Housing prices have been climbing at a rapid rate to an average price of $350,000 in the Tampa Bay area. Compare that to Tampa’s average annual salary of $66,000, according to Payscale.com.
When it comes to home prices, Realtor.com’s June Monthly Housing Market Trends Report has Tampa/St. Pete/Clearwater’s median listing price at $350,000, up nearly 20 percent year over year. In comparison, Miami’s is $447,000, while Orlando’s is $356,000.
If you’re looking for a single-family home, your dollar will stretch far further in a different zip code.