Tampa, FL 33635 Real Estate Market Report

ZIP Code: 33635
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 the Tampa 33635 market average 6.3%, reflecting a stable environment for property owners compared to the 6.18% average observed earlier in 2026.

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: $440,500 is the primary indicator of recent market value and suggests realized transaction pricing is stabilizing in May 2026; up price year-over-year trend supports modest upward pressure rather than rapid appreciation.

2. median listing price: $484,000 sits above the median sold price, which may indicate pricing friction between seller expectations and recent closed transactions and suggests careful pricing strategies are required to achieve timely sales.

3. median days on market: 317 is unusually long compared to typical SFR/condo turnover and points to slower sales velocity, which may lengthen negotiation timelines and increase the importance of condition and pricing alignment for sellers.

4. median price per square foot: $248 combined with median market rent: $2,550 and the reported interest environment indicates financing and affordability are material considerations—marketTemperature is neutral while interest rate pressure is elevated; Current 30-year fixed mortgage rates in the Tampa 33635 market average 6.3%, reflecting a stable environment for property owners compared to the 6.18% average observed earlier in 2026.

---

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.