Markets/Florida/Tampa-St. Petersburg-Clearwater

Tampa-St. Petersburg-Clearwater, FL Real Estate Market 2026

Investor-grade market analytics for Tampa-St. Petersburg-Clearwater, Florida. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$361,156

-2.9% year-over-year

Est. Rental Yield

6.7%

gross annual

12-Month Forecast

-5.9%

base case (Zillow ZHVF)

-5.9% year-over-year

Market Momentum

➡️
Neutral
3.6mo supply · Score 0/7

Migration: Top 0% nationally

Income Migration

💰 Wealth Influx1.22x

In-migrants avg $86,802 AGI vs out-migrants $70,985

🏛️

Opportunity Zone Market

36 ZIP codes in Tampa-St. Petersburg-Clearwater are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Tampa-St. Petersburg-Clearwater Market Summary

Tampa-St. Petersburg-Clearwater, FL is experiencing a correction with -2.9% year-over-year decline, signaling a buyer's market with softening demand. Affordability is moderately stretched with a price-to-income ratio of 5.07x, above the national average of 4.8x. Strong net positive migration (+13,662 returns/year) reflects sustained population inflows driving housing demand. Climate risk is moderate (65/100) with manageable exposure. Rental yield of 6.71% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score70/100
Price-to-Income Ratio5.1x (national avg 4.8x)
Median Household Income$71,254

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-8.8%
Base Case-5.9%
Bull Case-2.9%

Climate & Natural Hazard Risk

Tampa-St. Petersburg-Clearwater, FL's primary climate exposure is hurricanes (85/100). The composite climate risk score of 65/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.

Source: FEMA National Risk Index

Get the full Tampa-St. Petersburg-Clearwater dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.