Quick Answer: South Tampa's housing market looks different depending on which zip code you're in. In 33629, which covers Palma Ceia and Sunset Park, the median sale price is around $1.3 million, up 36.4 percent from last year, and homes are selling faster than they were in 2025. In 33606, covering Hyde Park and Davis Islands, homes are taking about twice as long to sell as last year. If you're buying or selling in South Tampa, the zip code matters more than ever.

Is South Tampa's housing market still hot in 2026?

It depends on where you look. Palma Ceia and Sunset Park, in zip code 33629, are running hot. The median sale price there is about $1.3 million, up 36.4 percent compared to a year ago, and homes are going under contract in around 40 days, down from 55 days last year. That's a market still moving with real energy. Hyde Park and Davis Islands, in zip code 33606, tell a different story. Homes there sell for a median of around $805,000, and they're taking about 47 days to sell, more than double the 23 days it took a year ago. Same general area, two very different paces.

How much do homes cost in South Tampa right now?

Price really depends on the zip code. In 33629, covering Palma Ceia and Sunset Park, the median sale price sits around $1.3 million. In 33606, covering Hyde Park and Davis Islands, the median is closer to $805,000. Over in 33611, which covers Ballast Point and the Westshore Marina District, the median comes in lower still at around $540,000, making it the most attainable entry point into the South Tampa lifestyle. For comparison, Hillsborough County as a whole has a median home price closer to $395,000, so even the most affordable corner of South Tampa runs well above the countywide number.

Why is Hyde Park taking longer to sell than it used to?

Hyde Park and Davis Islands have added a good amount of new condo and townhome inventory in recent years, especially near Water Street and along Bayshore Boulevard. More homes for sale means buyers have more to compare, so they're taking their time. Homes in 33606 are now averaging 47 days on market, compared to just 23 days a year ago. That's a real shift. For sellers in this area, it means pricing and presentation matter more than they did during the faster years. For buyers, it's a window to negotiate that hasn't existed much in this neighborhood lately.

Why is 33629 still moving fast while other zip codes slow down?

Palma Ceia and Sunset Park remain some of the most requested addresses in Tampa, and that demand hasn't let up. Homes there are going under contract in about 40 days, which is actually faster than last year's 55 days. Prices have climbed sharply too, up 36.4 percent year over year. Part of this comes from a smaller number of high end sales pulling the median up, so it's worth looking at specific comparable homes rather than just the headline number. Still, the trend is clear. Buyers want into this part of South Tampa, and they're willing to move quickly when the right home comes up.

What should buyers and sellers do differently across these zip codes?

Treat each South Tampa zip code as its own market, because right now they really are. In 33629, sellers can price with more confidence, and buyers should be ready to act fast on well priced homes. In 33606, sellers need to lean harder on pricing and staging since homes are sitting longer, and buyers have more room to negotiate. In 33611, the more attainable price point keeps things steady, which makes it a solid option for buyers who want the South Tampa lifestyle without the highest price tag. Talk with an agent who's tracking the numbers zip code by zip code, not just the South Tampa area as a whole.

By the Numbers

• 33629 (Palma Ceia, Sunset Park) median sale price: about $1.3 million, up 36.4 percent year over year
• 33629 days on market: 40 days, down from 55 days last year
• 33606 (Hyde Park, Davis Islands) median sale price: about $805,000
• 33606 days on market: 47 days, up from 23 days last year
• 33611 (Ballast Point, Westshore Marina District) median sale price: about $540,000
• 33611 days on market: 46 days, up from 42 days last year
• Hillsborough County median home price: about $395,000
• Tampa metro overall days on market: 41 days

The Bottom Line

South Tampa isn't one market right now, it's three. Palma Ceia and Sunset Park are still moving fast with rising prices. Hyde Park and Davis Islands have slowed down and now favor buyers with more patience. Ballast Point and the Marina District stay steady and more attainable. Whichever part of South Tampa you're watching, the zip code level numbers tell the real story, so look there before you price a listing or make an offer.

Frequently Asked Questions

Is 33629 a seller's market right now? It's leaning that way. Homes are selling faster than last year and prices are up sharply, which gives sellers more room to negotiate than in slower parts of South Tampa.

Why are homes in Hyde Park sitting longer? More inventory, especially new condos and townhomes near Water Street and Bayshore, has given buyers more choices, which slows down the pace of sales.

Which South Tampa zip code is the most affordable? 33611, covering Ballast Point and the Westshore Marina District, has the lowest median sale price of the three at around $540,000.

Should I price my South Tampa home based on the whole neighborhood? No. Price based on your specific zip code and recent comparable sales. South Tampa's zip codes are moving at very different speeds right now.

Is now a good time to buy in Hyde Park? It's a better time than it's been in a few years. Longer days on market mean more room to negotiate on price and terms.

Sources

• Redfin (https://www.redfin.com/zipcode/33629/housing-market): 33629 median sale price and days on market
• Redfin (https://www.redfin.com/zipcode/33606/housing-market): 33606 median sale price and days on market
• Redfin (https://www.redfin.com/zipcode/33611/housing-market): 33611 median sale price and days on market
• Redfin (https://www.redfin.com/city/18142/FL/Tampa/housing-market): Tampa metro overall days on market
• Smith & Associates Real Estate (https://www.smithandassociates.com/blog/south-tampa-real-estate-update-for-2026.html): Hillsborough County median home price context

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Leanna Tillman, Realtor® with Y Realty, serving Tampa, St. Petersburg, Seminole Heights, Wesley Chapel, and Apollo Beach.
📱 (813) 334-6560 | 📧 singingrealtortampa@gmail.com
License: SL3645393
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