Tampa, FL

Population: 358,699
Average annual home appreciation rate: 20.01%
Total of homes for sale in this market: 1,777
Median home price: $202,556
Median Rent: $1,088 per room
Home price range: 33.43% of homes are between $124,001 – $249,000
Median sales price: $145,000
Number of homes: 4,821
Median foreclosure sales price: $94,150
Foreclosure discount: 35%
Most common home type: 54.94% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 13.54%
Number of renters: 50.74%
Number of owner occupied: 49.26%
Number people living below poverty level: 21.36%
Unemployment rate: 4.80%
Is this area perfect for real estate deals going on right now? The Tampa market is a performer. There are many factors that are attractive to savvy investors taking place in Tampa right now… here are a few: 1. Lower overall home prices 2. Higher rental rates 3. Multiple vacant properties 4. Multiple troubled properties… Many other factors lead to opportunities in this market for the savvy cash investor. Tampa is definitely worth paying attention to.

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