Rental & Real Estate Market Update for November 2025

I have your November 2025 House Rental & Sales Market Update for Tampa Bay & Nationwide.

Hi, I’m Michael Bielon with House2home Properties, with a real estate market update for November 2025.

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 November 2025, the Median Rent was $2,600 and the Days on Market was 41 days.

Compared to the previous month, rents have increased 4% and is taking 2 days longer to rent a house in Tampa Bay.

Compared to the same time last year, rents have increased 4% and is taking 14 days 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 November 2025, the National Median Rent was $2,250.

Compared to the previous month, rents have decreased 2% nationwide.

Compared to the same time last year, rents have stayed the same nationwide.

In the graph here the blue line is Tampa Bay and the orange line is nationwide, you’ll see the trend of Tampa Bay & nationwide rents.

This next graph shows the history of the Days on Market for Tampa Bay. You’ll see the trend is upward.

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

In November 2025, the number of Evictions Filed in Tampa Bay was 1,221.

Hillsborough County had 914 eviction filings and Pinellas had 307.

There was a 20.6% decrease in eviction filings from a month ago and a 15.9% decrease in eviction filings from a year ago in Tampa Bay.

I included a graph showing the eviction activity throughout the months. You’ll see eviction filings seem to drop in the October, November months.

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 November 2025, the Median Sales Price was $420,000. The Days on Market was 46 days and the Month’s Supply of Inventory was 5 Months.

Compared to the previous month, house prices have decreased 1.75% and is taking 4 days longer to sell a home in Tampa Bay.

Compared to the same time last year, house prices have decreased 3.73% and is taking 12 days longer 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 November 2025, the Median Home Sales List Price was $415,000, that’s a 0.4% decrease from the previous year.

The Days on Market was 64 days, that’s 3 days longer to sell a home from the previous year.

And the number of new sales listings increased 1.7% from the previous year nationwide.

In the graph here the blue line is Tampa Bay and the orange line is nationwide, you’ll see that the median sales price in Tampa Bay and nationwide is similar and on a downward trend.

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

In November 2025, the Mortgage Interest Rate was 6.26%.

From the month prior, the interest rate increased slightly .07%. The previous month’s rate was 6.19%

And from last year, the interest rate decreased .58%. The previous year’s rate was 6.84%.

In the graph here you’ll see the mortgage interest rate continues on a slight downward trend.

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.


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