Momentum Research · Market data
St. Petersburg median$395,400+4.1%Days on market39−8.0dSale to list94.2%Price cuts29.9%Closed sales1,565Florida median, all residential$430,304+3.2%As of2026-07

St. Petersburg housing market data

Pinellas County. Monthly medians of closed residential sales, computed from MLS records licensed by Momentum Realty. Latest complete month: 2026-07.

Median closed price
$395,400
▲ 4.1% vs 2025-07
Median days on market
39
▼ 8 days vs 2025-07
Sale to original list
94.2%
of first asking price
Closed sales
1,565
in 2026-07

The market in context

These come from outside sources, not from our MLS records. We keep them separate so you can see where an independent series agrees with ours and where it does not.

Median household income
$70,293
ACS 5-year, 2023
Price to income
5.6×
median home ÷ median income
Est. annual property tax
$6,696
19.39 mills, homesteaded
Fair market rent, 2BR
$1,977
HUD FY2026
Zillow ZHVI
$371,631
-6.0% vs our median
Active inventory
8,832
+19% vs 2019

Share of listings with a price cut

2018-03 to 2026-06 · latest 29.9%
38291910201820192020202120222023202420252026
Context sources. Median household income: U.S. Census American Community Survey 5-year estimates, 2023 vintage. Property tax: county millage, FY2025-26 adopted, applied to the median closed price less Florida's $50,000 homestead exemption, an estimate for a homesteaded primary residence, not a tax bill, and municipal and special-district millage varies within every county. Fair market rent: HUD, by bedroom count. Zillow Home Value Index: a different methodology from ours. ZHVI estimates the value of the typical home, while our figure is the median of homes that actually closed, so the two will not match and the gap is shown rather than hidden. Inventory and price-cut share: county series, June 2026 vintage. Multi-county markets weight each county by its closed-sale count.

Buyers and sellers

Redfin publishes a monthly estimate of buyers and a count of sellers, active listings, for this metro, through 2026-07. The buyer line is a Redfin model estimate, not a count. These figures are Redfin's, not computed from our MLS feeds.

Redfin's latest estimate for the Tampa metro puts 24,843 active sellers against roughly 14,222 buyers in the market, about 1.7 sellers for every buyer. A year ago the ratio was 2.1 to one, so the balance has moved back toward sellers. The seller line is counted listings; the buyer line is Redfin's model estimate, so treat the level as directional and the trend as the signal.

Tampa metro, buyers and sellers, all residential
Buyers, estimatedSellers, active listings
10K20K30K2016201720182019202020212022202320242025202624,843Sellers14,222BuyersRedfin, Balance of Power, through 2026-07 · movewithmomentum.com
Tampa metro, buyers and sellers, condos and co-ops
Buyers, estimatedSellers, active listings
2K4K201620172018201920202021202220232024202520265,158Sellers1,842BuyersRedfin, Balance of Power, through 2026-07 · movewithmomentum.com

Homes for sale and homes going under contract

Both lines are counted from Redfin's county file: active listings, and pending sales, contracts signed that month. Neither is an estimate of buyers. The chart's source line carries the latest month in the file. These figures are Redfin's, not computed from our MLS feeds.

In 2026-07, 8,895 homes were listed for sale across the St. Petersburg market and 1,726 went under contract. A year earlier the counts were 9,947 and 1,676, so homes for sale are down 10.6% and contracts are up 3.0% over twelve months. Fewer homes and more contracts is the shape of a market tightening toward sellers.

St. Petersburg, homes for sale and going under contract, monthly since 2012
Homes for sale, active listingsGoing under contract, pending sales
05K10K201220142016201820202022202420268,895For sale1,726Under contractRedfin, Housing Market Tracker county file, through 2026-07 · movewithmomentum.com

What renters are asked to pay

Typical ASKED rent for units listed on Zillow (Zillow Observed Rent Index), by county, monthly. Asking rent is what new listings seek, not what sitting tenants pay; renewals are invisible to it. These figures are Zillow's, not computed from our MLS feeds.

Pinellas asks $2,023, flat in a year and 57% above 2019 levels. Asking rent describes new listings, not renewals, so a flat or falling line here reaches sitting tenants slowly and shows up first in concessions on new leases.

St. Petersburg, typical asked rent (ZORI), monthly since 2015
Pinellas
$1,000$1,500$2,000201520162017201820192020202120222023202420252026$2,023Zillow Observed Rent Index (ZORI), through 2026-07 · movewithmomentum.com

Every metric

Median closed price

$395,400
+4.1% year over year
#6 of 19 markets, year-over-year change
2004-06 to 2026-07
Full history →
$640k$455k$270k$85k20042007201020132016201920222025

Median $/sq ft

$283
+2.5% year over year
#7 of 16 markets, year-over-year change
2004-06 to 2026-07
Full history →
$561$391$221$5120042007201020132016201920222025

Median days on market

39
-17.0% year over year
#16 of 19 markets, year-over-year change
2004-06 to 2026-07
Full history →
23715574-820042007201020132016201920222025

Sale-to-original-list ratio

94.2%
+1.8% year over year
#7 of 19 markets, year-over-year change
2004-06 to 2026-07
Full history →
101%94%86%79%20042007201020132016201920222025

Closed sales

1,565
+11.5% year over year
#7 of 19 markets, year-over-year change
2004-06 to 2026-07
Full history →
2.4k1.6k734-10820042007201020132016201920222025

Closed sales, new construction

60
+42.9% year over year
#1 of 18 markets, year-over-year change
2004-06 to 2026-07
Full history →
17811653-920042007201020132016201920222025

Closed sales, resale

1,505
+10.6% year over year
#5 of 15 markets, year-over-year change
2004-06 to 2026-07
Full history →
2.4k1.5k716-11220042007201020132016201920222025

Median price, new construction

$975,000
+12.1% year over year
#3 of 18 markets, year-over-year change
2004-06 to 2026-07
Full history →
$4,449k$2,901k$1,352k$-195,82020042007201020132016201920222025

Median price, resale

$389,000
+3.7% year over year
#10 of 15 markets, year-over-year change
2004-06 to 2026-07
Full history →
$656k$464k$271k$79k20042007201020132016201920222025

New-construction premium

150.6%
+14.1% year over year
#5 of 13 markets, year-over-year change
2004-06 to 2026-07
Full history →
3078%1971%864%-243%20042007201020132016201920222025

Median size (sq ft)

1,392
+0.8% year over year
#11 of 16 markets, year-over-year change
2004-06 to 2026-07
Full history →
1,8401,6021,3651,12720042007201020132016201920222025

Median bedrooms

3.0
0.0% year over year
#7 of 14 markets, year-over-year change
2004-06 to 2026-07
Full history →
3.12.72.31.920042007201020132016201920222025

Median year built

1,974
0.0% year over year
#11 of 14 markets, year-over-year change
2004-06 to 2026-07
Full history →
1,9911,9801,9701,95920042007201020132016201920222025

St. Petersburg coverage

All St. Petersburg stories

Method. Monthly medians of closed residential sales for Pinellas County. The partial current month is excluded rather than plotted short. County-months with fewer than 25 closed sales are dropped. Multi-county figures are an n-weighted average of county medians, which approximates a pooled median but is not one. Data may be preliminary and subject to revision by its source. See our editorial standards and corrections policy.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Information deemed reliable but not guaranteed. Equal Housing Opportunity.
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