33778
Tampa, Florida
Tampa 33778 needs watching.
The 33778 ZIP code in Tampa, Florida has a median sale price of $332K, down -7.7% year-over-year. Homes spend an average of 62 days on market, with 20% of homes selling above list price.
Folio's PropIQ™ score of 60 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 33778.
The 33778 market has shifted decisively into buyer territory, with the median sale price settling at $332,450 after a 7.7% year-over-year decline. Homes are spending 61.5 days on market, well above the velocity seen during tighter conditions. Only 20% of transactions close above asking price, indicating sellers have limited pricing power. This reflects a recalibration from prior peak valuations, with inventory absorption slowing compared to the rapid turnover cycles of previous years.
Cost-conscious buyers gain material negotiating leverage in this environment, particularly those targeting entry-level and mid-tier inventory where the $332,450 median sits. The 61.5-day marketing period provides time for thorough due diligence and multiple offer comparisons without competitive pressure. Investors seeking cash-flowing rentals may find improved cap rates following the 7.7% price correction, though financing costs require careful underwriting. Sellers face headwinds unless priced 3-5% below comparable properties to generate activity within the first 30 days.
The PropIQ score of 60 signals continued uncertainty, suggesting further price discovery remains incomplete in this cycle. Monitoring absorption rates over the next 90 days will clarify whether the 7.7% decline represents stabilization or midpoint in a deeper correction. The gap between the 20% above-list close rate and historical norms indicates buyer reluctance persists, making spring inventory levels the critical variable for determining whether days-on-market compress or extend beyond current levels.
What is the median home price in 33778 Tampa?
The median sale price in 33778 is $332K, down -7.7% year-over-year as of 2026-02-28.
How long do homes stay on the market in Tampa 33778?
Homes in 33778 Tampa spend an average of 62 days on market before going under contract.
Is Tampa 33778 a good place to invest in real estate?
Folio's PropIQ™ score for 33778 is 60/100 — a Caution signal. 20% of homes sold above asking.
What does a PropIQ™ score of 60 mean for 33778?
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 60 = Caution in 33778 Tampa, Florida.