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Rental & Real Estate Market Update April 2026

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I have your April 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 April 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 April 2026, the Median Rent was $2,690 and the Days on Market was 36 days.

Compared to the previous month, rents have gone up 5.6% and is taking 1 less day to rent a house in Tampa Bay.

Compared to the same time last year, rents have gone up 5.5% and is taking 12 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 April 2026, the National Median Rent was $2,300. 

Compared to the previous month, rents have gone up 2.2% 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 that the median rent in Tampa Bay is on the same trend as nationwide but the rents in Tampa Bay are considerably higher.

This next graph shows the history of the Days on Market for Tampa Bay which is starting to drop but is still taking over a month to rent a house.

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

In April 2026, the number of Evictions Filed in Tampa Bay was 1,300.

Hillsborough County had 946 eviction filings and Pinellas had 354.

There was a no change in eviction filings from a month ago and a 5.4% increase in eviction filings from a year ago in Tampa Bay.

I included a graph showing the eviction activity throughout the 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 April 2026, the Median Sales Price was $435,000. The Days on Market was 33 days and the Month’s Supply of Inventory was 3 Months.

Compared to the previous month, house prices have increased 1.2% and is taking 5 less days to sell a home in Tampa Bay. 

Compared to the same time last year, house prices have increased 1.2% and is taking 5 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 April 2026, the Median Home Sales List Price was $425,000, that’s a 1.4% increase from the previous year.

The Days on Market was 52 days, that’s 2 days longer to sell a home from the previous year.

And the number of new sales listings increased 4.6% 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 is very similar with the median sales price nationwide. What’s interesting is it appears to take less time to sell a house than to rent a house in Tampa Bay.

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

In April 2026, the Mortgage Interest Rate was 6.23%. 

From the month prior, the interest rate remained the same. The previous month’s rate was 6.22% 

And from last year, the interest rate decreased 0.6%. The previous year’s rate was 6.83%.

In the graph here you’ll see that there’s not much movement going on with interest 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.

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