Tampa, FL 33617 Real Estate Market Report

ZIP Code: 33617
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.

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Key Findings

1. The primary indicator of market value is the median sold price at $350,000, and with the price year-over-year trend showing up, recent transactions suggest upward pressure despite a notable gap versus the median listing price of $395,900, which may create pricing friction between seller expectations and closed deals.

2. The market exhibits slower transaction velocity indicated by a median days on market of 265 days, which, combined with a relatively constrained active supply in the sample, appears to signal slower sales velocity rather than immediate distress.

3. Pricing context shows a median price per square foot of $220 alongside a median market rent of $1,683; with the rent year-over-year trend down, rental income expectations may be softening even as property price momentum is upward.

4. Market temperature is neutral and interest rate pressure is elevated, where the neutral market temperature suggests a balanced negotiation environment but the elevated interest rate pressure may keep buyer demand cautious and temper near-term upside.

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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 33617 Real Estate Market Report

ZIP Code: 33617
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

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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.

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Key Findings

1. The primary market-value signal is the median sold price of 154,750, which should be treated as the representative recent sale benchmark for valuation and comps; given the median listing price of 150,000, seller expectations are slightly below the most recent transaction level, which may indicate selective pricing gaps between asking and completed sales. balanced transaction context

2. The market shows slower sales velocity: the median days on market of 296 is lengthy and suggests pricing friction and extended marketing times, so sellers should expect longer listing periods and buyers may gain negotiation leverage on condition and repairs.

3. Macro and local trend signals are mixed: the price year-over-year trend is up while the market temperature is neutral, implying rising prices but an overall balanced market; up price momentum exists but does not yet translate to a hot market environment.

4. Financial and rental pressures add caution: interest rate pressure is elevated and rent year-over-year trend is down, which together may constrain buyer affordability and near-term investor returns—elevated interest rate pressure could temper demand and support a neutral-to-cautious stance for new acquisitions.

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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.