Hillsborough Market Update June 2026
This post provides a summary of the current real estate market trends in Tampa, along with some insights.
T. Craig
7/21/20261 min read
📊 Hillsborough County Real Estate Update: June 2026
Hey neighbors! The latest official numbers from the Suncoast Tampa Association of Realtors are in for June 2026, and the local housing market is showing some very interesting trends. Whether you are thinking about selling, looking to buy, or just keeping an eye on your home's value, here is exactly what happened last month across our community:
🏠 Single-Family Homes
Median Sale Price: Rose slightly to $445,155, a 1.2% increase compared to last June.
Average Sale Price: Jumped 6.6% to $610,895, fueled by strong gains in the luxury segment.
Inventory Drop: Active listings fell significantly by 14.9% down to 4,418 homes, meaning buyers have fewer options to choose from.
Months Supply: Dropped to 3.7 months. Since a balanced market sits at 5.5 months, we remain firmly in a seller's market.
🏙️ Townhomes & Condos
Surge in Sales: Closed sales spiked by 16.6% with 415 units closing.
Median Sale Price: Dipped 4.4% down to $270,000.
Average Sale Price: Rose sharply by 33.2% to $457,577, indicating some high-value premium condo sales closed last month.
Months Supply: Settled at 5.5 months, representing a textbook perfectly balanced market for buyers and sellers alike.
💡 What This Means For You
With single-family home inventory shrinking and average prices rising, homeowners are still sitting on great equity. However, properties are taking a little longer to head to contract—averaging 31 days for single-family homes and 41 days for condos—meaning strategic pricing and marketing are more critical than ever.
Looking to make a move? Keep more of your hard-earned equity with our 1% Listing Solution.
To see how much your home is worth in today's changing market or to learn more about how we save our clients thousands in fees, visit our website at ToddCraigRealty.com!