The story of this market
The typical home in ZIP 33606 sells for about $437,000, or $270 per square foot.
Prices are up +1.1% from a year ago, so sellers still have some momentum. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $2,150 a month.
This ZIP has no home sales of its own, so its market figures come from Tampa, Florida (city-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 33606 — Tampa
The 33606 housing market is currently experiencing a cooling phase, evidenced by a significant year-over-year decline in median sale prices and an increase in days on market. While demand remains supported by the area's high-end lifestyle and proximity to downtown, buyers are exercising more leverage as inventory turnover slows.
This ZIP is ideal for affluent professionals, families seeking top-tier schools, and downsizers who prioritize walkability and proximity to Tampa's premier dining and retail hubs.
Median prices moved up 1.1% year over year.
Homes spend a median of 38 days on market with 3.7 months of supply — a fast-moving market.
32% of listings have cut prices · homes sell at 95.3% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 7.2% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 33606, Hillsborough County FL
Crime rates in the South Tampa area are generally lower than the city-wide average, with property crime being the primary concern in this highly walkable, urban-suburban environment.
The area is served by highly-rated public schools within the Hillsborough County Public Schools district, including several top-tier magnet and neighborhood schools.
The ZIP code is located in a coastal region with significant exposure to hurricane-related wind and storm surge risks, necessitating comprehensive flood and wind insurance coverage.
Development momentum is driven by high-end residential infill and the revitalization of the Hyde Park Village retail district, supported by proximity to the downtown Tampa employment core.
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 enjoy a short commute to downtown Tampa and the Westshore business district, with excellent access to the Selmon Expressway and major arterial roads.
The area features immediate access to Bayshore Boulevard, Hyde Park Village shopping, and numerous historic parks, providing a high-amenity lifestyle.
The rental market is characterized by high demand for luxury apartments and historic rental homes, with a significant presence of long-term residents and limited short-term rental inventory.
The local economy is anchored by the nearby downtown Tampa financial district, healthcare systems, and the Westshore commercial hub.
The area is served by major highway corridors including the Selmon Expressway and I-275, facilitating regional connectivity.
Ongoing development focuses on luxury residential infill and the continued expansion of mixed-use projects in the Hyde Park and downtown-adjacent corridors.
The Hillsborough County Property Appraiser manages assessments, utilizing a market-value approach adjusted for state-mandated homestead exemptions.
Parcels are subject to Hillsborough County ad valorem taxes and various municipal service taxing units for infrastructure and public safety.
Property insurance premiums in this coastal ZIP are elevated due to high hazard exposure, with many properties requiring specialized flood and wind policies.
Data retrieved from data.census.gov ZCTA-level tables.
- Busch Gardens Tampa Bay4.47.5 mi
- ZooTampa at Lowry Park4.65.2 mi
- Adventure Island4.18 mi
- Dave & Buster's Tampa - Brandon4.28.4 mi
- Dinosaur World4.518.2 mi
- Raymond James Stadium4.53.2 mi
- Benchmark International Arena4.61.3 mi
- Florida State Fairgrounds4.47.8 mi
- George M. Steinbrenner Field4.73.6 mi
- Tampa Convention Center4.51 mi
- Busch Gardens Tampa Bay4.47.5 mi
- The Florida Aquarium4.51.7 mi
- ZooTampa at Lowry Park4.65.2 mi
- AMC Veterans 244.57.8 mi
- Citrus Park Town Center4.511 mi
- The Dalí Museum4.715.4 mi
- Glazer Children's Museum4.51 mi
- Museum of Science & Innovation - MOSI3.98.9 mi
- Tampa Theatre4.81.2 mi
- Tampa Museum of Art4.20.9 mi
- Manatee Viewing Center4.711 mi
- Tampa Riverwalk4.80.9 mi
- Cypress Point Park4.54.4 mi
- Curtis Hixon Waterfront Park4.71 mi
- Carrollwood Village Park4.89.8 mi
- Rick's on the River4.31.7 mi
- Tampa Yacht & Country Club4.73.6 mi
- Davis Island Yacht Club4.62.5 mi
- Westshore Yacht Club Marina4.65.3 mi
- Paramount Water Sports & Jet Ski Rental4.81.1 mi
- Topgolf Tampa4.58.5 mi
- Topgolf Saint Petersburg4.412.1 mi
- Rogers Park Golf Course46.3 mi
- Mangrove Bay and Cypress Links Golf Courses411.9 mi
- Tampa Palms Country Club4.411.9 mi
- International Plaza and Bay Street4.63.4 mi
- Brandon Exchange4.49 mi
- Citrus Park Town Center4.511 mi
- Hyde Park Village4.70.3 mi
- WestShore Plaza4.43.4 mi
- Tampa International Airport4.64.4 mi
- St. Pete–Clearwater International Airport4.413.3 mi
- Lakeland Linder International Airport4.728.2 mi
- Rightway Parking4.31.1 mi
- Ambassador Limousine4.84 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
An upscale, open-air lifestyle center featuring luxury retail and dining.
The world's longest continuous sidewalk, popular for walking and jogging along the bay.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price diverges 44.4% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $500,000 failed independent re-validation and was removed (no prior-cycle value to revert to); the case is under review in the Command Center.