Tampa, FL 33615 Real Estate Market Report

ZIP Code: 33615
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Tampa, FL (ZIP: 33615) is $422,000, reflecting a notable shift in market dynamics. This figure indicates a more stable environment compared to previous years, aligning with the overall trend of price stabilization. The neighborhood has decreased 8% since 2022, suggesting a cooling market as buyers adjust to elevated interest rates and rising insurance costs.

Transaction activity appears moderate, characterized by elevated inventory levels relative to sales. The median days on market stands at 203 days, indicating a slower sales velocity. This extended time frame may reflect buyer hesitance amid financial pressures, contributing to a neutral market temperature. Overall, the market is transitioning toward a more balanced state, although challenges remain for affordability.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Tampa FL average around 5.75% to 6.09%, which is notably lower than the 6.09% to 6.3% range seen for similar loans originated in early 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. $422,000 is the median sold price, indicating a decrease of 8% since 2022, suggesting a cooling market.

2. The median days on market is 203 days, reflecting a slower sales velocity and potential buyer hesitance.

3. Elevated inventory levels suggest excess supply relative to sales activity, impacting pricing dynamics.

4. The median market rent is $2,380, which may indicate pressure on affordability for potential buyers.

5. Current mortgage rates range from 5.75% to 6.09%, contributing to elevated interest rate pressure in the market.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.