JAY D'ABRAMO
Posts from June 26th, 2025
Behind the Sign: Real Stories from Tampa Bay’s Market
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Real Estate | 54 Posts
June
26
26
Down Payments Are Shrinking—What It Means for Tampa Bay Buyers in 2025
For the first time since 2023, down payments across the U.S. are trending downward. And Tampa Bay is no exception.
According to a recent Redfin report, the median down payment dropped to $62,468, reflecting a 1% decrease year-over-year. However, the average percentage of the purchase price being put down held steady at 15%, suggesting that lower home prices are helping to bring total down payment costs down—good news for local buyers.
So, what's driving this change?
Key National Trends Behind the Shift
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