Tampa, FL 33614 Real Estate Market Report

ZIP Code: 33614
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: 33614) is characterized by a median sold price of $401,000, reflecting a significant adjustment in market dynamics. The neighborhood has decreased 8% since 2022, indicating a shift from previous appreciation towards stabilization. This decline in sold prices, coupled with elevated inventory levels, suggests a market that is rebalancing amid rising interest rates and increasing insurance costs, which are impacting buyer affordability.

The market is currently experiencing moderate transaction volume and slower sales velocity, with properties averaging 200 days on market. This extended time frame may indicate pricing friction as sellers adjust expectations in response to market conditions. The inventory situation shows elevated levels relative to sales activity, which could further pressure prices if demand does not strengthen in the coming months. Overall, the market temperature remains neutral, suggesting a balanced environment despite the challenges posed by external economic factors.

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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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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 Tampa, FL, around 6.00% to 6.28% are lower than the 6.87% average seen one year ago, suggesting a slight cost opportunity for refinancing property 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 $401,000 reflects an 8% decrease since 2022, indicating a significant market adjustment.

2. Properties are taking an average of 200 days on market, suggesting slower sales velocity and potential pricing friction.

3. With a median listing price of $454,900, there is a notable gap between listing and sold prices, highlighting pricing challenges for sellers.

4. The median market rent stands at $2,123, which has also seen a downward trend, contributing to a softening rental market.

5. Current interest rates are elevated, with 30-year fixed mortgage rates around 6.00% to 6.28%, suggesting increased cost pressure on buyers.

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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.