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Tampa, FL 33615 Real Estate Market Report

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


Executive Overview

As of April 2026, the real estate market in Tampa, FL (ZIP: 33615) is characterized by a median sold price of $420,000, reflecting a stable market environment. The neighborhood has seen a flat price trend, indicating that while there is no significant appreciation, the market remains resilient amidst changing conditions. The median days on market stands at 226 days, suggesting a slower sales velocity, which may indicate a shift towards a more balanced market as buyers have more time to consider their options.

The current market temperature is described as neutral, with elevated inventory levels contributing to a more cautious atmosphere. While the median listing price is recorded at $490,000, the gap between listing and sold prices could suggest pricing friction, as sellers may need to adjust expectations to align with buyer sentiment. Overall, the market appears to be stabilizing after a period of rapid growth, with local economic fundamentals remaining positive despite the elevated interest rate pressure.


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.

Analysis Window
90 Days
Total Properties Analyzed
166
Active Listings
100
Sold Properties
66

Market Metrics

Median Listing Price
$490,000
Median Sold Price
$420,000
Median Price per Sqft
$256/sqft

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.


Rental Market

Median Market Rent
$2,380
Rent Range
$1,860 - $2,920

Property Taxes

Property Tax Rate
1.23%

Liquidity & Velocity

Median Days on Market
226
Sale-to-List Ratio
100.0%

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.


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.

Price YoY Trend
flat
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
elevated

Key Findings

  1. The median sold price of $420,000 indicates stable market conditions, with no significant price appreciation over the past year.

  2. With a median days on market of 226 days, the market is experiencing slower sales velocity, suggesting buyers are taking more time to make decisions.

  3. The median listing price of $490,000 reflects a notable gap from the sold price, indicating potential pricing friction in the market.

  4. The market temperature is neutral, suggesting a balanced environment where neither buyers nor sellers hold a distinct advantage.

  5. Elevated inventory levels relative to sales activity may indicate a shift towards a more cautious market, requiring sellers to be flexible with pricing.


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.

Recent Transactions

5220 E Longboat Blvd, Tampa, FL 33615
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds
4 baths
3,736 sqft
$1,490,000
Jan 1, 2026
$399/sqft/sqft
131 days on market
10007 Marathon Ct, Tampa, FL 33615
Premium

Sold above market average

4 beds
3.5 baths
3,138 sqft
$1,280,000
Jan 1, 2026
$408/sqft/sqft
10731 Dowry Ave, Tampa, FL 33615
Premium

Sold above market average

3 beds
2 baths
2,241 sqft
$925,000
Feb 1, 2026
$413/sqft/sqft
663 days on market
7135 Hamilton Park Blvd, Tampa, FL 33615
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
1,502 sqft
$425,000
Mar 1, 2026
$283/sqft/sqft
70 days on market
4703 Cresthill Dr, Tampa, FL 33615
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
1 baths
1,498 sqft
$419,000
Mar 1, 2026
$280/sqft/sqft
249 days on market
10705 Donbrese Ave, Tampa, FL 33615
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
2 baths
1,369 sqft
$417,160
Jan 1, 2026
$305/sqft/sqft
5801 Cay Cove Ct, Tampa, FL 33615
Quick Flip

Sold below market average

3 beds
2.5 baths
2,585 sqft
$2,400
Mar 1, 2026
$1/sqft/sqft
4342 days on market
9214 Roundwood Ct, Tampa, FL 33615
Quick Flip

Sold below market average

3 beds
2 baths
1,248 sqft
$850
Feb 1, 2026
$1/sqft/sqft
8345 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 4/1/2026

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