The story of this market
The typical home in ZIP 33603 sells for about $412,000, or $265 per square foot.
Prices are down 1.1% from a year ago, which gives buyers more room to negotiate. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,518 a month.
ZIP 33603 — Tampa
The 33603 housing market is currently balanced, with a median sale price of $412,000 reflecting a slight year-over-year decline. Market activity is driven by steady demand for urban-adjacent housing, though inventory levels and days on market suggest a cooling trend compared to previous years. Note that specific figures for months of supply and exact price-cut percentages are based on current market reports and may fluctuate.
This ZIP is well-suited for young professionals and families seeking proximity to downtown Tampa, as well as investors looking for urban infill opportunities in a historic, developing neighborhood.
Median prices moved down 1.1% year over year.
Homes spend a median of 35 days on market with 3.2 months of supply — a fast-moving market.
24% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.7% · poverty 13.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 33603, Hillsborough County FL
Crime rates in the 33603 area are generally higher than the national average, with property crime being the most frequently reported issue in this urban Tampa neighborhood.
Schools serving the area are part of the Hillsborough County Public Schools district, with performance ratings varying significantly across individual elementary, middle, and high school campuses.
The area faces moderate flood risk due to its proximity to the Hillsborough River and low-lying topography, necessitating standard flood insurance coverage for many properties.
Economic momentum is driven by proximity to downtown Tampa and ongoing urban infill projects, with major employment hubs in the medical and professional services sectors nearby.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
Residents benefit from direct access to I-275, providing a relatively short commute to downtown Tampa and the Westshore business district.
The area features access to the Hillsborough River for water activities, several local neighborhood parks, and proximity to the shopping and dining districts of Seminole Heights.
The rental market is characterized by high demand due to the area's central location, with a mix of long-term residential rentals and some investor-owned properties.
The local economy is anchored by the broader Tampa Bay employment market, with significant contributions from healthcare, education, and professional services.
The area is served by major highway corridors including I-275, facilitating regional transit, with limited public bus transit options available.
Development is focused on small-scale residential infill and the revitalization of historic commercial corridors.
The Hillsborough County Property Appraiser manages assessments, focusing on market value adjustments for residential parcels.
Parcels are subject to Hillsborough County school and municipal tax levies, with no major MUD/PID districts reported.
Property insurance premiums are rising due to regional hurricane risk and broader Florida market volatility.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Busch Gardens Tampa Bay4.44.9 mi
- ZooTampa at Lowry Park4.62.2 mi
- Adventure Island4.15.4 mi
- Dave & Buster's Tampa - Brandon4.28.9 mi
- Dinosaur World4.517.2 mi
- Raymond James Stadium4.52 mi
- Benchmark International Arena4.62.9 mi
- Florida State Fairgrounds4.46.7 mi
- George M. Steinbrenner Field4.72.3 mi
- Tampa Convention Center4.53 mi
- Busch Gardens Tampa Bay4.44.9 mi
- The Florida Aquarium4.53.1 mi
- ZooTampa at Lowry Park4.62.2 mi
- AMC Veterans 244.55.7 mi
- Citrus Park Town Center4.58.8 mi
- The Dalí Museum4.717.9 mi
- Glazer Children's Museum4.52.3 mi
- Museum of Science & Innovation - MOSI3.96.3 mi
- Tampa Theatre4.82.3 mi
- Tampa Museum of Art4.22.3 mi
- Tampa Riverwalk4.82.4 mi
- Cypress Point Park4.55 mi
- Curtis Hixon Waterfront Park4.72.4 mi
- Carrollwood Village Park4.87.1 mi
- Lettuce Lake Park4.78.6 mi
- Rick's on the River4.31.4 mi
- Tampa Yacht & Country Club4.76.6 mi
- Davis Island Yacht Club4.65.3 mi
- Westshore Yacht Club Marina4.67.9 mi
- Paramount Water Sports & Jet Ski Rental4.83.1 mi
- Topgolf Tampa4.59 mi
- Rogers Park Golf Course43.7 mi
- TPC Tampa Bay4.112.5 mi
- Tampa Palms Country Club4.49.2 mi
- Rocky Point Golf Course3.95.4 mi
- International Plaza and Bay Street4.63.3 mi
- Brandon Exchange4.49.4 mi
- Citrus Park Town Center4.58.8 mi
- Hyde Park Village4.73.2 mi
- WestShore Plaza4.44.3 mi
- Tampa International Airport4.63.7 mi
- St. Pete–Clearwater International Airport4.414.2 mi
- Lakeland Linder International Airport4.727.8 mi
- Rightway Parking4.32.8 mi
- Ambassador Limousine4.82.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides recreational boating and scenic views.
Known for historic architecture and local eateries.
Local community park with green space.
Key-figure check: median price corroborated by the published ten-year series (2026) (within 12.5%).