33647
Tampa, Florida
Tampa 33647 needs watching.
The 33647 ZIP code in Tampa, Florida has a median sale price of $462K, down -1.7% year-over-year. Homes spend an average of 86 days on market, with 4% of homes selling above list price.
Folio's PropIQ™ score of 45 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 33647.
The 33647 market has shifted decisively toward buyers, with the median sale price settling at $461,500 after declining 1.7% year-over-year. Homes now average 86 days on market, well above the rapid absorption rates seen in 2021-2022. Only 4% of properties sell above list price, indicating sellers have lost pricing power and must compete on terms rather than scarcity. This represents a fundamental rebalancing from the post-pandemic frenzy that characterized Tampa's northern suburbs.
Price-sensitive first-time buyers gain meaningful advantages in these conditions, with 86-day inventory levels providing time for proper due diligence and inspection negotiations. The 4% above-ask metric means buyers can submit offers at or below listing prices without immediate competition. Sellers facing job relocations or life transitions should expect longer timelines and may need to price 3-5% below recent comps to achieve 60-day closings. Investors seeking cash flow over appreciation will find motivated sellers, though the negative price momentum demands conservative underwriting.
The PropIQ score of 45 signals continued market weakness through Q2 2026, suggesting prices may drift another 2-3% lower before stabilizing. Buyers should monitor days-on-market trends; any contraction below 75 days would indicate demand recovery. Sellers considering listing should wait for the score to breach 55, typically signaling stabilization, unless circumstances force earlier action. This remains a transitional market requiring monthly data reassessment.
What is the median home price in 33647 Tampa?
The median sale price in 33647 is $462K, down -1.7% year-over-year as of 2026-02-28.
How long do homes stay on the market in Tampa 33647?
Homes in 33647 Tampa spend an average of 86 days on market before going under contract.
Is Tampa 33647 a good place to invest in real estate?
Folio's PropIQ™ score for 33647 is 45/100 — a Caution signal. 4% of homes sold above asking.
What does a PropIQ™ score of 45 mean for 33647?
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 45 = Caution in 33647 Tampa, Florida.