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TAMPA, FL 33616

Real Estate Market Report  ·  Hillsborough County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 33616

Alta Vista Tracts · Bay Breeze · Elizabeth Court Townhomes · Gandy Gardens · Gandy Manor · Gandy Manor Estates · Hemingway Townhomes · Interbay Oaks Condo · Land Lackey Estates · Macdill Home · Manors at Manhattan · Palm Grove · Pinewood · Port Tampa City · Port Tampa Communities · Port Tampa Point · Rattlesnake Pointe Townhomes · Rembrandt Gardens · Robinson Heights · Ronnie Place · South Tampa Square Townhomes · Sun Bay South · Sunniland · Thomas Townhomes · Treasure Park · West Port · Westshore Estates South · Westshore Yacht Club

Market Analysis

Data as of March 2026. Source: Realtor.com.

The TAMPA, FL real estate market (33616) currently shows 110 active listings, with 28 pending sales. Homes are averaging 54 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 54 days on market compared to 46 days last year.

The median listing price has risen 5.9% year-over-year, from $475,500 to $503,500.

Whether you are buying or selling in TAMPA, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 14,918  ·  Density: 1,466.6/mi²  ·  Median household income: $78,176

Typical home value: $328,369  ·  Homeownership: 49.4%

Market Overview

Active Listings
110
⇧ 0.9% vs 109 last year
Pending
28
25% pending ratio
Median Price
$503,500
⇧ 5.9% vs $475,500 last year
Average Price
$795,008
⇧ 7.8% vs $737,164 last year
Days on Market
54
⇧ 17.4% vs 46 days last year

Price Per Square Foot

Median $/sqft
$333
⇧ 4.1% vs $320/sqft last year
Median Home Size
1,567 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 110 this year vs 109 last year
  • Days on market: 54 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $503,500 (+5.9% YoY)
  • Average: $795,008 (+7.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.1 miles — 2,301 listings ($2,266,005,520 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33616Tampa, FL 336160.0 mi110$84,919,780$479,750$771,998
33629Tampa, FL 336293.9 mi268$539,564,936$1,596,000$2,013,302
33606Tampa, FL 336065.9 mi155$276,420,335$949,000$1,783,357
33703Saint Petersburg, FL 337036.8 mi338$279,585,826$475,250$827,177
33602Tampa, FL 336027.4 mi227$291,453,472$851,175$1,283,936
33704Saint Petersburg, FL 337048.0 mi192$344,822,208$1,192,000$1,795,949
33603Tampa, FL 336039.1 mi143$91,886,938$509,625$642,566
33762Clearwater, FL 337629.4 mi69$23,279,220$265,000$337,380
33714Saint Petersburg, FL 337149.8 mi107$28,327,501$271,225$264,743
33534Gibsonton, FL 335349.9 mi76$26,967,688$339,974$354,838
33619Tampa, FL 3361910.3 mi136$58,245,808$329,900$428,278
33713Saint Petersburg, FL 3371310.6 mi184$102,479,904$489,045$556,956
33578Riverview, FL 3357811.1 mi296$118,051,904$339,950$398,824

Frequently Asked Questions

How many homes are for sale in TAMPA, FL 33616?

As of March 2026, there are 110 active listings in TAMPA, FL (zip code 33616), compared to 109 the prior year.

What is the median home price in TAMPA, FL 33616?

The median listing price in TAMPA, FL 33616 is $503,500 as of March 2026, a 5.9% increase from $475,500 the prior year.

How long do homes stay on the market in TAMPA, FL?

Homes in TAMPA, FL 33616 spend an average of 54 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in TAMPA, FL 33616?

Based on current inventory and days-on-market data as of March 2026, TAMPA, FL 33616 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 54 days on market compared to 46 days last year.

How much can I save on real estate commission in TAMPA, FL?

With SELL123.com's maximum 3% commission, sellers in TAMPA, FL 33616 save an estimated $10,070 compared to a typical 5% commission on the median listing price of $503,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.