34683
Tampa, Florida
Tampa 34683 needs watching.
The 34683 ZIP code in Tampa, Florida has a median sale price of $449K, down -16.1% year-over-year. Homes spend an average of 67 days on market, with 10% 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 34683.
The 34683 ZIP code shows clear buyer leverage with a median sale price of $449,000, down 16.1% year-over-year, marking one of the steeper corrections in the Tampa metro area. Homes are averaging 66.5 days on market, substantially above the quick-turn thresholds seen during the 2021-2022 peak. Only 10% of properties are closing above list price, confirming that bidding wars have largely evaporated and sellers are accepting negotiated terms. This price compression reflects broader Tampa market recalibration after the post-pandemic surge.
Price-sensitive first-time buyers and investors seeking discounted entry points gain the most traction in current conditions. The 16.1% decline creates approximately $86,000 in savings compared to last year's median, while the 66.5-day market time allows for thorough due diligence and inspection contingencies that were previously waived. Sellers facing immediate liquidity needs or holding multiple properties should consider the 90% closing-at-or-below-list reality when pricing. Buyers employing conventional financing now compete effectively against cash offers given the extended negotiation windows.
The PropIQ score of 55 signals continued market softness with limited near-term price recovery likely. This caution-zone rating suggests monitoring monthly absorption rates and new listing volume through Q2 2026 for stabilization signals. Further price discovery remains probable if days-on-market extends beyond 75 days or if the above-list percentage drops below 8%. Investors should track employment data and migration patterns specific to this ZIP before assuming Tampa's overall growth trajectory applies uniformly to 34683.
What is the median home price in 34683 Tampa?
The median sale price in 34683 is $449K, down -16.1% year-over-year as of 2026-02-28.
How long do homes stay on the market in Tampa 34683?
Homes in 34683 Tampa spend an average of 67 days on market before going under contract.
Is Tampa 34683 a good place to invest in real estate?
Folio's PropIQ™ score for 34683 is 55/100 — a Caution signal. 10% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 34683?
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 34683 Tampa, Florida.