Port Tampa, Tampa, FL—33616
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Port Tampa, Tampa, FL
As of Oct '25, the median home price in Port Tampa, Tampa, FL is $406,000, with a year-over-year change of -5.6%. This indicates that home prices in Port Tampa, Tampa, FL are decreasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $406,000 | -5.6% |
| Single Family | $405,000 | -6.0% |
| Condos | $505,000 | -4.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $301,000 | -9.3% |
3 Bed | $398,000 | -5.7% |
4 Bed | $607,000 | -2.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Port Tampa, Tampa, FL
As of July '25, Rentcast reports the average rent in Port Tampa, Tampa, FL is $2,660, with a year-over-year rent change of -6.0%. Per bedroom, the median rent as of July '25 in Port Tampa, Tampa, FL is studios: $2,060, 1-bedrooms: $1,520, 2-bedrooms: $2,130, 3-bedrooms: $3,010, 4-bedrooms: $3,670. The most common rental property sizes in Port Tampa, Tampa, FL are 2-bedroom and 1-bedroom, accounting for 43.3% and 27.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,360 | $2,660 |
| Studio Rent | $1,860 | $2,060 |
| 1 Bed Rent | $1,400 | $1,520 |
| 2 Bed Rent | $1,850 | $2,130 |
| 3 Bed Rent | $2,750 | $3,010 |
| 4 Bed Rent | $3,500 | $3,670 |
% of Rental Stock
Property Listings — Port Tampa, Tampa, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Port Tampa, Tampa, FL is 67. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $447,000 | -16.0% |
Listing Count | 119 | 35.0% |
| Listings as % of Homes | 1.3% | 35.0% |
Days on Market | 67 | -5.0% |
Demographics — Port Tampa, Tampa, FL
As of the latest ACS Survey released in 2023, Port Tampa, Tampa, FL has a population of 14,800, which has decreased by -8.4% over the past 5 years. Port Tampa, Tampa, FL is a moderately popular place for families, as children make up 19.9% of the population. The area has a highly educated workforce, with 47.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,800 | -8.4% |
% Under 18 | 19.9% | -12.7% |
% Seniors | 10.7% | 1.9% |
% WFH | 15.3% | 240.0% |
% w/ College Degree | 47.1% | 44.5% |
As of the latest ACS Survey released in 2023, Port Tampa, Tampa, FL is a predominantly white area, with 60.1% of the population identifying as white. The white population has shrunk by 2.6% in the last 5 years. The second most common race or ethnicity in Port Tampa, Tampa, FL is hispanic, making up 15.8% of the population. Foreign-born residents account for 12.5% of the population in Port Tampa, Tampa, FL, and this percentage has decreased by 7.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 60.1% | -2.6% |
% Black | 13.8% | 13.1% |
% Hispanic | 15.8% | -3.7% |
% Asian | 3.6% | -10.0% |
% Foreign Born | 12.5% | -7.4% |
Mortgage and Risk — Port Tampa, Tampa, FL
According to HUD data as of 2023, there were 464 mortgage originations in Port Tampa, Tampa, FL, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Port Tampa, Tampa, FL. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 464 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 1.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Port Tampa, Tampa, FL
As of 2024, the percent of homes in Port Tampa, Tampa, FL under the Section 8 program is 4.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Port Tampa, Tampa, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 177 |
Total Units Section 8 | 152 |
% Rentals under Section 8 | 4.7% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $530 | $1,400 | $1,930 |
| 2 Bedroom | $410 | $1,850 | $2,260 |
| 3 Bedroom | $140 | $2,750 | $2,890 |
| 4 Bedroom | $20 | $3,500 | $3,520 |
Affordability — Port Tampa, Tampa, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $406,000 |
| Median Household Income | $89,000 |