Tampa, FL 33614 Real Estate Market Report

ZIP Code: 33614
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in Tampa, FL (ZIP: 33614) is characterized by a median sold price of $399,000, reflecting a modest adjustment in market value. The neighborhood has decreased 8% since 2022, indicating a shift in buyer sentiment and potential pricing pressures. The median listing price stands at $450,000, suggesting a notable gap between seller expectations and actual market transactions, which may contribute to slower sales activity and longer time on the market.

Current market conditions reveal median days on market at 259, indicative of a slower sales velocity. Elevated inventory levels are present, with a notable excess supply relative to sales activity. This trend suggests that the market may be transitioning towards a more balanced state, although the overall market temperature remains neutral. Despite the cooling in sales, rental demand persists, with a median market rent of $2,123, reflecting ongoing interest in rental properties in the area.

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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 Tampa, FL are averaging 6.54% as of February 2026, which is 0.76% higher than the average rate of 5.78% seen in early 2026.

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 $399,000 indicates a potential pricing adjustment in the market, having decreased 8% since 2022.

2. With a median listing price of $450,000, there is a significant gap between asking prices and recent sales, suggesting pricing friction for sellers.

3. The median days on market of 259 reflects a slower sales velocity, indicating that properties are taking longer to sell.

4. Elevated inventory levels suggest excess supply relative to sales activity, which may pressure prices further.

5. The median market rent of $2,123 indicates strong rental demand, despite a down trend in rent year-over-year.

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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.