33565
Tampa, Florida

The 33565 ZIP code recorded a median sale price of $420,990 as of February 2026, marking a significant 15.3% year-over-year appreciation that outpaces typical metropolitan Tampa gains. However, market velocity has decelerated substantially, with properties averaging 94.5 days on market—nearly double the pace seen during peak demand periods. Only 22% of homes are selling above list price, indicating that bidding wars have largely dissipated and negotiating leverage has shifted from the 2024-2025 baseline.

This environment favors patient buyers with financing secured and flexible closing timelines, as the 94.5-day absorption rate provides adequate due diligence windows without the pressure of competing offers on most properties. Sellers who purchased before 2024 can still capture double-digit equity gains from the 15.3% annual appreciation, though they should expect longer marketing periods than previous years. Investors seeking cash-flowing rentals may find opportunities in the 78% of homes selling at or below list, where negotiation potential has returned to the market.

The PropIQ score of 70 signals a neutral holding pattern rather than directional momentum, suggesting price growth may moderate through mid-2026 as inventory normalizes. The three-month days-on-market trend will be the critical indicator: sustained increases beyond 100 days would pressure pricing, while contraction below 80 days could reignite appreciation. Buyers should monitor new listing volume and price-cut frequency, as neither bullish nor bearish catalysts currently dominate this market's trajectory.