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

The Tampa, FL (ZIP: 33614) market is currently characterized by a median sold price of $399,999.50, reflecting a stabilization phase after previous appreciation. The neighborhood has increased 0% since 2023, indicating a plateau in pricing trends. While single-family homes are experiencing modest upward price pressure, the overall market temperature is shifting toward neutral, as evidenced by slower sales velocity and elevated inventory levels. The median days on market stands at 200 days, suggesting that homes are taking longer to sell, which may indicate a cooling buyer demand amidst rising interest rates.

The median listing price is currently $450,000, creating a notable gap between asking and sold prices. This disparity may reflect seller expectations that are not aligned with current market realities, contributing to the slower transaction volume. Additionally, the median market rent is $2,123, which, combined with elevated interest rate pressure, continues to challenge affordability in the area. As the market adjusts, potential buyers may find opportunities amidst the excess supply relative to sales activity.

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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 33614 market average around 5.76% to 6.17%, which is lower than the historical average of 7.70% between 1971 and February 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 $399,999.50 indicates a stabilization in market values, with no significant change since 2023.

2. With a median days on market of 200 days, the market is experiencing slower sales velocity, suggesting potential buyer hesitance.

3. The median listing price of $450,000 reflects a gap from the sold price, indicating potential pricing friction in the market.

4. Elevated inventory levels suggest an excess supply relative to sales activity, which may lead to increased negotiation power for buyers.

5. The median market rent of $2,123 alongside rising interest rates continues to challenge affordability in the Tampa market.

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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.