The housing in 33616 Tampa, FL is quite impressive compared to the national US median value. The housing median value in 33616 Tampa, FL is $388,500, which is significantly higher than the median value of 338,100 across the USA. In addition to the relatively high median value of homes in 33616 Tampa, FL, it also has experienced a much higher house appreciation rate over the past year than the national average. The US 1-year house appreciation rate was 8.27%, while the 1-year house appreciation rate for 33616 Tampa, FL was 19.69%. This shows that home values in this area are rising at a much faster rate than in other parts of the country.
The median home cost in Tampa (zip 33616) is $388,500. Home appreciation the last 10 years has been 198.9%. Home Appreciation in Tampa (zip 33616) is up 27.3%.
Average Age of Homes
- The median age of Tampa (zip 33616) real estate is 29 years old
The Rental Market in Tampa (zip 33616)
- Renters make up 50.9% of the Tampa (zip 33616) population
- 2.0% of houses and apartments in Tampa (zip 33616), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.