33508
Tampa, Florida
Tampa 33508 needs watching.
The 33508 ZIP code in Tampa, Florida has a median sale price of $200K, down N/A year-over-year. Homes spend an average of 361 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 41 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 33508.
The 33508 market shows pronounced weakness with homes averaging 361 days to sell, roughly twelve times the typical Florida market velocity. The median sale price holds at $200,000 with flat year-over-year movement, indicating price discovery stagnation rather than stability. Zero percent of transactions close above list price, confirming complete absence of competitive bidding dynamics and significant buyer leverage in negotiations.
Cash buyers and patient investors benefit most from these conditions, particularly those willing to negotiate 10-15% below asking given the extended marketing periods. Sellers face challenging prospects and should avoid this market unless circumstances require immediate liquidation. First-time buyers gain maximum negotiating position with the 361-day absorption rate eliminating time pressure from purchase decisions.
The PropIQ score of 41 signals elevated caution, with the year-long DOM suggesting inventory overhang that typically precedes price corrections in slower tertiary markets. Monitoring monthly absorption rates and any acceleration past the current 361-day average will indicate whether capitulation pricing emerges. Without demand catalysts, the flat price trajectory risks downward revision as holding costs pressure sellers through 2026.
What is the median home price in 33508 Tampa?
The median sale price in 33508 is $200K, down N/A year-over-year as of 2025-10-31.
How long do homes stay on the market in Tampa 33508?
Homes in 33508 Tampa spend an average of 361 days on market before going under contract.
Is Tampa 33508 a good place to invest in real estate?
Folio's PropIQ™ score for 33508 is 41/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 41 mean for 33508?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 41 = Caution in 33508 Tampa, Florida.