33603
Tampa, Florida
Tampa 33603 needs watching.
The 33603 ZIP code in Tampa, Florida has a median sale price of $425K, down -14.9% year-over-year. Homes spend an average of 57 days on market, with 19% of homes selling above list price.
Folio's PropIQ™ score of 60 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 33603.
The 33603 ZIP code posted a median sale price of $425,000 as of February 2026, marking a significant 14.9% year-over-year decline that signals a clear shift from the recent seller's market. Homes are averaging 57 days on market, a timeline that reflects increased inventory absorption time compared to the rapid turnover of previous years. Only 19% of properties closed above list price, indicating weakened buyer competition and reduced bidding pressure across the zone.
This environment favors cash buyers and patient investors who can negotiate below-list transactions, given that fewer than one in five homes command premium pricing. Sellers facing immediate liquidity needs or holding recently-purchased properties are exposed to potential losses given the 14.9% price erosion. Buyers with pre-approved financing and flexible timelines have material leverage in negotiations, particularly on properties exceeding the 57-day market average.
The PropIQ score of 60 signals caution rather than opportunity, suggesting continued price discovery and potential further softening before stabilization. The combination of negative price momentum and modest days-on-market indicates the market hasn't fully adjusted to current demand levels. Monitor subsequent months for days-on-market trending beyond 60 and the percentage of above-list sales dropping below 15%, which would confirm accelerating buyer advantage and possible capitulation pricing from overleveraged sellers.
What is the median home price in 33603 Tampa?
The median sale price in 33603 is $425K, down -14.9% year-over-year as of 2026-02-28.
How long do homes stay on the market in Tampa 33603?
Homes in 33603 Tampa spend an average of 57 days on market before going under contract.
Is Tampa 33603 a good place to invest in real estate?
Folio's PropIQ™ score for 33603 is 60/100 — a Caution signal. 19% of homes sold above asking.
What does a PropIQ™ score of 60 mean for 33603?
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 60 = Caution in 33603 Tampa, Florida.