Tampa, FL 33615 Real Estate Market Report

ZIP Code: 33615
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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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.

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Key Findings

1. The primary market indicator, the median sold price is 419,900, which represents the most reliable recent transaction-level signal of value for SFR and condo properties in ZIP 33615.

2. There is a substantial gap between median listing price (529,950) and the median sold price (419,900), which may indicate pricing friction and elevated seller expectations versus realized transaction values; this dynamic appears alongside a neutral market temperature.

3. Liquidity appears subdued: the median days on market is 252, a level that suggests slower sales velocity and that properties may require longer marketing time to reach contract, even as the market remains broadly neutral.

4. Macro and demand signals are mixed: year-over-year, price is reported as down and rent is reported as down, while interest rate pressure is elevated, which together may constrain near-term price recovery and buyer affordability; meanwhile the median price per square foot is 270 and the median market rent is 1,900, providing current unit-level context for valuation discussions.

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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.

Tampa, FL 33615 Real Estate Market Report

ZIP Code: 33615
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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

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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.

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Key Findings

1. The primary indicator, median sold price, is 173,000, which points to recent transaction-level market value and supports a modest downward bias in resale pricing given broader trends; down price year-over-year trend signals softening pressure on sale prices.

2. The median listing price is 180,000, which sits above the median sold price (173,000), suggesting some pricing friction between seller expectations and completed transactions and consistent with a market that appears balanced to slightly cool.

3. The market shows slower liquidity: median days on market is 326, which may indicate prolonged time-to-contract and reduced sales velocity even as the analyzed sample reflects relatively constrained active supply.

4. Rent dynamics are weakening with median market rent at 1,625 and a year-over-year rent trend of down, while interest rate pressure is elevated (elevated), both of which may temper investor appetite and near-term demand for SFR and condominium purchases.

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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.