33606
Tampa, Florida
Tampa 33606 needs watching.
The 33606 ZIP code in Tampa, Florida has a median sale price of $800K, down 0.0% year-over-year. Homes spend an average of 112 days on market, with 8% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 33606.
The 33606 market has entered a stall pattern, with the median sale price holding at $800,000 but showing zero year-over-year appreciation. Properties are averaging 111.5 days on market, significantly above the velocity seen in tighter conditions. Only 8% of homes are clearing above list price, indicating sellers hold minimal pricing power. This represents a fundamental shift from the appreciation cycle that previously characterized Tampa's premium zip codes.
Buyer conditions have improved materially for those with patient capital and strong negotiating position. The 111.5-day absorption rate creates opportunity to submit below-ask offers, particularly given that 92% of transactions close at or below list. Sellers with flexible timelines can still achieve the $800,000 median, but those requiring quick liquidity face meaningful concessions. This environment punishes speculative flips while rewarding primary residence buyers who can wait for optimal entry points.
The PropIQ score of 55 signals elevated caution and suggests continued price stagnation rather than immediate correction. With zero annual appreciation already established and inventory sitting nearly four months, the next quarter will test whether this floor holds or softens further. Monitor month-over-month listing volumes and any movement in the 8% above-ask metric—deterioration in either would confirm downward pressure on the $800,000 median through Q2 2026.
What is the median home price in 33606 Tampa?
The median sale price in 33606 is $800K, down 0.0% year-over-year as of 2026-02-28.
How long do homes stay on the market in Tampa 33606?
Homes in 33606 Tampa spend an average of 112 days on market before going under contract.
Is Tampa 33606 a good place to invest in real estate?
Folio's PropIQ™ score for 33606 is 55/100 — a Caution signal. 8% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 33606?
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 55 = Caution in 33606 Tampa, Florida.