2026 E-Insights Report

Zillow Home Value Index (2013-2025)

  • Home values have increased substantially across all major MSAs since 2013, with the strongest surge occurring between 2020 and 2022 as housing demand spiked nationwide.
  • Tampa Bay’s home values rose sharply over the decade, outpacing many peer metros and approaching levels seen in high-growth markets like Miami and Seattle before a slight cooling in 2025.
  • Ranking trends show Tampa Bay improving consistently through the mid-2010s, holding a competitive mid-tier position before slipping after 2022 as price growth stabilized locally while other metros continued rising.
  • Despite recent moderation, Tampa Bay remains one of the stronger long-term performers, reflecting sustained migration, affordability pressures, and robust demand.
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Trend Over Time

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Competitive Position Trend

Competitive Position Trend Line Graph

About: This indicator measures the typical home value for all homes within each Metropolitan Statistical Area (MSA), based on the Zillow Home Value Index (ZHVI). Values represent the middle price tier and track changes in overall housing market conditions. Data are monthly and aggregated to annual averages for comparison across the 20 benchmark regions in the State of the Region framework. Sources: Zillow, Zillow Home Value Index (ZHVI), 2013–2025. Data for the Metropolitan Statistical Area (MSA) level for the 20 benchmark regions.