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Metropolitan area

Tampa-St. Petersburg-Clearwater, FL

Florida · 4 counties · 3,418,895 residents (2025 est.)

FHFA annual index 1975–2025Developmental CBSA indexPermits through August 2026
FHFA house price index for Tampa-St. Petersburg-Clearwater, FL, annual from 1975 to 2025, with the national index rebased to the same start and NBER recessions shadedRecession 1973–75Recession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202005001,0001,50019801990200020102020United States2025: 1,232
Tampa-St. Petersburg-Clearwater (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its annual CBSA indexes as developmental and subject to revision. The index does not give a dollar value for any home.

The Tampa-St. Petersburg-Clearwater, FL metropolitan area covers 4 counties. Its FHFA house price index, starting in 1975, stood at 1232 in 2025, +1131.6% above the base of 100.

Over the ten years to 2025 the annual index rose +146.3% (+9.4% a year), well above Florida at +126.8% and well above the national +85.0%.

From a 2006 peak the index fell −42.2% to 2012, regaining the peak in 2019.

Across its counties, 21,544 housing units were authorised in the 12 months to August 2026, 6.3 per 1,000 residents, +5.2% on the previous 12 months.

−0.8%1 year, 2024–2025US +2.8%
+63.6%5 yearsUS +47.0%
+146.3%10 years+9.4% a year annualised
+292.4%since 2000US +158.3%
21,544units permitted, 12 months6.3 per 1,000 residents

Same span, three levels

Change in the FHFA indexTampa-St. Petersburg-ClearwaterFloridaUnited States
1 year (2024–2025)−0.8%−0.5%+2.8%
5 years (2020–2025)+63.6%+59.9%+47.0%
10 years (2015–2025)+146.3%+126.8%+85.0%
20 years (2005–2025)+115.1%+89.6%+79.1%
Since 2000+292.4%+264.2%+158.3%
Since 1975+1131.6%+927.1%+960.7%
10-year annualised+9.4%+8.5%+6.3%
20-year annualised+3.9%+3.3%+3.0%

FHFA annual all-transactions indexes over identical years.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+53.5%+68.2%
1990s (1990–2000)+36.9%+33.9%
2000s (2000–2010)+34.2%+29.7%
2010s (2010–2020)+78.7%+35.5%
2020s so far (2020–2025)+63.6%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
20062012−42.2%2019

Building permits across the area

Housing units authorised in the area's 4 counties (OMB July 2023 delineations), summed from county files.

Housing units authorised in the Tampa-St. Petersburg-Clearwater, FL area by month, latest 12 months01,0002,0003,000Sep 2025: 1,580 units (1,061 single-family, 519 in multi-unit buildings)Sep 2025Oct 2025: 2,427 units (1,287 single-family, 1,140 in multi-unit buildings)Oct 2025Nov 2025: 1,208 units (864 single-family, 344 in multi-unit buildings)Nov 2025Dec 2025: 1,233 units (933 single-family, 300 in multi-unit buildings)Dec 2025Jan 2026: 1,255 units (1,120 single-family, 135 in multi-unit buildings)Jan 2026Feb 2026: 1,776 units (1,154 single-family, 622 in multi-unit buildings)Feb 2026Mar 2026: 1,586 units (1,176 single-family, 410 in multi-unit buildings)Mar 2026Apr 2026: 1,599 units (1,198 single-family, 401 in multi-unit buildings)Apr 2026May 2026: 2,505 units (1,141 single-family, 1,364 in multi-unit buildings)May 2026Jun 2026: 1,842 units (1,248 single-family, 594 in multi-unit buildings)Jun 2026Jul 2026: 2,473 units (1,161 single-family, 1,312 in multi-unit buildings)Jul 2026Aug 2026: 2,060 units (1,282 single-family, 778 in multi-unit buildings)Aug 2026

