33540
Tampa, Florida
Tampa 33540 is stable.
The 33540 ZIP code in Tampa, Florida has a median sale price of $411K, up +11.0% year-over-year. Homes spend an average of 85 days on market, with 18% of homes selling above list price.
Folio's PropIQ™ score of 70 signals Neutral Watch conditions. This market is holding steady. Monitor inventory shifts before committing.
ZIP code 33540 is showing moderate appreciation with a median sale price of $410,695, up 11.0% year-over-year, outpacing typical inflation but signaling deceleration from the 2021-2022 surge. Homes are averaging 85 days on market, significantly above the sub-30-day velocity seen in peak seller conditions. Only 18% of properties sold above asking price as of February 2026, indicating buyers have regained negotiating leverage compared to the bidding war environment of recent years.
This market configuration favors patient buyers with financing secured and sellers holding properties with desirable features that can justify full ask. The 82% of homes selling at or below list price creates room for offer negotiations, particularly on properties exceeding the 85-day average DOM. Investors focused on cash-flowing rentals rather than rapid appreciation plays will find the 11.0% annual gain sufficient for portfolio building without the froth that characterized speculative buying phases.
The PropIQ score of 70 signals neutral conditions with monitoring required, suggesting neither imminent correction nor acceleration. Key indicators to track include whether days on market extends beyond 90 and if the percentage selling above ask drops below 15%, which would confirm a definitive buyer's market. The current 11.0% appreciation rate appears unsustainable without corresponding income growth or inventory tightening, pointing toward single-digit growth normalization through 2026.
What is the median home price in 33540 Tampa?
The median sale price in 33540 is $411K, up +11.0% year-over-year as of 2026-02-28.
How long do homes stay on the market in Tampa 33540?
Homes in 33540 Tampa spend an average of 85 days on market before going under contract.
Is Tampa 33540 a good place to invest in real estate?
Folio's PropIQ™ score for 33540 is 70/100 — a Neutral Watch signal. 18% of homes sold above asking.
What does a PropIQ™ score of 70 mean for 33540?
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 70 = Neutral Watch in 33540 Tampa, Florida.