Tampa, FL 33605 Real Estate Market Report
ZIP Code: 33605
Report Date: May 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.
Market Metrics
Note: 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
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
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.
Key Findings
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The primary market signal is the median sold price of 289,900, which represents the most reliable indicator of recent transaction value in 33605 and suggests stabilization around that price level; note the median listing price remains 335,000, creating a visible gap between asking and achieved prices that may indicate pricing friction.
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Despite a neutral market temperature and a flat price year-over-year trend, the market shows neutral directional pressure on prices—use the median sold price of 289,900 as the anchor for valuation and comparables rather than listing asks when advising clients.
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Liquidity is slow: the median days on market of 372 points to extended selling timelines and slower sales velocity, which may give buyers more leverage and suggests sellers should be prepared for longer marketing periods or price adjustments.
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Interest rate dynamics and rental trends are mixed: elevated interest rate pressure combined with a rent year-over-year trend that is down creates a cautious financing and investor backdrop—refer to the median market rent of 1,825 and the median price per square foot of 230 when evaluating income assumptions, and prioritize priced-to-market listings given current financing headwinds.
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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Sold below market average
Tampa, FL 33605 Real Estate Market Report
ZIP Code: 33605
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo 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.
Market Metrics
Note: 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
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
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.
Key Findings
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The neighborhood's primary transaction indicator is the 189,900 median sold price, which anchors current market value and suggests recent transactions are occurring around this level; this figure should be treated as the most reliable price signal and a representative recent sale benchmark for comps.
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Liquidity is slow relative to typical suburban turnover, as indicated by the 305 median days on market, which suggests slower sales velocity and gives buyers more negotiation leverage in many cases.
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Price and rent context shows a 221 median price per square foot alongside a 1,800 median market rent; with rent year-over-year trend reported as down, investor yield assumptions may face short-term pressure.
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Market balance metrics point to a neutral market temperature with price year-over-year trend described as flat, but elevated interest rate pressure is present; this combination signals a stabilized market where pricing may remain range-bound and sellers should expect moderate buyer pushback on aggressive list pricing.
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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold at market average
Sold at market average
Sold at market average
Representative market sale establishing baseline for properties in the core neighborhood.
Sold at market average
Sold at market average
Sold at market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.5% rate, 1.2% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 5/1/2026
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