33704 (St. Petersburg)
Housing Market
Median sale price $758,000, up 20.0% year over year, with homes going under contract in about 47 days, 21 homes on the market.
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Housing Market Analyst
Inventory sits at 1.9 months of supply — tight by the 3-to-6-month balanced benchmark, and 41% of listed homes are already under contract. Prices are up 20.0% versus the prior year and sellers are still collecting 92.4% of asking. Taken together, the data points to a seller-leaning market.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors sellers.
- Prices — pressure remains upward while supply stays this thin.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Negotiating power — sellers hold the leverage while 41% of inventory sits under contract.
- Mortgage sensitivity — at 5.3× income, this market is highly sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current 33704 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
One inventory number hides four different markets
Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.
Where 33704 is hot — and where it isn't
Each dot is a community (49 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on 33704 (St. Petersburg)
The median sale price across 33704 currently stands at $758,000, up 20.0% from a year ago. Buyers are paying a median of $446 per square foot. The typical home goes under contract in about 47 days. Sellers are capturing 92.4% of their original asking price on average.
There are 21 active listings on the market, with 16 more already under contract. At the current sales pace that works out to 1.9 months of supply — a seller-leaning market by the standard six-month benchmark. 181 homes closed here over the trailing 12 months.
Zillow's home value index for Pinellas County stands at $371,631. About 30% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for 33704 is 73 of 100 — healthy market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of August 6, 2026.
33704 since 2012 — and where it’s heading
A median home here sold for $442,343 in 2012 and $919,908 over the last recorded year — 108% appreciation across 14 years of recorded sales. Cash buyers took 44% of recent sales, down from a 50% peak.
Median sale price · 2012–2026 (3,666 recorded sales)
Days on market by year
Cash buyers · share of sales
Home value trend · Pinellas County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Pinellas County (MLS)
What’s driving 33704
Top inbound states: NY, CA, NJ, PA. Movers arriving report ~$95,596 average income. Source: IRS SOI county-to-county migration, 2022-2023
20,791 Citizens policies in force in Pinellas County — the state-backed insurer of last resort. Budget insurance into any Pinellas purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
1,376 single-family · 2,822 multi-family · 4.4 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
The most crowded shelf in the market. Sellers here are competing hardest — which means overpaying in this band is the most avoidable mistake in 33704 right now.
The tightest band — sellers in this range hold the most leverage, and buyers should walk in with financing done and terms clean.
Sellers: price to the last 60 days of comps, not the peak — well-prepared listings are still commanding strong terms. Buyers: get underwritten now so you can move when the right house hits.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
Nearby ZIP codes in Pinellas
| Market | Median | Active | Score | |
|---|---|---|---|---|
| 33704 ← this page | $758K | 21 | 73 | |
| 33703 | $415K | 97 | 52 | Open → |
| 33707 | $338K | 94 | 47 | Open → |
| 33702 | $319K | 89 | 42 | Open → |
| 33767 | $737K | 61 | 31 | Open → |
| 33770 | $353K | 58 | 48 | Open → |
Neighborhoods on the move
| OLD KENTUCKYSt. Petersburg | $918K | ▲ 41% |
| EDGEMOOR ESTATESSt. Petersburg | $319K | ▲ 37% |
| PINE CITY SUB REPSt. Petersburg | $380K | ▲ 25% |
| NORTH EAST PARK PLACIDO SHORESSt. Petersburg | $1.22M | ▲ 22% |
| EDEN SHORES SEC 3St. Petersburg | $940K | ▲ 18% |
| SPRING HILL REVSt. Petersburg | $650K | ▼ 39% |
| SNELL SHORESSt. Petersburg | $381K | ▼ 24% |
| BAY BREEZE COVESt. Petersburg | $412K | ▼ 11% |
| COFFEE POT ADD SNELL & HAMLETTSSt. Petersburg | $712K | ▼ 11% |
| BARNARD ERASTUS A.S REV SUBSt. Petersburg | $915K | ▼ 8% |
| SNELL & HAMLETTS NORTH SHORE ADDSt. Petersburg | $1.25M | 4 |
| SNELL SHORESSt. Petersburg | $381K | 4 |
| GRANADA TERRACE ADDSt. Petersburg | $1.30M | 3 |
| NORTH EAST PARK SHORESSt. Petersburg | $1.20M | 3 |
| LAGO VISTA UNIT AKissimmee | $540K | 2 |
| OLD KENTUCKYSt. Petersburg | $918K | 8 days |
| BRIDGEWAY ADDSt. Petersburg | $900K | 14 days |
| ROSS OAKSSt. Petersburg | $650K | 18 days |
| SPRING HILL REVSt. Petersburg | $650K | 22 days |
| BAY BREEZE COVESt. Petersburg | $412K | 27 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 33704 right now?
The data says conditions currently favor sellers in 33704 — the Momentum Score reads 73/100 with 1.9 months of supply. Buyers should come fully underwritten; sellers still set the pace here. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is 33704 becoming more affordable?
No — the median sale price in 33704 is $758,000, up 20.0% versus the prior year, while sellers still capture 92.4% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Where are prices falling fastest in 33704?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are SPRING HILL REV (-39%); SNELL SHORES (-24%); BAY BREEZE COVE (-11%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which 33704 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are OLD KENTUCKY (8 days); BRIDGEWAY ADD (14 days); ROSS OAKS (18 days) — homes there go under contract well ahead of the market-wide pace of 47 days.
33704 (St. Petersburg) housing market FAQ
What is the median home price in 33704?
The median sale price in 33704 is currently $758,000, up 20.0% from a year ago, based on MLS sales data updated August 6, 2026.
Is 33704 a buyer's or seller's market right now?
The data currently favors sellers. 33704 scores 73 of 100 on the Momentum Score, with 1.9 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in 33704?
The typical home in 33704 goes under contract in about 47 days, per current MLS data.
How many homes are for sale in 33704?
There are approximately 21 active listings in 33704 as of August 6, 2026.
Are home prices in 33704 rising or falling?
Median sale prices are up 20.0% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across 33704 (St. Petersburg). Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: August 6, 2026 at 7:18 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.