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Tampa, FL 33612 Real Estate Market Report

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


Executive Overview

The median sold price in Tampa, FL (ZIP: 33612) is currently $309,900, reflecting a market that has decreased 8% since 2022. This decline indicates a shift in market dynamics, where buyers may find more favorable conditions as inventory levels remain elevated. The market appears to be stabilizing after a period of rapid growth, with longer days on market and increased inventory suggesting a transition towards a more balanced environment.

With a median days on market of 244, properties are taking significantly longer to sell, which may indicate a slower sales velocity. The elevated inventory levels combined with a neutral market temperature suggest that while there is moderate transaction activity, the overall market is experiencing pricing friction. This scenario may provide opportunities for buyers, particularly in light of the $367,445 median listing price, which exceeds the median sold price, indicating potential adjustments in seller expectations.


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
118
Active Listings
59
Sold Properties
59

Market Metrics

Median Listing Price
$367,445
Median Sold Price
$309,900
Median Price per Sqft
$235/sqft

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

Median Market Rent
$2,123
Rent Range
$1,381 - $2,603

Property Taxes

Property Tax Rate
0.92%

Liquidity & Velocity

Median Days on Market
244
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 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 median sold price of $309,900 suggests a decreasing trend in property values, reflecting a market adjustment.

  2. Properties are spending an average of 244 days on market, indicating a slower sales velocity and potential buyer hesitance.

  3. The median listing price of $367,445 shows a significant gap compared to the sold price, which may lead to pricing friction as sellers adjust expectations.

  4. Elevated inventory levels relative to sales activity indicate excess supply, providing buyers with more options in the market.

  5. The median market rent of $2,123 has also seen a down trend year-over-year, suggesting a cooling rental market.


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

11505 Joshuas Bend Dr, Tampa, FL 33612
Top Sale

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

4 beds
3.5 baths
3,269 sqft
$785,000
Jan 1, 2026
$240/sqft/sqft
71 days on market
519 W 122nd Ave, Tampa, FL 33612
Premium

Sold above market average

4 beds
3 baths
2,322 sqft
$699,000
Feb 1, 2026
$301/sqft/sqft
186 days on market
12715 Linda Dr, Tampa, FL 33612
Market Benchmark

Sold at market average

3 beds
3 baths
2,630 sqft
$625,000
Mar 1, 2026
$238/sqft/sqft
96 days on market
306 E 119th Ave, Tampa, FL 33612
Market Benchmark

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

3 beds
2 baths
1,460 sqft
$292,000
Mar 1, 2026
$200/sqft/sqft
82 days on market
10945 N Boulevard, Tampa, FL 33612
Market Benchmark

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

3 beds
2 baths
1,403 sqft
$281,000
Jan 1, 2026
$200/sqft/sqft
2428 N Ramona Cir, Tampa, FL 33612
Market Benchmark

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

1 beds
1 baths
944 sqft
$279,990
Jan 1, 2026
$297/sqft/sqft
204 days on market
917 E Poinsettia Ave, Tampa, FL 33612
Quick Flip

Sold below market average

3 beds
2 baths
1,056 sqft
$5,000
Feb 1, 2026
$5/sqft/sqft
73 days on market
1808 Heather Ave, Tampa, FL 33612
Quick Flip

Sold below market average

3 beds
1 baths
1,445 sqft
$1,100
Feb 1, 2026
$1/sqft/sqft
3366 days on market

Data Sources

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

Report generated: 4/1/2026

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