33782
Tampa, Florida

ZIP code 33782 in Tampa shows clear cooling with a median sale price of $297,500, down 8.5% year-over-year as of February 2026. Homes are moving in 41 days on average, indicating moderate inventory absorption rather than the rapid turnover seen in tighter markets. Only 10% of properties are closing above asking price, confirming that seller pricing power has diminished significantly from prior peak conditions. This deceleration reflects broader Tampa-area normalization after the 2021-2023 appreciation surge.

Price-sensitive buyers gain meaningful negotiating leverage in this environment, with 90% of transactions at or below list price providing room for offer strategies. The 41-day market time allows for proper due diligence without competitive pressure that characterized sub-20-day markets. Investors seeking cash flow over appreciation should model conservative assumptions, as the negative 8.5% annual change suggests capital gains remain uncertain. Sellers with flexibility should consider whether waiting serves their position given current downward price momentum.

The PropIQ score of 65 signals caution, indicating heightened risk of further depreciation or extended selling timelines. The negative price trajectory combined with modest absorption suggests this market hasn't established a floor. Buyers should monitor whether days-on-market trends upward beyond 45-50 days, which would indicate increasing distress. The 10% above-ask rate needs to stabilize or improve before confirming demand recovery versus continued softening through 2026.