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Market Snapshot

Median listing price
$468K

The median listing price in Tampa, FL ZIP 33607 is $467,500 as of June 2026.

Median rent
$2,441/mo

The median market rent in Tampa, FL ZIP 33607 is $2,441/month as of June 2026.

Days on market
304 days

The median days on market in Tampa, FL ZIP 33607 is 304 days as of June 2026. The market is currently cold.

Gross rental yield
6.27%

At a median list price of $467,500 and a median rent of $2,441/month, the gross rental yield in Tampa, FL ZIP 33607 is 6.27% as of June 2026.

STR vs LTR
$2,273/mo STR · $2,441/mo LTR

In Tampa, FL ZIP 33607, median Airbnb revenue is $2,273/month compared to median long-term rent of $2,441/month as of June 2026.

Tampa, FL 33607 Real Estate Market Report

ZIP Code: 33607

Report Date: June 2026

Market Temperature:
COLD

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
114
Active Listings
69
Sold Properties
45

Market Metrics

Median Listing Price
$467,500
Median Sold Price
$288,982
Median Price per Sqft
$291/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
$2,441

Property Taxes

Property Tax Rate
1.13%

Liquidity & Velocity

Median Days on Market
304
Sale-to-List Ratio
100.0%

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 Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Price YoY Trend
down
Market Temperature
cold
Rent YoY Trend
up
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, are averaging approximately 6.5% as of June 2026, which reflects the prevailing market environment for property owners in this area.

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 <b>median sold price</b> of $288,982, which represents the clearest indicator of realised market value and recent transaction activity in the area; given the data, this suggests pricing is softer than asking expectations.
  2. There is a pronounced gap between the <b>median listing price</b> of $467,500 and the <b>median sold price</b> of $288,982, which may indicate pricing friction and seller expectation mismatch versus transaction reality; sellers should consider aligning pricing to recent sales to improve liquidity. down
  3. Market velocity appears slow: the <b>median days on market</b> is 304, consistent with a cooler selling environment and cold market conditions; this slower turnover suggests buyers can negotiate more concessions and sellers should plan for longer marketing periods.
  4. Rental fundamentals are comparatively strong: the <b>median market rent</b> of $2,441 and a <b>median price per square foot</b> of $291 accompany an up rent year-over-year trend, indicating continued demand for rental housing even as sales soften; investors focused on cash flow should weigh extended listing periods against rental income upside while accounting for 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

4035 N River View Ave, Tampa, FL 33607
Top Sale

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

3 beds3 baths3,225 sqft
$1,400,000
Mar 1, 2026
$434/sqft/sqft
452 days on market
3315 W Grace St, Tampa, FL 33607
Premium

Sold above market average

2 beds1 baths936 sqft
$1,270,000
Mar 1, 2026
$1,357/sqft/sqft
102 days on market
2905 W Arch St, Tampa, FL 33607
Premium

Sold above market average

3 beds1 baths864 sqft
$1,012,500
Mar 1, 2026
$1,172/sqft/sqft
122 days on market
1702 W Saint Conrad St, Tampa, FL 33607
Value

Below-market acquisition. Investor purchase with value-add potential through renovation.

4 beds2.5 baths2,558 sqft
$385,000
May 1, 2026
$151/sqft/sqft
11 days on market
2101 W Cherry St, Tampa, FL 33607
Premium

Sold above market average

3 beds2 baths1,050 sqft
$374,500
May 1, 2026
$357/sqft/sqft
444 days on market
4107 W Grace St, Tampa, FL 33607
Market Benchmark

Sold at market average

2 beds2 baths1,228 sqft
$370,000
May 1, 2026
$301/sqft/sqft
4525 days on market
2711 W Arch St, Tampa, FL 33607
Market Benchmark

Sold at market average

3 beds1 baths1,211 sqft
$370,000
Apr 1, 2026
$306/sqft/sqft
2737 W Green St, Tampa, FL 33607
Value

Sold below market average

2 beds1 baths829 sqft
$160,000
Apr 1, 2026
$193/sqft/sqft
151 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

$619/mo
33607 Avg Rent
33607 Cost to Own
Rent$2,441
Own$1,822

20% down, 6.53% rate, 1.1% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

33607 Avg nightly rate
33607 Avg occupancy (days/year)
Nightly rate$176/night
Occupancy162 of 365 days

Data Sources

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

Report generated: 6/1/2026

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