Tampa, FL 33612 Real Estate Market Report

ZIP Code: 33612
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Tampa, FL (ZIP: 33612) is characterized by a median sold price of $330,500, reflecting a stable market environment. The neighborhood has decreased 8% since 2022, indicating a shift in market dynamics. The median days on market stands at 168, suggesting slower sales velocity and a potential adjustment period for both buyers and sellers.

Inventory levels are elevated, with a notable gap between the median listing price of $385,000 and the median sold price, which may indicate pricing friction as sellers adjust expectations in response to market conditions. Despite a neutral market temperature, the overall liquidity appears constrained, influenced by high insurance costs and elevated mortgage rates that continue to suppress affordability. This environment may make renting more appealing, as evidenced by a median market rent of $2,123.

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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.

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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.

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Rental Market

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Property Taxes

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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.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Tampa, FL 33612 area average around 5.875% to 6.19%, which is significantly lower than the 6.87% average seen one year ago, presenting a refinancing opportunity for owners with older 2026 loans.

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

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Key Findings

1. The median sold price of $330,500 reflects a stable market condition despite a recent decrease of 8% since 2022.

2. With a median days on market of 168, the market is experiencing slower sales velocity, indicating potential adjustments in buyer behavior.

3. The median listing price of $385,000 suggests pricing friction, as it exceeds the median sold price, pointing to elevated inventory levels relative to sales activity.

4. The median market rent of $2,123 is down, indicating a softening rental market that may drive more buyers to consider renting over purchasing.

5. High mortgage rates, averaging between 5.875% and 6.19%, continue to exert elevated interest rate pressure on affordability in the region.

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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.