The story of this market
The typical home in ZIP 33647 sells for about $470,000, or $235 per square foot.
Prices are down 1.3% from a year ago, which gives buyers more room to negotiate. Homes take about 64 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,904 a month.
ZIP 33647 — Tampa
The 33647 housing market shows resilience with a median price of $470,000, though it has experienced a slight year-over-year decline of 1.3%. Inventory levels have increased, providing buyers with more options and negotiating room compared to previous years. The market remains supported by strong demand for suburban family housing and proximity to major employment hubs.
This ZIP is ideal for families and professionals seeking suburban master-planned living with access to high-quality schools, ample green space, and a relatively short commute to major northern Tampa employment centers.
Median prices moved down 1.3% year over year.
Homes spend a median of 64 days on market with 1.2 months of supply — a fast-moving market.
38% of listings have cut prices · homes sell at 98.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 8.7% — 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 6.6%/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 6.1%/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 33647, Hillsborough County FL
Crime rates in the New Tampa area (33647) are generally reported as lower than the Tampa city average, with the area characterized by suburban residential safety profiles.
The ZIP is served by the Hillsborough County Public Schools district, which includes several highly-rated elementary and middle schools that are a primary draw for families moving to the area.
The area is subject to standard Florida wind and storm risks; flood risk varies by specific subdivision, with many newer developments built to modern elevation standards.
New Tampa continues to see infill development and expansion of retail and medical infrastructure, supported by its proximity to major employment hubs like the University of South Florida and the Moffitt Cancer Center.
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.
Commuters primarily utilize I-75 and Bruce B. Downs Boulevard to access downtown Tampa and the Westshore business district, with typical commute times ranging from 30 to 45 minutes depending on traffic.
The area features extensive access to outdoor amenities including Flatwoods Park, Lettuce Lake Park, and numerous golf courses, alongside major retail centers like The Shops at Wiregrass located just north.
The rental market is robust with a mix of luxury apartment complexes and single-family home rentals, experiencing moderate vacancy pressure as new supply enters the broader Tampa market.
The local economy is anchored by healthcare, education, and professional services, with significant employment influence from the nearby University of South Florida and the Moffitt Cancer Center.
Transportation is heavily reliant on private vehicles, with I-75 serving as the primary north-south artery; public transit options are limited compared to the urban core.
Development is focused on mixed-use retail and medical office expansions along the Bruce B. Downs corridor to support the growing population.
The Hillsborough County Property Appraiser manages assessments, with annual adjustments based on market sales data and homestead exemption applications.
Parcels are frequently subject to Community Development District (CDD) fees used to fund infrastructure and amenities in master-planned communities.
Property insurance premiums in the area have seen upward pressure due to regional climate risks and broader Florida market conditions.
Florida continues to experience strong net domestic migration, with the Tampa Bay area remaining a top destination for retirees and remote workers.
Florida is a judicial foreclosure state, requiring court intervention for the foreclosure process, which typically extends the timeline for lenders.
Sellers are required to provide a comprehensive disclosure statement regarding the condition of the property, including known defects and history of repairs.
Data retrieved from data.census.gov ZCTA 33647 profile.
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 Bay4.48.4 mi
- ZooTampa at Lowry Park4.611.4 mi
- Epperson Lagoon4.29.7 mi
- Mirada Lagoon4.212.4 mi
- Adventure Island4.17.9 mi
- Raymond James Stadium4.514.6 mi
- Benchmark International Arena4.615.1 mi
- Florida State Fairgrounds4.410.7 mi
- George M. Steinbrenner Field4.714.6 mi
- Tampa Convention Center4.515.3 mi
- Busch Gardens Tampa Bay4.48.4 mi
- ZooTampa at Lowry Park4.611.4 mi
- Adventure Island4.17.9 mi
- AMC Highwoods 204.21.3 mi
- Dinosaur World4.512.8 mi
- Glazer Children's Museum4.514.9 mi
- Museum of Science & Innovation - MOSI3.97 mi
- Tampa Theatre4.814.8 mi
- Tampa Museum of Art4.215 mi
- Henry B. Plant Museum4.615.2 mi
- Hillsborough River State Park4.67.9 mi
- Carrollwood Village Park4.811.5 mi
- Lettuce Lake Park4.75 mi
- Wesley Chapel District Park4.68.8 mi
- Eureka Springs Park4.79.6 mi
- Saddlebrook Resort3.85.9 mi
- Rogers Park Golf Course49.6 mi
- TPC Tampa Bay4.110.5 mi
- Heritage Isles Golf & Country Club4.43.6 mi
- Plantation Palms Golf Club4.36.2 mi
- Tampa Premium Outlets4.53.8 mi
- The Shops at Wiregrass4.63.1 mi
- Krate at the Grove4.66.7 mi
- Publix Super Market at USF4.66.3 mi
- University Mall3.77.7 mi
- Tampa International Airport4.615.7 mi
- St. Pete–Clearwater International Airport4.425.9 mi
- Lakeland Linder International Airport4.723.3 mi
- Rightway Parking4.315.2 mi
- Ambassador Limousine4.814.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features a 7-mile paved loop trail popular for cycling and jogging.
Offers boardwalks, kayaking, and nature trails along the Hillsborough River.
Private golf and country club facility located within the ZIP.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).