Tampa, FL 33629 Real Estate Market Report

ZIP Code: 33629
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Tampa, FL (ZIP: 33629) is currently $897,000, reflecting a stable market condition. This price point indicates a balanced environment where buyers and sellers are negotiating effectively. The market has shown signs of adjustment, with the median listing price at $1,250,000, suggesting a notable gap between seller expectations and actual transaction values. This discrepancy may indicate a period of price stabilization as the market transitions from a seller's advantage to a more neutral stance.

With 271 days as the median days on market, the sales velocity appears slower, which aligns with elevated inventory levels relative to sales activity. The market temperature is currently assessed as neutral, suggesting that while there is moderate transaction volume, the overall dynamics are stabilizing rather than experiencing significant upward or downward pressure. This environment may provide opportunities for buyers to negotiate better terms as the market continues to balance out.

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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 median sold price of $897,000 indicates a stable market condition with effective negotiations between buyers and sellers.

2. With a median listing price of $1,250,000, there is a notable gap suggesting potential pricing friction as sellers adjust expectations.

3. The median days on market of 271 reflects a slower sales velocity, indicating that properties are taking longer to sell in the current market.

4. The market temperature is assessed as neutral, suggesting balanced conditions with moderate transaction volume.

5. Elevated inventory levels relative to sales activity may provide opportunities for buyers to negotiate favorable terms.

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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.