Tampa, FL 33634 Real Estate Market Report

ZIP Code: 33634
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: 33634) stands at $405,000, reflecting a stable market environment. This price indicates a healthy transaction activity, particularly as the market has shown an upward trend in pricing, with the median listing price at $439,000. The neighborhood has increased 8% since 2023, suggesting a robust appreciation despite the current market dynamics.

Transaction velocity appears to be slower, with properties remaining on the market for a median of 322 days. This extended duration may indicate a shift towards a more balanced market, characterized by elevated inventory levels relative to sales activity. While there is strong rental demand with a median market rent of $2,470, the overall market temperature is currently classified as neutral, indicating a stable yet cautious environment for both buyers and sellers.

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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 Tampa, FL are averaging 6.38% compared to 6.08% in early 2026, representing a 0.3% increase.

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. The median sold price of $405,000 indicates a stable market with healthy transaction activity.

2. Properties are taking a median of 322 days on market, suggesting slower sales velocity and potential pricing friction.

3. The median listing price of $439,000 reflects seller expectations that may not align with current buyer sentiment.

4. Rental demand remains strong with a median market rent of $2,470, although rental prices are trending down due to oversupply.

5. Current interest rates are averaging 6.38%, contributing to elevated interest rate pressure in the market.

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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.