Tampa, FL 33629 Real Estate Market Report

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.

Market Metrics

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

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

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.

Market Trends & Context

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

Key Findings

1. Median sold price: $793,000 — The median sold price is the clearest indicator of realized value in 33629 and suggests recent transactions center around $793,000, with a notable pricing gap versus the median listing price of $1,299,000 that may indicate seller expectations are above recent transaction levels; down price momentum is present in year-over-year measures.
2. Median days on market: 269 — A median days on market of 269 points to slower sales velocity and pricing friction, which may indicate buyers have more negotiation leverage and transactions require longer marketing periods.
3. Median price per square foot: $447 — The median price per square foot of $447 frames current unit pricing for both SFR and condo stock and should be used to compare individual comps against the representative recent sale rather than listing expectations; the market temperature is neutral, suggesting neither pronounced overheating nor severe weakness.
4. Median market rent: $3,100 and rent trend down — With a median market rent of $3,100 and rent year-over-year trend marked as down, rental growth has leveled or softened, while interest rate pressure is characterized as moderate, which could sustain caution among investor buyers and owner-occupiers given higher financing costs.

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.