GemHausNew report

Market Snapshot

Median listing price
$465K

The median listing price in Tampa, FL ZIP 33603 is $465,000 as of June 2026.

Median rent
$2,045/mo

The median market rent in Tampa, FL ZIP 33603 is $2,045/month as of June 2026.

Days on market
270 days

The median days on market in Tampa, FL ZIP 33603 is 270 days as of June 2026. The market is currently neutral.

Gross rental yield
5.28%

At a median list price of $465,000 and a median rent of $2,045/month, the gross rental yield in Tampa, FL ZIP 33603 is 5.28% as of June 2026.

STR vs LTR
$3,236/mo STR · $2,045/mo LTR

In Tampa, FL ZIP 33603, median Airbnb revenue is $3,236/month compared to median long-term rent of $2,045/month as of June 2026.

Tampa, FL 33603 Real Estate Market Report

ZIP Code: 33603

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
130
Active Listings
77
Sold Properties
53

Market Metrics

Median Listing Price
$465,000
Median Sold Price
$431,000
Median Price per Sqft
$314/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,045

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
1.08%

Liquidity & Velocity

Median Days on Market
270
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
flat
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Tampa FL 33603 are 6.53%, which is 0.3% higher than the 6.23% average observed earlier in 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The neighborhood's primary market signal is the median sold price: $431,000, which should be treated as the representative recent sale when setting offers, appraisals, or underwriting assumptions (representative recent sale).
  2. The median listing price: $465,000 sits above the median sold price, which suggests pricing friction between seller expectations and realized transaction prices and may indicate limited room for upside on aggressive asking prices.
  3. The median days on market: 270 indicates materially slower sales velocity and may require buyers and sellers to adjust timelines or concessions to close deals (slower transaction velocity).
  4. Macro and demand signals show price year-over-year trend: flat and market temperature: neutral while rent year-over-year trend: down; concurrently interest rate pressure: elevated with current 30-year fixed mortgage rates at 6.53% (0.3% higher than the 6.23% average observed earlier in 2026), which together suggest a cautious, balanced market where underwriting stress from rates and softening rents may constrain investor appetite (elevated interest rate pressure).

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

3401 N Jefferson St, Tampa, FL 33603
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds2 baths1,496 sqft
$2,660,000
Apr 1, 2026
$1,778/sqft/sqft
1105 W Peninsular St, Tampa, FL 33603
Premium

Sold above market average

3 beds1 baths1,411 sqft
$1,509,928
May 1, 2026
$1,070/sqft/sqft
454 days on market
1005 W Peninsular St, Tampa, FL 33603
Premium

Sold above market average

2 beds1.5 baths1,175 sqft
$1,357,700
Mar 1, 2026
$1,155/sqft/sqft
130 days on market
918 W Kentucky Ave, Tampa, FL 33603
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds1 baths1,120 sqft
$462,000
Mar 1, 2026
$413/sqft/sqft
204 days on market
4012 N Central Ave, Tampa, FL 33603
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds2 baths1,499 sqft
$459,900
Mar 1, 2026
$307/sqft/sqft
103 days on market
3108 N Tampa St, Tampa, FL 33603
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,460 sqft
$458,900
May 1, 2026
$314/sqft/sqft
1708 W Henry Ave, Tampa, FL 33603
Value

Sold below market average

2 beds1 baths973 sqft
$167,300
May 1, 2026
$172/sqft/sqft
1221 E Dr Martin Luther King Jr Blvd, Tampa, FL 33603
Value

Sold below market average

1 beds1 baths708 sqft
$140,000
Apr 1, 2026
$198/sqft/sqft
237 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$653/mo
33603 Avg Rent
33603 Cost to Own
Rent$2,045
Own$2,698

20% down, 6.53% rate, 1.1% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

33603 Avg nightly rate
33603 Avg occupancy (days/year)
Nightly rate$176/night
Occupancy170 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

GemHaus

Get personalized market intelligence

Unlock deeper property intel in Tampa, FL valuations, rent comps, operating costs, and pro-forma breakdowns.

Nearby Market Reports