The story of this market
The typical home in ZIP 33607 sells for about $440,000, or $277 per square foot.
Prices are up +7.98% from a year ago, so sellers still have some momentum. Homes take about 129 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,927 a month.
ZIP 33607 — Tampa
The 33607 housing market is currently balanced, with home values showing moderate year-over-year growth despite affordability pressures. High rental demand and a central location continue to drive interest, though inventory remains tight relative to sales volume. Buyers are finding more negotiating room compared to previous years as the market stabilizes.
This ZIP is ideal for young professionals and commuters who prioritize proximity to major employment hubs like Westshore and downtown Tampa, as well as investors seeking rental demand.
Median prices moved up 8.0% year over year.
Homes spend a median of 129 days on market with 3.5 months of supply — a balanced-paced market.
29% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 14.8% — 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 10.1%/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 7.7%/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 33607, Hillsborough County FL
Crime rates in the 33607 area are generally higher than the national average, reflecting typical urban density patterns for central Tampa.
Schools serving the area are part of the Hillsborough County Public Schools district, with performance ratings varying significantly by specific campus.
The area is subject to flood risks associated with its proximity to the Hillsborough River and Tampa Bay, necessitating flood insurance for many properties.
The area benefits from proximity to the Westshore business district and ongoing urban redevelopment projects near the stadium and airport corridors.
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 central location with convenient access to I-275 and the Veterans Expressway, providing relatively short commute times to downtown Tampa and the Westshore business district.
The ZIP code features proximity to Raymond James Stadium, Al Lopez Park, and various shopping and dining options along the Dale Mabry Highway corridor.
The rental market is robust with high demand from young professionals and commuters, supported by a mix of apartment complexes and single-family rentals.
The economy is anchored by the Westshore business district, which hosts numerous corporate headquarters, financial services, and hospitality employers.
The area is served by major highway corridors including I-275 and SR 60, with public transit provided by HART bus services.
Development is focused on high-density residential and commercial infill projects near major transit arteries.
The Hillsborough County Property Appraiser manages assessments, with annual adjustments based on market value and homestead exemptions.
Parcels are subject to Hillsborough County school and municipal taxes, with some areas potentially falling under specific community development districts.
Property insurance premiums are elevated due to regional wind and flood risk exposure, consistent with broader Florida market trends.
Florida continues to see strong net domestic migration, driving demand for housing in urban centers like Tampa.
Florida is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a residential property disclosure statement regarding the condition of the property.
Data retrieved from Census Reporter and data.census.gov.
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 Bay4.48.3 mi
- ZooTampa at Lowry Park4.64.8 mi
- Adventure Island4.18.8 mi
- Dave & Buster's Tampa - Brandon4.212.5 mi
- Elev8 Fun4.36.9 mi
- Raymond James Stadium4.52 mi
- Benchmark International Arena4.65.5 mi
- Florida State Fairgrounds4.410.7 mi
- George M. Steinbrenner Field4.71.7 mi
- Tampa Convention Center4.55.3 mi
- Busch Gardens Tampa Bay4.48.3 mi
- The Florida Aquarium4.55.9 mi
- ZooTampa at Lowry Park4.64.8 mi
- Citrus Park Town Center4.57 mi
- AMC Veterans 244.54.1 mi
- The Dalí Museum4.715.6 mi
- Tarpon Springs Sponge Docks4.718.6 mi
- Glazer Children's Museum4.54.8 mi
- Museum of Science & Innovation - MOSI3.99.6 mi
- Tampa Theatre4.84.9 mi
- Tampa Riverwalk4.84.8 mi
- Cypress Point Park4.51.7 mi
- Curtis Hixon Waterfront Park4.74.8 mi
- Carrollwood Village Park4.86.8 mi
- Lettuce Lake Park4.711.9 mi
- Rick's on the River4.33.8 mi
- Tampa Yacht & Country Club4.76.8 mi
- Davis Island Yacht Club4.66.9 mi
- Westshore Yacht Club Marina4.66.4 mi
- Paramount Water Sports & Jet Ski Rental4.85.5 mi
- Topgolf Tampa4.512.6 mi
- Topgolf Saint Petersburg4.49.8 mi
- Rogers Park Golf Course47.4 mi
- TPC Tampa Bay4.112.5 mi
- Mangrove Bay and Cypress Links Golf Courses411.2 mi
- International Plaza and Bay Street4.61.1 mi
- Countryside Mall4.512.5 mi
- Citrus Park Town Center4.57 mi
- Hyde Park Village4.74.4 mi
- WestShore Plaza4.41.9 mi
- Tampa International Airport4.60.3 mi
- St. Pete–Clearwater International Airport4.410.3 mi
- Rightway Parking4.35.3 mi
- Ambassador Limousine4.81.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Home of the Tampa Bay Buccaneers.
Large urban park with trails and ponds.
Major upscale shopping and dining destination.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).