33612
Tampa, Florida

# Market Report: Tampa ZIP 33612

The 33612 market posted a median sale price of $340,000 as of February 2026, representing a 9.7% year-over-year increase that outpaces inflation but signals deceleration from Tampa's recent double-digit gains. Homes are moving at a moderate pace, averaging 45.5 days on market, while 24% of properties closed above asking price. This absorption rate indicates equilibrium rather than the bidding war dynamics seen in 2021-2022, with buyers exercising more selectivity and sellers maintaining pricing power without desperation.

These conditions favor strategic buyers with approved financing who can act decisively within the 45-day window, particularly those seeking primary residences rather than speculative investments. The 24% above-list statistic means prepared offers at or slightly above asking on well-priced homes will likely succeed, while lowball strategies face rejection. Sellers with properly renovated properties can still capture premium pricing, but the 76% selling at or below list suggests overpricing now results in extended market time rather than eventual appreciation into ambitious asks.

The PropIQ score of 70 signals neutral momentum with limited directional conviction, suggesting the 9.7% appreciation rate may compress further as affordability constraints bind. Watch for DOM extension beyond 50 days or the above-list percentage dropping below 20%, both indicating buyer leverage expansion. The neutral rating implies neither aggressive accumulation nor distribution is warranted until price growth stabilizes below 7% annually or accelerates above 12%, providing clearer trend confirmation.