Tampa, FL 33634 Real Estate Market Report
ZIP Code: 33634
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.
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
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.
Rental Market
Property Taxes
Liquidity & Velocity
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 Tampa, FL are 6.3% compared to the 5.9% average seen in early 2026, representing a 0.4% increase in borrowing costs for property owners in this market.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
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The primary indicator of recent market value is the median sold price of $409,900, which anchors valuation expectations for single-family and condominium transactions in ZIP 33634 and suggests a representative recent sale level for underwriting and comps. up
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There is a meaningful gap between the median listing price of $447,500 and the median sold price of $409,900, which may indicate pricing friction where seller expectations exceed transaction outcomes and could prolong negotiations or concessions in offers. neutral
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Market velocity appears muted given the median days on market of 335, which points to slower sales velocity and suggests that elevated inventory relative to sales activity may be pressuring time-to-close and buyer leverage. down
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Macro and affordability headwinds are notable: rent is showing a downward trend while interest rate pressure is characterized as elevated, and the local property rate comparison cites 30-year fixed mortgage rates at 6.3% versus an earlier 5.9%, which may constrain buyer purchasing power and support longer marketing times. elevated
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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold at market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Tampa, FL 33634 Real Estate Market Report
ZIP Code: 33634
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.
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
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.
Rental Market
Property Taxes
Liquidity & Velocity
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 Tampa, FL are 6.3% compared to the 5.9% average seen in early 2026, representing a 0.4% increase in borrowing costs for property owners in this market.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
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The median sold price is 212,000, serving as the primary indicator of current market value and recent transaction activity; this sale-level anchor, combined with a neutral market temperature and a reported up price year-over-year trend, suggests modest appreciation without overheating.
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The market exhibits slower sales velocity: the median days on market is 307, which suggests extended time-to-sell and pricing friction that may require more aggressive positioning or concessions to achieve timely closings despite a relatively constrained active supply in the analyzed sample.
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Pricing and rental context shows a median price per square foot of 169 and a median market rent of 3,400; with rent year-over-year trend reported as down, income-oriented buyers should expect softer rental growth in near-term cash-flow assumptions.
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Interest-rate conditions are a clear headwind: interest rate pressure is elevated; Current 30-year fixed mortgage rates in Tampa, FL are 6.3% compared to the 5.9% average seen in early 2026, representing a 0.4% increase in borrowing costs, which may weigh on buyer affordability and prolong market absorption—monitor rate movement when timing acquisitions or listings.
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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.3% rate, 1.0% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 5/1/2026
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