The story of this market
The typical home in ZIP 33629 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 33629 — Tampa
The 33629 housing market is currently experiencing a correction in median prices following a period of rapid appreciation, with sales volume remaining steady. While year-over-year price metrics show a significant decline, this is largely attributed to a shift in the mix of luxury properties sold rather than a broad market collapse. Demand remains supported by the area's high desirability and limited inventory of prime waterfront and near-waterfront real estate.
This ZIP is ideal for affluent families, professionals working in the nearby business hubs, and downsizers seeking proximity to high-end urban amenities and waterfront access.
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 3.0% · poverty 3.5% — a stable, low-distress profile.
Built from 25 recorded sales in the last 24 months against HUD 3-bedroom fair market rents. The location premium is the part of the price that rent, income, education, employment, vacancy, price trend, hazard, lending and flood risk don't explain. It usually reflects amenities, schools and scarcity. It's area context and does not change this ZIP's home value estimates.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 33629, Hillsborough County FL
The area is served by highly-rated public schools within the Hillsborough County Public Schools district, consistently recognized for strong academic performance.
The area faces moderate risk from tropical storms and hurricanes, typical of the Tampa Bay region, with flood insurance requirements varying by specific elevation.
Economic momentum is driven by proximity to the Westshore business district and downtown Tampa, with ongoing luxury residential and mixed-use redevelopment along the Bayshore corridor.
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 short drive times to the Westshore business district and downtown Tampa, though traffic congestion is common during peak hours.
The area features extensive access to the Bayshore Boulevard linear park, proximity to Hyde Park Village for shopping and dining, and numerous local community parks.
The rental market is characterized by high demand for luxury apartments and single-family homes, with limited vacancy pressure and a significant presence of long-term residential investors.
The economy is anchored by the nearby Westshore business district, which hosts major corporate headquarters, financial services, and professional firms.
The area is primarily car-dependent, though it benefits from proximity to major highway corridors including I-275 and the Selmon Expressway.
Ongoing redevelopment focuses on luxury infill projects and the modernization of existing residential stock along the waterfront.
The Hillsborough County Property Appraiser manages assessments, focusing on market value adjustments and homestead exemption compliance.
Parcels are subject to Hillsborough County municipal taxes and the Hillsborough County Public Schools district levy.
Property insurance premiums in the area are influenced by regional hurricane exposure and flood zone designations, with market rates trending upward.
Data retrieved from data.census.gov ZCTA-level profiles.
- Busch Gardens Tampa Bay4.49.6 mi
- ZooTampa at Lowry Park4.66.6 mi
- Adventure Island4.110 mi
- Dave & Buster's Tampa - Brandon4.210.9 mi
- Elev8 Fun4.310.5 mi
- Raymond James Stadium4.53.6 mi
- Benchmark International Arena4.63.9 mi
- Florida State Fairgrounds4.410.4 mi
- George M. Steinbrenner Field4.73.8 mi
- Tampa Convention Center4.53.6 mi
- Busch Gardens Tampa Bay4.49.6 mi
- The Florida Aquarium4.54.3 mi
- ZooTampa at Lowry Park4.66.6 mi
- St. Pete Pier4.712.5 mi
- AMC Veterans 244.57.6 mi
- The Dalí Museum4.713.2 mi
- Glazer Children's Museum4.53.5 mi
- Museum of Science & Innovation - MOSI3.911 mi
- Tampa Theatre4.83.7 mi
- Tampa Museum of Art4.23.5 mi
- St. Pete Pier4.712.5 mi
- Manatee Viewing Center4.711.5 mi
- Tampa Riverwalk4.83.5 mi
- Sunken Gardens4.712.1 mi
- Cypress Point Park4.52.5 mi
- Rick's on the River4.33.5 mi
- Tampa Yacht & Country Club4.73.3 mi
- Davis Island Yacht Club4.64 mi
- Westshore Yacht Club Marina4.63.3 mi
- Paramount Water Sports & Jet Ski Rental4.83.7 mi
- Topgolf Tampa4.510.9 mi
- Topgolf Saint Petersburg4.49.5 mi
- Rogers Park Golf Course48.4 mi
- Mangrove Bay and Cypress Links Golf Courses49.5 mi
- Cove Cay Golf Club3.712.8 mi
- International Plaza and Bay Street4.62.7 mi
- Brandon Exchange4.411.4 mi
- St. Pete Pier4.712.5 mi
- Citrus Park Town Center4.510.6 mi
- Hyde Park Village4.72.4 mi
- Tampa International Airport4.63.6 mi
- St. Pete–Clearwater International Airport4.410.8 mi
- Lakeland Linder International Airport4.730.8 mi
- Rightway Parking4.33.7 mi
- Ambassador Limousine4.83.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The world's longest continuous sidewalk, popular for walking, running, and waterfront views.
An upscale open-air shopping and dining district serving as a local social anchor.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price diverges 83.6% from the nearest retained anchor (researched-property base layer) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $1,717,000 could not be independently corroborated and was removed pending review (no prior-cycle value to revert to); the case is under review in the Command Center. Validation: the flagged $1,750,000 could not be independently corroborated and was removed pending review (no prior-cycle value to revert to); the case is under review in the Command Center. Validation: the flagged $949,000 could not be independently corroborated and was removed pending review (no prior-cycle value to revert to); the case is under review in the Command Center.