01 $415,000 (8.6%) $604,228 (0.9%) 1.00 11,129
2022-12-01 $409,000 (8.1%) $599,862 (0.3%) 1.01 10,926
2023-01-01 $400,000 (3.9%) $608,470 (-3.0%) 0.99 10,410
2023-02-01 $400,000 (1.1%) $622,584 (-3.2%) 0.97 9,686
2023-03-01 $410,000 (2.5%) $651,365 (-1.5%) 0.97 8,848
2023-04-01 $412,000 (-2.1%) $650,306 (-2.8%) 0.96 8,624
2023-05-01 $439,000 (-0.1%) $682,374 (1.2%) 1.00 8,149
2023-06-01 $445,000 (-1.0%) $692,472 (3.8%) 1.00 8,178
2023-07-01 $449,000 (0.9%) $689,992 (7.1%) 1.02 8,341
2023-08-01 $442,500 (1.2%) $676,636 (9.3%) 1.02 8,691
2023-09-01 $439,244 (2.3%) $655,991 (7.0%) 1.02 9,566
2023-10-01 $429,950 (1.2%) $651,440 (6.4%) 1.01 11,057
2023-11-01 $425,000 (2.4%) $634,286 (5.0%) 1.01 12,245
2023-12-01 $420,000 (2.7%) $627,779 (4.7%) 1.02 12,399
2024-01-01 $419,450 (4.9%) $629,556 (3.5%) 1.02 12,506
2024-02-01 $415,500 (3.9%) $623,443 (0.1%) 1.00 13,201
2024-03-01 $419,000 (2.2%) $624,384 (-4.1%) 0.99 14,010
2024-04-01 $419,950 (1.9%) $630,268 (-3.1%) 0.98 14,622
Tampa's median listing price for 2024-04-01 was $419,950, a difference of $7,950 (1.9%) versus the prior year and $950 versus the prior month.

Tampa's median listing price comes in at 98% of the national average.

Tampa's average listing price for 2024-04-01 was $630,268, a difference of $-20,038 (-3.1%) versus the prior year and $5,884 versus the prior month.

For the 2024-04-01 period, Tampa had 14,622 MLS listings, a difference of 612 listings (4%) versus the prior month and 5,998 listings (70%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Tampa (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 64 days 1,790 sqft
2018-02-01 54 days 1,797 sqft
2018-03-01 50 days 1,811 sqft
2018-04-01 51 days 1,829 sqft
2018-05-01 50 days 1,830 sqft
2018-06-01 52 days 1,835 sqft
2018-07-01 54 days 1,827 sqft
2018-08-01 56 days 1,824 sqft
2018-09-01 57 days 1,788 sqft
2018-10-01 54 days 1,797 sqft
2018-11-01 54 days 1,782 sqft
2018-12-01 59 days 1,755 sqft
2019-01-01 67 days 1,744 sqft
2019-02-01 62 days 1,753 sqft
2019-03-01 55 days 1,775 sqft
2019-04-01 57 days 1,796 sqft
2019-05-01 57 days 1,819 sqft
2019-06-01 57 days 1,828 sqft
2019-07-01 57 days 1,820 sqft
2019-08-01 58 days 1,813 sqft
2019-09-01 59 days 1,808 sqft
2019-10-01 60 days 1,804 sqft
2019-11-01 58 days 1,787 sqft
2019-12-01 62 days 1,774 sqft
2020-01-01 66 days 1,761 sqft
2020-02-01 57 days 1,770 sqft
2020-03-01 50 days 1,757 sqft
2020-04-01 53 days 1,734 sqft
2020-05-01 64 days 1,746 sqft
2020-06-01 64 days 1,754 sqft
2020-07-01 55 days 1,754 sqft
2020-08-01 48 days 1,747 sqft
2020-09-01 47 days 1,713 sqft
2020-10-01 44 days 1,698 sqft
2020-11-01 45 days 1,674 sqft
2020-12-01 50 days 1,660 sqft
2021-01-01 54 days 1,630 sqft
2021-02-01 40 days 1,612 sqft
2021-03-01 35 days 1,614 sqft
2021-04-01 33 days 1,630 sqft
2021-05-01 31 days 1,635 sqft
2021-06-01 29 days 1,641 sqft
2021-07-01 32 days 1,631 sqft
2021-08-01 31 days 1,629 sqft
2021-09-01 36 days 1,626 sqft
2021-10-01 35 days 1,633 sqft
2021-11-01 37 days 1,648 sqft
2021-12-01 53 days 1,623 sqft
2022-01-01 40 days 1,610 sqft
2022-02-01 31 days 1,608 sqft
2022-03-01 29 days 1,602 sqft
2022-04-01 26 days 1,616 sqft
2022-05-01 24 days 1,649 sqft
2022-06-01 26 days 1,690 sqft
2022-07-01 29 days 1,704 sqft
2022-08-01 37 days 1,716 sqft
2022-09-01 44 days 1,720 sqft
2022-10-01 50 days 1,708 sqft
2022-11-01 54 days 1,690 sqft
2022-12-01 58 days 1,680 sqft
2023-01-01 65 days 1,673 sqft
2023-02-01 59 days 1,667 sqft
2023-03-01 51 days 1,673 sqft
2023-04-01 49 days 1,673 sqft
2023-05-01 46 days 1,686 sqft
2023-06-01 46 days 1,700 sqft
2023-07-01 46 days 1,702 sqft
2023-08-01 44 days 1,689 sqft
2023-09-01 44 days 1,690 sqft
2023-10-01 44 days 1,672 sqft
2023-11-01 47 days 1,652 sqft
2023-12-01 57 days 1,622 sqft
2024-01-01 64 days 1,600 sqft
2024-02-01 57 days 1,590 sqft
2024-03-01 51 days 1,598 sqft
2024-04-01 52 days 1,602 sqft
Tampa's median listing age (time on market) for 2024-04-01 was 52 days. This is 6% longer than the same period one year ago.

Tampa's median square footage for active listings during the 2024-04-01 period was 1,602 sqft. One year prior, the average listing was 1,673 sqft.

FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).