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Market Snapshot

Median listing price
$500K

The median listing price in Tampa, FL ZIP 33635 is $499,900 as of June 2026.

Median rent
$2,550/mo

The median market rent in Tampa, FL ZIP 33635 is $2,550/month as of June 2026.

Days on market
356 days

The median days on market in Tampa, FL ZIP 33635 is 356 days as of June 2026. The market is currently neutral.

Gross rental yield
6.12%

At a median list price of $499,900 and a median rent of $2,550/month, the gross rental yield in Tampa, FL ZIP 33635 is 6.12% as of June 2026.

STR vs LTR
$2,206/mo STR · $2,550/mo LTR

In Tampa, FL ZIP 33635, median Airbnb revenue is $2,206/month compared to median long-term rent of $2,550/month as of June 2026.

Tampa, FL 33635 Real Estate Market Report

ZIP Code: 33635

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
65
Active Listings
37
Sold Properties
28

Market Metrics

Median Listing Price
$499,900
Median Sold Price
$396,000
Median Price per Sqft
$246/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
$2,550

Property Taxes

Property Tax Rate
1.09%

Liquidity & Velocity

Median Days on Market
356
Sale-to-List Ratio
100.0%

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

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
down
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 Tampa, FL, are averaging 6.53%, reflecting a stable market environment for property owners compared to the 6.89% average observed one year ago.

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


Key Findings

  1. The neighborhood's recent transaction-level market value is best represented by the median sold price of $396,000, which anchors pricing expectations for both SFR and condominium segments and reflects completed deals rather than asking-price sentiment.
  2. There is a notable spread between the median listing price of $499,900 and the median sold price of $396,000, which suggests seller expectations exceed recent sale outcomes and may create pricing friction that could prolong negotiations.
  3. Liquidity appears muted with a long median days on market of 356, which points to slower sales velocity and suggests sellers may need price adjustments or concessions to accelerate transactions.
  4. Macro and demand-side signals are mixed: market temperature is neutral while price year-over-year trend and rent year-over-year trend are both down, and interest rate pressure is elevated—note that Current 30-year fixed mortgage rates in Tampa are averaging 6.53% (versus a 6.89% average one year ago), a context that may keep buyer caution elevated despite slightly lower rates year-over-year.

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

8132 Honeybee Ln, Tampa, FL 33635
Top Sale

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

2 beds1 baths862 sqft
$655,000
Mar 1, 2026
$760/sqft/sqft
161 days on market
11718 Spanish Lake Dr, Tampa, FL 33635
Premium

Sold above market average

4 beds2 baths2,345 sqft
$645,000
Mar 1, 2026
$275/sqft/sqft
129 days on market
12508 Glenna Ave, Tampa, FL 33635
Premium

Sold above market average

3 beds2 baths2,018 sqft
$619,000
Mar 1, 2026
$307/sqft/sqft
135 days on market
8506 Tiara Park Way, Tampa, FL 33635
Market Benchmark

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

3 beds2 baths1,640 sqft
$435,000
Mar 1, 2026
$265/sqft/sqft
104 days on market
9739 Fredericksburg Rd, Tampa, FL 33635
Market Benchmark

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

3 beds2 baths1,396 sqft
$425,000
Mar 1, 2026
$304/sqft/sqft
4289 days on market
8774 Huntfield St, Tampa, FL 33635
Market Benchmark

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

3 beds2 baths1,388 sqft
$410,000
Mar 1, 2026
$295/sqft/sqft
12304 Country White Cir, Tampa, FL 33635
Market Benchmark

Sold at market average

2 beds1.5 baths1,134 sqft
$253,000
Apr 1, 2026
$223/sqft/sqft
105 days on market
12346 Country White Cir, Tampa, FL 33635
Value

Sold below market average

2 beds1.5 baths1,134 sqft
$228,000
Mar 1, 2026
$201/sqft/sqft
1755 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

$65/mo
33635 Avg Rent
33635 Cost to Own
Rent$2,550
Own$2,485

20% down, 6.53% rate, 1.1% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

33635 Avg nightly rate
33635 Avg occupancy (days/year)
Nightly rate$177/night
Occupancy151 of 365 days

Data Sources

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

Report generated: 6/1/2026

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