Davis Islands
Homes for Sale in Tampa, FL

Davis Islands market snapshot (as of September 12, 2026): the median sale price is about $4.50M ($714 per sq ft over the trailing 12 months of closed sales), and a median 169 days on market for closed sales. The trailing-12-month median is up 176% from the prior 12 months, computed from record-level Stellar MLS closed sales (7 closings in the current window).

In ZIP 33606 (Tampa), 207 homes closed in the last 12 months at a median of $1.10M ($571/sq ft), up 13.4% year over year, with a median 68 days on market. Right now 46 active and 21 pending listings put supply at about 4.0 months — a balanced market. See the live ZIP 33606 housing market and the Hillsborough County market.

Stellar MLS sales records identify 393 homes in Davis Islands that have changed hands since 2004, built between 1924 and 2026 (median 1968), with a median living area of about 3,004 sq ft and a typical 4-bedroom, 3-bath layout; 95% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

This is a small, high-end island market inside Tampa where the value lives in the land and the build quality, and the roughly 72% homestead share signals a stock held by owner-occupants rather than churned by investors.

With about 360 homes and a build range spanning nearly a century, Davis Islands is not one market but several stacked on the same streets. A 1962-vintage median tells you a large share of the stock predates modern construction, which means a buyer's real question is whether they are buying to renovate, to hold as-is, or to rebuild. That decision, more than location alone, sets the price you should pay and the work ahead of you.

Liquidity is the constraint to plan around. A 169-day median means well-priced homes still take months, and mispriced ones can sit far longer. With only 7 recent closings, both sides are negotiating in low light, so independent judgment on condition, flood and elevation, and rebuild economics matters more here than in a deep, fast-moving submarket.

In a thin market with wide condition-driven pricing, the value we add is discipline: separating land value from improvement value, reading the small comp set honestly, and pricing to the actual product rather than to a headline year-over-year figure. On the buy side we slow you down at inspection and rebuild math; on the sell side we set expectations for a listing that may take months, not days.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.