33702
Tampa, Florida
Tampa 33702 is stable.
The 33702 ZIP code in Tampa, Florida has a median sale price of $326K, up +2.7% year-over-year. Homes spend an average of 56 days on market, with 9% of homes selling above list price.
Folio's PropIQ™ score of 65 signals Caution conditions. This market is holding steady. Monitor inventory shifts before committing.
The 33702 ZIP code shows measured appreciation with a median sale price of $326,125, up 2.7% year-over-year, trailing national inflation rates and indicating compressed growth. Homes are moving at a moderate pace, averaging 56 days on market, while only 9% of properties sell above asking price. This 9% premium rate signals weak buyer urgency and limited competitive pressure, a stark contrast to the bidding wars that characterized 2021-2022 markets in the Tampa metro area.
These conditions favor patient buyers with financing secured who can negotiate below asking price, given that 91% of transactions close at or under list. Sellers who purchased before 2020 retain sufficient equity to absorb negotiation, but recent buyers since 2022 face minimal appreciation cushion. Investors seeking cash flow over appreciation may find entry points here, though the 2.7% annual gain barely covers holding costs and requires rigorous underwriting of rental yield assumptions.
The PropIQ score of 65 signals caution, suggesting underlying fundamentals—likely employment growth, inventory levels, or demographic shifts—don't support accelerated appreciation near-term. The 56-day absorption rate and single-digit premium sales indicate a normalizing market transitioning from seller to neutral territory. Monitor inventory trends and mortgage rate movements through Q2 2026; any spike in listings without corresponding demand could push this market into buyer-favorable territory with potential price corrections.
What is the median home price in 33702 Tampa?
The median sale price in 33702 is $326K, up +2.7% year-over-year as of 2026-02-28.
How long do homes stay on the market in Tampa 33702?
Homes in 33702 Tampa spend an average of 56 days on market before going under contract.
Is Tampa 33702 a good place to invest in real estate?
Folio's PropIQ™ score for 33702 is 65/100 — a Caution signal. 9% of homes sold above asking.
What does a PropIQ™ score of 65 mean for 33702?
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 65 = Caution in 33702 Tampa, Florida.