33709
Tampa, Florida
Tampa 33709 needs watching.
The 33709 ZIP code in Tampa, Florida has a median sale price of $238K, down -13.5% year-over-year. Homes spend an average of 60 days on market, with 9% 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 33709.
The 33709 market has shifted decisively toward buyers, with the median sale price falling to $238,000, down 13.5% year-over-year. Homes now average 60 days on market, indicating a normalization from the pandemic-era frenzy. Only 9% of properties sell above asking price, a clear departure from competitive bidding conditions. This price compression suggests sellers are adjusting expectations while inventory absorption rates have slowed considerably in this St. Petersburg ZIP code.
Price-sensitive first-time buyers gain the most leverage in these conditions, with the 60-day DOM providing adequate time for due diligence and negotiation. Investors seeking cash flow over appreciation may find the $238,000 entry point workable if rental demand holds, though the 13.5% decline erodes equity positions for recent purchasers. Sellers face difficult timing unless relocation or financial necessity drives the transaction, as the 9% above-list metric confirms minimal urgency from the buyer pool.
The PropIQ score of 55 signals continued caution, suggesting price discovery remains incomplete and further downward pressure may persist through upcoming quarters. Investors should monitor days-on-market trends closely; any extension beyond 60 days would confirm further weakening. The score indicates neither capitulation nor stabilization, placing this market in a holding pattern where patience favors buyers and premature listings risk extended exposure or additional price reductions.
What is the median home price in 33709 Tampa?
The median sale price in 33709 is $238K, down -13.5% year-over-year as of 2026-02-28.
How long do homes stay on the market in Tampa 33709?
Homes in 33709 Tampa spend an average of 60 days on market before going under contract.
Is Tampa 33709 a good place to invest in real estate?
Folio's PropIQ™ score for 33709 is 55/100 — a Caution signal. 9% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 33709?
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 33709 Tampa, Florida.