Skip to main content

Rental & Real Estate Market Update August 2026

Free “Market Update” Newsletter

Ever wonder “how’s the market”?

Now you can stay current on the rental market in Tampa Bay and nationwide.

Subscribe today!

I have your August 2026 House Rental & Sales Market Update for Tampa Bay & Nationwide.

Hi, I’m Michael Bielon with House2home Properties, with a real estate market update for August 2026.

We manage single family homes in Tampa Bay and we’ll go over the median rents for single family homes, eviction filings, the sales market and interest rates.

We’ll Start with the Rental Numbers from the MLS.

This is for Houses in Tampa Bay, which will be Hillsborough & Pinellas Counties:

In August 2026, the Median Rent was $2,750 and the Days on Market was 31 days.

Compared to the previous month, rents have decreased 2% and is taking 2 days longer to rent a house in Tampa Bay.

Compared to the same time last year, rents have increased 8% and is taking 1 day longer to rent a house from a year ago in Tampa Bay.

Here are Zillow’s National Rental Numbers for Houses (for the entire United States).

In August 2026, the National Median Rent was $2,300.

Compared to the previous month, rents have decreased 1% nationwide.

Compared to the same time last year, rents have decreased 2% nationwide.

The graph here shows the median rent. The blue line is Tampa Bay and the orange line is nationwide.

This next graph shows the history of the Days on Market for Tampa Bay.

Here are the Number of Eviction Filings in Tampa Bay, this is for Hillsborough & Pinellas Counties.

In August 2026, the number of Evictions Filed in Tampa Bay was 1,611.

Hillsborough County had 1,164 eviction filings and Pinellas had 447.

There was a 17% decrease in eviction filings from a month ago and a 3% increase in eviction filings from a year ago in Tampa Bay.

I included a graph showing the eviction filings.

The Lease Renewal Rate for House2Home Properties.

Our Lease Renewal percentage as of last month is 84%.

Let’s move on from the rental market to the sales market.

Now for the Sales Numbers From the MLS.

This is for Houses sold in Tampa Bay, which will be Hillsborough & Pinellas Counties:

In August 2026, the Median Sales Price was $432,300. The Days on Market was 34 days and the Month’s Supply of Inventory was 4 Months.

Compared to the previous month, house prices have decreased 3% and is taking 5 days longer to sell a home in Tampa Bay.

Compared to the same time last year, house prices have increased 1% and is taking 7 less days to sell a home from a year ago in Tampa Bay.

Here are Realtor.com’s National Home Sales (this is for the entire United States)

In August 2026, the Median Home Sales List Price was $424,500, that’s a 1.3% decrease from the previous year.

The Days on Market was 60 days, that’s about the same amount of time to sell a home from the previous year.

And the number of new sales listings remained the same from the previous year nationwide.

The graph shows the median sales price. The blue line is Tampa Bay and the orange line is nationwide.

Now the National 30 Year Fixed Rate Mortgage (per the St. Louis Fed)

In August 2026, the Mortgage Interest Rate was 6.65%.

From the month prior, the interest rate remained the same.

And from last year, the interest rate increased slightly by 0.09%.

This graph shows the trend of mortgage rates.

Okay, that’s your monthly market update, I hope you enjoyed this. If you need property management for your house, please reach out to me.

My name is Michael Bielon and I'm always here if you need help with your property.

Thank you for watching.



back