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Market Snapshot

Median listing price
$526K

The median listing price in Tampa, FL ZIP 33611 is $526,450 as of June 2026.

Median rent
$2,650/mo

The median market rent in Tampa, FL ZIP 33611 is $2,650/month as of June 2026.

Days on market
234 days

The median days on market in Tampa, FL ZIP 33611 is 234 days as of June 2026. The market is currently neutral.

Gross rental yield
6.04%

At a median list price of $526,450 and a median rent of $2,650/month, the gross rental yield in Tampa, FL ZIP 33611 is 6.04% as of June 2026.

STR vs LTR
$1,993/mo STR · $2,650/mo LTR

In Tampa, FL ZIP 33611, median Airbnb revenue is $1,993/month compared to median long-term rent of $2,650/month as of June 2026.

Tampa, FL 33611 Real Estate Market Report

ZIP Code: 33611

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
223
Active Listings
136
Sold Properties
87

Market Metrics

Median Listing Price
$526,450
Median Sold Price
$492,000
Median Price per Sqft
$337/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
$2,650

Property Taxes

Property Tax Rate
1.16%

Liquidity & Velocity

Median Days on Market
234
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
down
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
elevated

Key Findings

  1. The primary indicator of market value is the median sold price: 492,000, which represents the most reliable signal of recent transaction activity and should anchor pricing decisions for both SFR and condominium listings.
  2. There is a notable gap between the 526,450 median listing price and the median sold price; this pricing spread suggests seller aspirations exceed recent transaction levels and may require concessions or price adjustments to achieve median sold outcomes.
  3. Market velocity appears slow based on the 234 median days on market, which suggests pricing friction and longer negotiation timelines; combined with a neutral market temperature, this may indicate balanced conditions rather than a clear seller advantage.
  4. Macro and demand-side pressures are mixed: year-over-year price momentum is documented as down, rent trends are down, and interest rate pressure is elevated; these factors collectively suggest caution for upward price risk and support conservative pricing and underwriting assumptions.

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

6412 S Himes Ave, Tampa, FL 33611
Top Sale

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

3 beds2 baths1,479 sqft
$2,660,000
Apr 1, 2026
$1,799/sqft/sqft
2907 W Hawthorne Rd, Tampa, FL 33611
Premium

Sold above market average

4 beds3.5 baths3,720 sqft
$2,225,000
Apr 1, 2026
$598/sqft/sqft
110 days on market
3303 W Tambay Ave, Tampa, FL 33611
Premium

Sold above market average

2 beds1 baths1,431 sqft
$2,019,350
Apr 1, 2026
$1,411/sqft/sqft
420 days on market
4105 W Fair Oaks Ave, Tampa, FL 33611
Market Benchmark

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

2 beds3 baths1,466 sqft
$535,000
Apr 1, 2026
$365/sqft/sqft
3391 days on market
4605 S Cooper Pl, Tampa, FL 33611
Market Benchmark

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

3 beds2 baths1,470 sqft
$520,000
Apr 1, 2026
$354/sqft/sqft
216 days on market
4205 S Renellie Dr, Tampa, FL 33611
Market Benchmark

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

3 beds1 baths1,383 sqft
$506,000
Mar 1, 2026
$366/sqft/sqft
1172 days on market
4103 W Pearl Ave, Tampa, FL 33611
Value

Sold below market average

1 beds1 baths1,064 sqft
$240,000
Apr 1, 2026
$226/sqft/sqft
88 days on market
4516 La Carmen Ct, Tampa, FL 33611
Value

Sold below market average

2 beds1.5 baths1,044 sqft
$200,000
Apr 1, 2026
$192/sqft/sqft

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

-$455/mo
33611 Avg Rent
33611 Cost to Own
Rent$2,650
Own$3,105

20% down, 6.50% rate, 1.2% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

33611 Avg nightly rate
33611 Avg occupancy (days/year)
Nightly rate$187/night
Occupancy123 of 365 days

Data Sources

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

Report generated: 6/1/2026

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