More than 200 days have passed since a 2,500-square-foot pool home just north of Tampa, Florida, went up for sale. Despite multiple price cuts, the seller still hasn't found a buyer. “I feel like it's never going to sell,” the homeowner wrote in a recent Reddit post that’s drawn hundreds of replies.
Market Is Tough, Especially In Florida
Originally listed at $525,000, the home is now priced at $470,000. It’s located in Spring Hill, a small town about 50 miles north of Tampa. Many commenters pointed out that homes in that area are going for much less.
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“At $470,000 you are well over the median home price by over 150k,” one person said, referencing Zillow data. Another added, “No one with a family…or under 55 would be so far away from anything.”
Others were blunt: “If it's not selling for 200 days, the price is too high,” said one of the most upvoted responses. Another simply put it: “It's not some magic solution, it's always the price.”
Falling Demand Meets Rising Costs
Florida’s housing market has been under pressure. High property insurance, limited availability of coverage, and recent changes to Federal Emergency Management Agency support have made it harder to sell. “Florida is not attractive to buyers right now,” one commenter wrote. “High insurance and interest rates ruined the market. It’s not your fault.”
Spring Hill, in particular, has been described as oversaturated. The seller agreed: “Very over-saturated market where I'm at unfortunately.”
“There are literally hundreds of posts asking why a house won't sell. Short answer: it's not 2022 anymore,” one user commented. “House values are on a decline in many areas.”
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Timing Made Things Worse
The home was purchased about four years ago, during the peak of the COVID-era housing frenzy. Several users mentioned that homes bought during 2020–2022 were often overvalued. “You bought in ’21 while the Tampa Bay Area (and FL generally) market was going hyperbolic,” one person wrote. “You’re now selling after 4 years of continuous homeowner insurance hikes.”
Another person noted, “Most who bought between 2020-2022 that are trying to sell now would not make money.”
The Emotional Toll
The homeowner admitted the situation is frustrating and financially stressful. “I am going to lose money on it,” they wrote.
Several people shared similar experiences. One person said they took a huge loss on a house in Arizona after sitting on the market for 150 days. “You just gotta accept it or your cost to carry is going to kill you,” they said.
Another repeated that view: “Acceptance that you'll be in financial loss is the first step towards financial freedom. Drop the price.”
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What Comes Next
Advice in the thread leaned toward realism. Suggestions ranged from cutting the price drastically to taking the house off the market and relisting later, or renting it out until the market recovers. “Everything will sell. Just not everything sells at the price we list them,” one person noted.
A real estate photographer added another perspective: “There definitely comes a point in a listing where the number of days on the market becomes a critical issue and reducing the price only makes things worse, not better.”
Others encouraged the seller to reset the listing and change agents. “Take it down off the market. Hire a new agent… maybe get professional staging, get some new photographs,” one person suggested.
Many believe that waiting could make things worse. “You're going to take a bit of a loss, but if you wait another 200 days, how much more will you lose? Is the time and headache worth a few extra grand?” one Redditor asked.
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