Tampa, FL 33617 Real Estate Market Report

ZIP Code: 33617
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of March 2026, the real estate market in Tampa, FL (ZIP: 33617) reflects a median sold price of $369,000, indicating a stable market despite recent fluctuations. The neighborhood has increased up since 2023, suggesting a resilient demand for housing in the area. However, the median days on market stands at 249, which points to a slower sales velocity, indicating that properties are taking longer to sell compared to previous periods.

The current market conditions reveal elevated inventory levels, with a notable gap between the median listing price of $399,500 and the median sold price. This discrepancy may indicate pricing friction as sellers adjust their expectations in response to market realities. Despite the overall neutral market temperature, the elevated interest rate pressure could further impact buyer sentiment and transaction activity in the coming months.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Tampa market average around 6.62% to 6.92%, which is slightly lower than the 6.54% to 6.73% seen in February 2026, indicating a minor cost opportunity for new financing.

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. $369,000 is the median sold price, reflecting a stable market despite recent fluctuations.

2. The median days on market is 249, indicating a slower sales velocity in the area.

3. There is a significant gap between the median listing price of $399,500 and the median sold price, suggesting potential pricing friction.

4. The market temperature is currently neutral, indicating a balanced environment for buyers and sellers.

5. $2,123 is the median market rent, which has seen a down trend year-over-year, reflecting weak rental demand.

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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.