Although the housing market is cooling across the nation, home prices in the Tampa Bay area are still far higher than before the pandemic, according to the latest Zillow report.
Home sales are slowing down as rising mortgage rates drive up monthly payments.
The data shows that newly pending listings nationwide are down 18% from August and 29% since 2021 across the U.S. as affordability challenges mount.
Homes in Tampa Bay saw a typical home value of $391,114, a 0.2% decrease since August, but…
