Is Odessa, FL 33556 a buyer’s or seller’s market?

The Odessa housing market right now

In the three months ending August 31, 2026, 13% of homes in Odessa, FL 33556 sold above their list price, the typical home went under contract in 43 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 203 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 8%, homes sold more slowly (36 days then) and the median sale price fell 3% to $698,698. Overall, Odessa is about as competitive as it was a year ago.

Within Hillsborough County, homes here sell faster than in 61% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Odessa ranks #97 of 796 FL ZIP codes with enough sales (score 35 out of 100).

Nearby, buyers who want less competition could look at Tampa 33609 (1% sold over asking) or Tampa 33606 (4% sold over asking), while Lutz 33559 (25% sold over asking) and Tampa 33619 (22% sold over asking) are even more competitive.