If you want to buy a home in Tampa, you may be curious about how far your money will go. With $300,000 to spend, you can absolutely buy a home in the city. You might even be able to purchase a bigger property - or one with more land - outside of the city in one of Tampa’s many affordable suburbs.

At Eaton Realty, we work with clients buying homes at all price points. Our goal is to get you into a house you can afford - and that is absolutely perfect for you. If you’re in the market for a home under $300,000 in Hillsborough County, check out the great listings below.

Is Buying a Home Under $300,000 in Tampa a Good Deal?

The median home price in Tampa is around $410,000. This means that $410,000 is the middle number among all the homes sold in Tampa during a set time period. As a result, there are often plenty of properties for around $300,000 on the market.

These numbers also mean that $300,000 is below the typical price for a home in the city of Tampa. Depending on the property and location, $300,000 could be a good deal. For example, a $300,000 single-family house in an up-and-coming neighborhood could be a great purchase - and a way to build equity over time.

Of course, a $300,000 home could also be a bad investment. The house may need so much work that it becomes a money pit. Alternatively, maybe the neighborhood is in decline, and the value of your home will do down over time.

Ultimately, whether or not a $300,000 house is a good deal in Tampa is extremely fact-dependent. There are plenty of great homes to be had for $300,000 or less in Tampa. Our experienced Tampa real estate agents can offer you their expert advice and opinions based on your specific needs and budget.

Homes Available for Under $300,000 in Tampa

Tampa features a range of housing options. From large estates to apartments, there is something for everyone in Tampa. 

If your budget is $300,000 or less, your options will be smaller homes, townhouses, and condominiums. Generally, a home in this price range will be under 2,000 square feet and have 2 to 3 bedrooms and 1 - 2 baths. Many houses listed for under $300,000 will be older and may require some updating.

It isn’t unusual for Eaton Realty to have hundreds of properties available for $300,000 or less. We will work with you to help you find the ideal home based on your needs AND budget. We will listen to your concerns and goals and then find a property that is perfect for you.

Places to Find a Home under $300,000 in Hillsborough County

Depending on where you want to live in Tampa - and the type of home you want - it is possible to purchase a home in the city for under $300,000. However, if you want more proverbial “bang for the buck,” you might consider looking outside of Tampa proper. The bedroom communities and suburbs surrounding Tampa often offer great deals for home buyers.

Brandon

Located just 11 miles east of Tampa, Brandon has quickly become a popular place for people looking to escape the hustle and bustle of the city - and find a more affordable house. With approximately 115,000 residents, the Brandon area is a great place to live.

The average home value in Brandon is currently $350,000. This means that there are usually a good number of homes for under $300,000. Eaton Realty often has dozens of listings for these homes, which typically include smaller single-family homes and townhouses.

Valrico

Approximately 15 miles from Tampa, Valrico is a small town of just under 40,000 people. Because Tampa is a short drive away, Valrico attracts many people who work in the city - and live in the more serene town.

The median sale price for a home in Valrico is currently $410,000. While there aren’t as many sub-300k homes for sale in Valrico, there are still plenty of townhouses and single-family homes for sale in the area. If you’re in the market, Eaton Realty can show you properties in the $250,000+ range in Valrico.

Riverview

Riverview is just 12 miles southeast of Tampa. It is considered one of Tampa’s top suburbs. It is affordable and rates high on livability assessments. It has a family-friendly atmosphere and a great economy.

The median sale price for a home in Riverview is $392,500. At Eaton Realty, we routinely have dozens of homes for sale at this price point in Riverview. Generally, you can expect to purchase a house or townhouse under 2,000 square feet for this price.

Plant City

Located almost 25 miles west of Tampa, Plant City is one of the most affordable cities in Hillsborough County. This agricultural community is known for its strawberries - and for hosting Florida’s Strawberry Festival.

The median sale price for a home in Plant City is $312,000. For this price range, you can expect a smaller single-family home or even a plot of land on which you can build a house. Reach out to Eaton Realty today to learn more about Plant City homes for sale.

Dover

Dover is a small town of about 3,000 people located about 25 miles outside of Tampa. While Dover is small, it has a lot of charm. It is family-friendly, with nearly half of the households in the town having children under the age of 18 living there.

The average home value in Dover is $419,094. While Dover skews higher on home sale prices, there are still great homes available for $300,000 or less in the town. You can also purchase land in Dover if you are interested in building a house.

Temple Terrace

Temple Terrace borders Tampa, making it one of the closest suburbs where you can buy a house for under $300,000 in Hillsborough County. Many residents of this smaller community have ties to the nearby University of South Florida. It is known for its sand live oak trees and great views of the Hillsborough River.

The median sale price for homes in Temple Terrace is $335,000. Many homes in the city are available for well under $300,000. Typically, homes available in this price range are smaller older homes or townhouses.

Of course, you aren’t limited to these towns and cities if you are looking for a house on a more limited budget in Hillsborough County. 

Find Your Next Home With The Help Of An Experienced Tampa Realtor

The Hillsborough County Realtors of Eaton Realty understand that not all clients can afford a $500,000+ home. We want to ensure you find the right home for your needs and finances. We can help you explore various places throughout West Central Florida where your dollar may go further. Whether you are into city living or prefer a more rural setting, we can make it happen.

If you are searching for a house in the $300,000 or less price range, we can help. Contact us today to learn more about our home-buying services from a Tampa real estate agent.