dynamic.RE
dynamic.RELoading market data
An appreciation-lean market without the demand pressure to back it. The rent math runs thin.
What would change this read: a price correction (median already +5.2% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, −24.3% YoY, is the number to watch.
The median listing price is up 5.2% YoY while the median home got up 4.9% bigger, so value per square foot is up 0.4%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $799K purchase rents for $2,995/mo: 0.37% of price per month against the 1% rule's 1.00%.
Not shown: 5 BR (sale only, no matching rent), 6 BR (sale only, no matching rent), 8 BR (sale only, no matching rent).
Sales here take about 48 days longer to go under contract than rentals (median across 4 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented).
U.S. Census ACS characteristics for ZIP 33602 itself, not its parent county.
Renters hold 72.9% of this ZIP's 11,907 occupied households, on a median household income of $97K.
| Measure | ZIP 33602 | Hillsborough County | Difference |
|---|---|---|---|
| Median Household Income | $97K | $80K | +$18K |
| Below Poverty Level | 18.6% | 12.7% | +5.9% |
| Median Age | 33.80 | 37.90 | -4.10 |
| Total Population | 21,452 | 1,522,748 | -- |
| Avg Household Size | 1.75 | 2.56 | -0.81 |
| Owner-Occupied | 27.1% | 61.5% | -34.4% |
| Worked From Home | 28.5% | 20.7% | +7.8% |
| Mean Commute | 21.60 | 28.80 | -7.20 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 2.2% to 1,522,748: residents under 18 are up 1.3% and those 65 and over are up 3.6%.
County median household income is $80K, 12.7% of residents are below the poverty level, 20.7% work from home.