33625
Tampa, Florida

The 33625 ZIP code posted a median sale price of $412,500 as of February 2026, marking a 4.1% year-over-year decline that signals a cooling phase after previous appreciation. Homes are averaging 49.5 days on market, indicating moderate absorption rates rather than the rapid turnover seen in tighter conditions. Only 19% of properties sold above list price, down from the majority-above-list environment that characterized the post-pandemic surge, suggesting negotiating leverage has shifted from sellers to buyers.

This environment favors patient buyers with financing already secured, particularly those willing to negotiate on price given the negative annual trend and longer market times. The 19% above-list metric means 81% of transactions close at or below asking, creating room for strategic offers below list price. Sellers face headwinds and should price conservatively from listing day, as extended days-on-market in a declining price environment compounds carrying costs and reduces final sale proceeds.

The PropIQ score of 60 signals caution rather than crisis, suggesting stabilization below previous peaks rather than freefall. The combination of negative price momentum and sub-50-day absorption indicates continued modest softening through Q2 2026 unless inventory tightens or buyer demand accelerates. Monitoring monthly sold-to-list ratios and new listing volumes will provide early signals whether the market finds a floor near current levels or continues its gradual descent.