Tampa, FL 33635 Real Estate Market Report

ZIP Code: 33635
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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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, around 6.38% are slightly lower than the recent 2026 average of 6.43%, presenting a minor cost opportunity for new financing.

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 $425,000 suggests a recent decline in market value, as the neighborhood has decreased 8% since 2022.

2. With a median days on market of 310, properties are experiencing slower sales velocity, indicating a shift toward a more balanced market.

3. The median listing price of $457,495 reflects elevated seller expectations, which may create pricing friction in the current market.

4. Elevated inventory levels suggest excess supply relative to sales activity, impacting overall market liquidity.

5. The median market rent of $2,640 shows an upward trend, which may indicate sustained demand for rental properties despite the current sales market dynamics.

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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.