GemHausNew report

Market Snapshot

Median listing price
$385K

The median listing price in Tampa, FL ZIP 33617 is $385,000 as of June 2026.

Median rent
$1,645/mo

The median market rent in Tampa, FL ZIP 33617 is $1,645/month as of June 2026.

Days on market
265 days

The median days on market in Tampa, FL ZIP 33617 is 265 days as of June 2026. The market is currently neutral.

Gross rental yield
5.13%

At a median list price of $385,000 and a median rent of $1,645/month, the gross rental yield in Tampa, FL ZIP 33617 is 5.13% as of June 2026.

STR vs LTR
$2,574/mo STR · $1,645/mo LTR

In Tampa, FL ZIP 33617, median Airbnb revenue is $2,574/month compared to median long-term rent of $1,645/month as of June 2026.

Tampa, FL 33617 Real Estate Market Report

ZIP Code: 33617

Report Date: June 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.


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.

Analysis Window
90 Days
Total Properties Analyzed
135
Active Listings
82
Sold Properties
53

Market Metrics

Median Listing Price
$385,000
Median Sold Price
$360,000
Median Price per Sqft
$223/sqft

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.


Rental Market

Median Market Rent
$1,645

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.


Property Taxes

Property Tax Rate
1.03%

Liquidity & Velocity

Median Days on Market
265
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Tampa 33617 market average 6.4%, reflecting a stable environment for property owners compared to the 2026 annual average of 6.1%.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The primary market value indicator is the median sold price of 360,000, which reflects recent transaction activity and suggests realized market value is below asking levels in this sample; sellers appear to be adjusting expectations against the median listing price of 385,000.
  2. Liquidity is soft with a median days on market of 265, which indicates slower sales velocity and suggests more time-to-contract than in hotter markets; this may require sellers to price more competitively or offer concessions to transact.
  3. Price direction shows a local upward signal—up—while the market temperature is neutral, implying balanced conditions that are tilting toward buyer opportunities as inventory rises and selling times lengthen.
  4. Financing and rent context: interest rate pressure is described as elevated, with local 30-year fixed mortgage rates averaging 6.4% compared to a 2026 annual average of 6.1%, and rental trends show the market rent of 1,645 with year-over-year rental movement down, which may weigh on investor cashflow assumptions and reduce urgency among buyer-occupiers.

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.

Recent Transactions

1221 N Riverhills Dr, Temple Terrace, FL 33617
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds3.5 baths3,023 sqft
$925,000
Mar 1, 2026
$306/sqft/sqft
192 days on market
11507 Moffat Pl, Temple Terrace, FL 33617
Premium

Sold above market average

4 beds3 baths2,421 sqft
$611,000
Apr 1, 2026
$252/sqft/sqft
126 days on market
12105 N 53rd St, Temple Terrace, FL 33617
Premium

Sold above market average

3 beds2 baths1,566 sqft
$530,000
Mar 1, 2026
$338/sqft/sqft
112 days on market
7125 Bonito St, Tampa, FL 33617
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths2,464 sqft
$354,900
Mar 1, 2026
$144/sqft/sqft
168 days on market
12706 N 53rd St, Temple Terrace, FL 33617
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,727 sqft
$350,000
Mar 1, 2026
$203/sqft/sqft
137 days on market
5610 Kenny Dr, Tampa, FL 33617
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds2 baths1,634 sqft
$350,000
Mar 1, 2026
$214/sqft/sqft
9805 N 54th St, Temple Terrace, FL 33617
Value

Sold below market average

2 beds1 baths1,408 sqft
$165,000
Apr 1, 2026
$117/sqft/sqft
8616 N Orangeview Ave, Tampa, FL 33617
Value

Sold below market average

2 beds2 baths1,120 sqft
$138,500
Apr 1, 2026
$124/sqft/sqft
143 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$596/mo
33617 Avg Rent
33617 Cost to Own
Rent$1,645
Own$2,241

20% down, 6.53% rate, 1.0% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

33617 Avg nightly rate
33617 Avg occupancy (days/year)
Nightly rate$167/night
Occupancy166 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

GemHaus

Get personalized market intelligence

Unlock deeper property intel in Tampa, FL valuations, rent comps, operating costs, and pro-forma breakdowns.

Nearby Market Reports