Housing units authorised in the Tampa-St. Petersburg-Clearwater, FL area by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in the Tampa-St. Petersburg-Clearwater, FL area by month, latest 60 months02,0004,000Sep 2021: 2,025 units (1,838 single-family, 187 in multi-unit buildings)Sep 2021Oct 2021: 1,394 units (1,133 single-family, 261 in multi-unit buildings)Nov 2021: 1,567 units (1,307 single-family, 260 in multi-unit buildings)Dec 2021: 1,978 units (1,350 single-family, 628 in multi-unit buildings)Jan 2022: 1,546 units (1,472 single-family, 74 in multi-unit buildings)Feb 2022: 1,729 units (1,127 single-family, 602 in multi-unit buildings)Mar 2022: 1,532 units (1,153 single-family, 379 in multi-unit buildings)Apr 2022: 1,719 units (1,403 single-family, 316 in multi-unit buildings)May 2022: 2,313 units (1,603 single-family, 710 in multi-unit buildings)Jun 2022: 3,008 units (1,181 single-family, 1,827 in multi-unit buildings)Jul 2022: 2,415 units (1,268 single-family, 1,147 in multi-unit buildings)Aug 2022: 2,818 units (1,288 single-family, 1,530 in multi-unit buildings)Sep 2022: 2,061 units (1,075 single-family, 986 in multi-unit buildings)Sep 2022Oct 2022: 2,770 units (1,094 single-family, 1,676 in multi-unit buildings)Nov 2022: 2,692 units (1,058 single-family, 1,634 in multi-unit buildings)Dec 2022: 2,176 units (882 single-family, 1,294 in multi-unit buildings)Jan 2023: 2,110 units (954 single-family, 1,156 in multi-unit buildings)Feb 2023: 1,966 units (972 single-family, 994 in multi-unit buildings)Mar 2023: 2,174 units (1,261 single-family, 913 in multi-unit buildings)Apr 2023: 1,591 units (1,031 single-family, 560 in multi-unit buildings)May 2023: 1,843 units (1,395 single-family, 448 in multi-unit buildings)Jun 2023: 1,948 units (1,316 single-family, 632 in multi-unit buildings)Jul 2023: 1,245 units (1,114 single-family, 131 in multi-unit buildings)Aug 2023: 1,689 units (1,301 single-family, 388 in multi-unit buildings)Sep 2023: 1,630 units (1,238 single-family, 392 in multi-unit buildings)Sep 2023Oct 2023: 2,213 units (1,318 single-family, 895 in multi-unit buildings)Nov 2023: 2,568 units (1,292 single-family, 1,276 in multi-unit buildings)Dec 2023: 1,983 units (1,310 single-family, 673 in multi-unit buildings)Jan 2024: 1,934 units (1,588 single-family, 346 in multi-unit buildings)Feb 2024: 1,548 units (1,343 single-family, 205 in multi-unit buildings)Mar 2024: 2,185 units (1,135 single-family, 1,050 in multi-unit buildings)Apr 2024: 2,877 units (1,268 single-family, 1,609 in multi-unit buildings)May 2024: 2,723 units (1,506 single-family, 1,217 in multi-unit buildings)Jun 2024: 2,057 units (1,288 single-family, 769 in multi-unit buildings)Jul 2024: 2,402 units (1,348 single-family, 1,054 in multi-unit buildings)Aug 2024: 1,984 units (1,057 single-family, 927 in multi-unit buildings)Sep 2024: 993 units (701 single-family, 292 in multi-unit buildings)Sep 2024Oct 2024: 1,058 units (858 single-family, 200 in multi-unit buildings)Nov 2024: 921 units (905 single-family, 16 in multi-unit buildings)Dec 2024: 949 units (919 single-family, 30 in multi-unit buildings)Jan 2025: 2,172 units (1,091 single-family, 1,081 in multi-unit buildings)Feb 2025: 1,773 units (891 single-family, 882 in multi-unit buildings)Mar 2025: 1,356 units (1,210 single-family, 146 in multi-unit buildings)Apr 2025: 1,741 units (1,293 single-family, 448 in multi-unit buildings)May 2025: 2,426 units (1,336 single-family, 1,090 in multi-unit buildings)Jun 2025: 2,436 units (1,266 single-family, 1,170 in multi-unit buildings)Jul 2025: 1,747 units (1,140 single-family, 607 in multi-unit buildings)Aug 2025: 2,908 units (1,324 single-family, 1,584 in multi-unit buildings)Sep 2025: 1,580 units (1,061 single-family, 519 in multi-unit buildings)Sep 2025Oct 2025: 2,427 units (1,287 single-family, 1,140 in multi-unit buildings)Nov 2025: 1,208 units (864 single-family, 344 in multi-unit buildings)Dec 2025: 1,233 units (933 single-family, 300 in multi-unit buildings)Jan 2026: 1,255 units (1,120 single-family, 135 in multi-unit buildings)Feb 2026: 1,776 units (1,154 single-family, 622 in multi-unit buildings)Mar 2026: 1,586 units (1,176 single-family, 410 in multi-unit buildings)Apr 2026: 1,599 units (1,198 single-family, 401 in multi-unit buildings)May 2026: 2,505 units (1,141 single-family, 1,364 in multi-unit buildings)Jun 2026: 1,842 units (1,248 single-family, 594 in multi-unit buildings)Jul 2026: 2,473 units (1,161 single-family, 1,312 in multi-unit buildings)Aug 2026: 2,060 units (1,282 single-family, 778 in multi-unit buildings)

