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Rental & Real Estate Market Update July 2026

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I have your July 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 July 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 July 2026, the Median Rent was $2,795 and the Days on Market was 29 days. July was a good month to rent a house in Tampa Bay.

Compared to the previous month, rents have gone up 3.5% and is taking 2 less days to rent a house in Tampa Bay.

Compared to the same time last year, rents have increased 7.5% and is also taking 2 less days 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 July 2026, the National Median Rent was $2,325. 

Compared to the previous month, rents have increased a bit by 1% nationwide.

Compared to the same time last year, rents have decreased 1% nationwide.

In the graph here the blue line is Tampa Bay and the orange line is nationwide, you’ll see that the median rent appears to be rising again.

This next graph shows the history of the Days on Market for Tampa Bay which appears to continue to improve.

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

For the second straight month there were a lot of evictions filed. July had the most ever since I’ve been tracking evictions filings.

In July 2026, the number of Evictions Filed in Tampa Bay was 1,937. Hillsborough County had 1,395 eviction filings and Pinellas had 542.

That’s a 12.8% increase in eviction filings from a month ago and a 17.5% increase in eviction filings from a year ago in Tampa Bay.

I included a graph showing the eviction activity throughout the months. You can see how eviction filings have been rising in the summer months.

The Lease Renewal Rate for House2Home Properties.

Our Lease Renewal percentage as of last month is 85%.

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 July 2026, the Median Sales Price was $445,000. The Days on Market was 29 days and the Month’s Supply of Inventory increased to 4 Months.

Compared to the previous month, house prices have decreased 1.7% and is taking 2 days longer to sell a home in Tampa Bay. 

Compared to the same time last year, house prices have increased 2.3% and is taking 6 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 July 2026, the Median Home Sales List Price was $428,950 , that’s a 2.4% decrease from the previous year.

The Days on Market was 57 days, that’s 1 less day to sell a home from the previous year.

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

In the graph here the blue line is Tampa Bay and the orange line is nationwide, it appears that there’s not much change going on in the sales market.

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

In July 2026, the Mortgage Interest Rate was 6.58%. 

From the month prior, the interest rate increased 0.11%. The previous month’s rate was 6.47% . And from last year, the interest rate decreased 0.14%. The previous year’s rate was 6.72%.

In the graph here you’ll see interest rates are remaining stable.

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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