The story of this market
The typical home in ZIP 33609 sells for about $667,450, or $385 per square foot.
Prices are down 4.2% from a year ago, which gives buyers more room to negotiate. Homes take about 43 days to sell. HUD's fair market rent for a two-bedroom is $1,861 a month.
ZIP 33609 — Tampa
The 33609 housing market is currently balanced, with a median sale price of $667,450 reflecting a slight year-over-year correction. Inventory remains tight at 22 active listings, and buyers are successfully negotiating discounts off asking prices. The area remains highly desirable due to its central location and proximity to major employment hubs.
This ZIP is ideal for affluent young professionals, established families, and investors seeking proximity to Tampa's primary business districts and high-end lifestyle amenities.
Median prices moved down 4.2% year over year.
Homes spend a median of 43 days on market with 2.5 months of supply — a fast-moving market.
35% of listings have cut prices · homes sell at 93% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 8.6% — 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 7.7%/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 8.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 33609, Hillsborough County FL
Crime rates in the area are generally considered moderate, with property crime being the primary concern compared to violent crime. The area trends consistent with broader urban Tampa patterns.
The area is served by Hillsborough County Public Schools, with several highly-rated magnet and neighborhood schools located within or near the ZIP code.
The area faces moderate flood risk due to its proximity to Tampa Bay and low-lying coastal topography, necessitating flood insurance for many properties.
The area benefits from proximity to the Westshore business district and downtown Tampa, driving steady demand for infill residential development and luxury renovations.
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 an average commute of approximately 21 minutes to major employment hubs like Westshore and Downtown Tampa.
The area features proximity to the Bayshore Boulevard linear park, various local neighborhood parks, and high-end shopping and dining districts like Hyde Park Village.
The rental market is robust with high demand from young professionals, though vacancy pressure remains low due to limited new multi-family inventory.
The economy is anchored by the nearby Westshore business district, which hosts major corporate headquarters, financial services, and professional firms.
The area is highly accessible via major corridors like I-275 and Kennedy Boulevard, facilitating easy transit to downtown and the airport.
Development is primarily focused on luxury residential infill and small-scale commercial revitalization along major arterial roads.
The Hillsborough County Property Appraiser manages assessments, focusing on market-based valuations with annual adjustments.
Parcels are subject to Hillsborough County school and municipal tax levies; no major MUDs are prevalent in this established urban core.
Property insurance premiums are rising due to regional hurricane risk and broader Florida market volatility.
Data retrieved from Census Reporter and ACS 2024 profiles.
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 Bay4.48.9 mi
- ZooTampa at Lowry Park4.65.8 mi
- Adventure Island4.19.4 mi
- Dave & Buster's Tampa - Brandon4.211.1 mi
- Elev8 Fun4.39.5 mi
- Raymond James Stadium4.52.6 mi
- Benchmark International Arena4.63.9 mi
- Florida State Fairgrounds4.410.1 mi
- George M. Steinbrenner Field4.72.8 mi
- Tampa Convention Center4.53.7 mi
- Busch Gardens Tampa Bay4.48.9 mi
- The Florida Aquarium4.54.3 mi
- ZooTampa at Lowry Park4.65.8 mi
- AMC Veterans 244.56.6 mi
- Citrus Park Town Center4.59.6 mi
- The Dalí Museum4.714 mi
- Glazer Children's Museum4.53.4 mi
- Museum of Science & Innovation - MOSI3.910.3 mi
- Tampa Theatre4.83.5 mi
- Tampa Museum of Art4.23.3 mi
- Manatee Viewing Center4.712.4 mi
- Tampa Riverwalk4.83.3 mi
- Sunken Gardens4.712.8 mi
- Cypress Point Park4.51.8 mi
- Curtis Hixon Waterfront Park4.73.4 mi
- Rick's on the River4.33 mi
- Tampa Yacht & Country Club4.74.3 mi
- Davis Island Yacht Club4.64.6 mi
- Westshore Yacht Club Marina4.64.2 mi
- Paramount Water Sports & Jet Ski Rental4.83.8 mi
- Topgolf Tampa4.511.1 mi
- Topgolf Saint Petersburg4.49.6 mi
- Rogers Park Golf Course47.7 mi
- Mangrove Bay and Cypress Links Golf Courses410.1 mi
- Cove Cay Golf Club3.712.6 mi
- International Plaza and Bay Street4.61.6 mi
- Brandon Exchange4.411.6 mi
- Citrus Park Town Center4.59.6 mi
- Hyde Park Village4.72.5 mi
- WestShore Plaza4.40.8 mi
- Tampa International Airport4.62.6 mi
- St. Pete–Clearwater International Airport4.410.8 mi
- Lakeland Linder International Airport4.730.8 mi
- Rightway Parking4.33.7 mi
- Ambassador Limousine4.82.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
World's longest continuous sidewalk, popular for exercise and bay views.
Upscale outdoor shopping and dining district serving the local community.
Highly regarded public high school that serves as a community anchor.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).