Housing units authorised in the Tampa-St. Petersburg-Clearwater, FL area by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in the Tampa-St. Petersburg-Clearwater, FL area by year, 1995–2025020,00040,0001995: 9,405 units (9,405 single-family, 0 in multi-unit buildings)19951996: 10,006 units (10,006 single-family, 0 in multi-unit buildings)1997: 10,745 units (10,745 single-family, 0 in multi-unit buildings)1998: 11,573 units (11,573 single-family, 0 in multi-unit buildings)1999: 22,980 units (13,309 single-family, 9,671 in multi-unit buildings)2000: 19,244 units (13,293 single-family, 5,951 in multi-unit buildings)20002001: 21,814 units (15,826 single-family, 5,988 in multi-unit buildings)2002: 23,542 units (17,546 single-family, 5,996 in multi-unit buildings)2003: 29,281 units (20,178 single-family, 9,103 in multi-unit buildings)2004: 29,557 units (23,081 single-family, 6,476 in multi-unit buildings)2005: 34,174 units (27,643 single-family, 6,531 in multi-unit buildings)20052006: 22,640 units (18,294 single-family, 4,346 in multi-unit buildings)2007: 12,249 units (8,054 single-family, 4,195 in multi-unit buildings)2008: 9,613 units (5,093 single-family, 4,520 in multi-unit buildings)2009: 6,962 units (3,923 single-family, 3,039 in multi-unit buildings)2010: 6,501 units (4,396 single-family, 2,105 in multi-unit buildings)20102011: 6,342 units (4,511 single-family, 1,831 in multi-unit buildings)2012: 10,161 units (5,883 single-family, 4,278 in multi-unit buildings)2013: 12,152 units (7,314 single-family, 4,838 in multi-unit buildings)2014: 12,386 units (7,267 single-family, 5,119 in multi-unit buildings)2015: 15,653 units (9,739 single-family, 5,914 in multi-unit buildings)20152016: 17,752 units (10,685 single-family, 7,067 in multi-unit buildings)2017: 18,268 units (12,732 single-family, 5,536 in multi-unit buildings)2018: 17,452 units (14,228 single-family, 3,224 in multi-unit buildings)2019: 23,540 units (14,670 single-family, 8,870 in multi-unit buildings)2020: 20,348 units (16,088 single-family, 4,260 in multi-unit buildings)20202021: 24,831 units (19,305 single-family, 5,526 in multi-unit buildings)2022: 29,968 units (15,678 single-family, 14,290 in multi-unit buildings)2023: 25,386 units (14,852 single-family, 10,534 in multi-unit buildings)2024: 20,950 units (13,205 single-family, 7,745 in multi-unit buildings)2025: 22,747 units (13,596 single-family, 9,151 in multi-unit buildings)2025

Housing units authorised in the Tampa-St. Petersburg-Clearwater, FL area by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026This areaFloridaUnited States
Housing units authorised21,544158,3701,418,086
Units per 1,000 residents6.36.74.1
Single-family share63%69%63%
Change on previous 12 months+5.2%−7.4%−0.1%

Counties in the area

Ranked by ten-year change in FHFA's county index to 2025; permits are the latest 12 months.

CountyState1 year10 yearsUnits, 12 monthsPer 1,000
Hernando CountyFL−0.6%+172.5%1,8468.3
Pasco CountyFL−2.6%+166.9%8,56112.7
Pinellas CountyFL−2.0%+145.4%4,0934.3
Hillsborough CountyFL+1.7%+139.6%7,0444.5

Questions and answers

How much have home values in the Tampa-St. Petersburg-Clearwater, FL area risen over 10 years?

The FHFA annual index rose +146.3% between 2015 and 2025, about +9.4% a year. Over 20 years: +115.1%; since 2000: +292.4%.

Which counties in the Tampa-St. Petersburg-Clearwater, FL area rose most?

By ten-year change to 2025: Hernando County (+172.5%), Pasco County (+166.9%) and Pinellas County (+145.4%).

What happened to Tampa-St. Petersburg-Clearwater, FL prices after 2007?

The index peaked in 2006, fell −42.2% to 2012 and regained the peak in 2019. Nationally: −21.3% from 2007 to 2012.

How many homes are being built in the Tampa-St. Petersburg-Clearwater, FL area?

21,544 housing units were authorised across the area's counties in the 12 months to August 2026, 63% of them single-family, 6.3 per 1,000 residents.

Where does this data come from?

FHFA's annual CBSA house price index (developmental, updated March 31, 2026); Census Bureau building permits summed over member counties (OMB July 2023 delineations) through August 2026; vintage 2025 population estimates.

Provenance

Index: Federal Housing Finance Agency, annual house price index for core based statistical areas (all-transactions, developmental), last updated March 31, 2026, values 1975–2025. Permits: Census Bureau Building Permits Survey county files through August 2026, summed over member counties from OMB's July 2023 delineations. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.