Tampa, FL 33614 Real Estate Market Report

ZIP Code: 33614
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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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 33614 market are approximately 6.3% as of May 2026, reflecting a period of rate volatility compared to the sub-6% levels seen earlier in the year.

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 primary market value indicator is the $399,450 median sold price, which represents the most reliable signal of recent transaction activity in the ZIP and should be used to benchmark offer strategies.

2. The $497,400 median listing price suggests a meaningful asking-versus-transaction gap that may indicate pricing friction and could lead sellers to moderate expectations to align with realized sale levels.

3. The 280 median days on market points to slower sales velocity and reduced liquidity; sellers and investors should expect extended marketing timelines and consider price or condition adjustments to accelerate transactions (down).

4. Current financing conditions are a headwind: 6.3% current 30-year fixed mortgage rates in the market, paired with elevated interest rate pressure, may suppress buyer purchasing power and support a cautious pricing posture given the down price year-over-year trend.

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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.

Tampa, FL 33614 Real Estate Market Report

ZIP Code: 33614
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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 33614 market are approximately 6.3% as of May 2026, reflecting a period of rate volatility compared to the sub-6% levels seen earlier in the year.

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. median sold price: $134,950 is the best indicator of recent transaction value in 33614 and, when read against the median listing price: $150,000, suggests a gap between asking and achieved prices that may indicate pricing friction and seller concessions are present; down price momentum further supports this interpretation.

2. median days on market: 316 points to slower sales velocity and reduced liquidity compared with faster-moving cycles, which, combined with neutral market temperature, suggests a balanced but cooling market where transactions take longer to close.

3. The sample-level supply signal has been described as relatively constrained active supply in the analyzed dataset, which may coexist with slower transaction throughput and create pockets of localized competition for well-priced SFR and condominium listings; interest rate pressure is noteworthy because Current 30-year fixed mortgage rates in the Tampa 33614 market are approximately 6.3% as of May 2026, contributing to buyer sensitivity.

4. Rents are softening: median market rent: $1,449 with a down rent year-over-year trend, which may temper investor appetite for buy-and-hold strategies that rely on near-term rental growth.

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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.