South Pasadena
Housing Market
Median sale price $330,000, down 10.0% year over year, with homes going under contract in about 68 days, 43 homes on the market.
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Housing Market Analyst
Inventory sits at 7.1 months of supply — heavy by the 3-to-6-month balanced benchmark, and 25% of listed homes are already under contract. Prices are down 10.0% versus the prior year, but sellers are still collecting 89.0% of asking. Taken together, the data leans toward buyers — leverage is real for those ready to use it.
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 buyers.
- Prices — heavy supply keeps the pressure on sellers; softening is the path of least resistance.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 25% 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 South Pasadena 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 South Pasadena is hot — and where it isn't
Each dot is a community (13 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on South Pasadena
The median sale price across South Pasadena currently stands at $330,000, down 10.0% from a year ago. Buyers are paying a median of $309 per square foot. The typical home goes under contract in about 68 days. Sellers are capturing 89.0% of their original asking price on average.
There are 43 active listings on the market, with 11 more already under contract. At the current sales pace that works out to 7.1 months of supply — a buyer-leaning market by the standard six-month benchmark. 74 homes closed here over the trailing 12 months.
South Pasadena prices sit below the Pinellas County median by roughly 16%. Zillow's home value index for Pinellas County stands at $374,245. 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 South Pasadena is 33 of 100 — soft market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of September 15, 2026.
South Pasadena since 2014 — and where it’s heading
A median home here sold for $145,816 in 2014 and $377,266 over the last recorded year — 159% appreciation across 12 years of recorded sales.
Median sale price · 2014–2026 (1,097 recorded sales)
Days on market by year
Home value trend · Pinellas County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Pinellas County (MLS)
Median price · daily recalculation
What’s driving South Pasadena
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 South Pasadena right now.
The tightest band — sellers in this range hold the most leverage, and buyers should walk in with financing done and terms clean.
Buyers: ask for concessions — rate buydowns and repair credits are back on the table. Sellers: presentation and the first two weekends decide your outcome; price accordingly.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
How it stacks up across Pinellas County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| South Pasadena ← this page | $330K | 43 | 33 | |
| St. Petersburg | $435K | 1,078 | 52 | Open → |
| Clearwater | $315K | 393 | 49 | Open → |
| Palm Harbor | $366K | 246 | 59 | Open → |
| Largo | $340K | 221 | 53 | Open → |
| Clearwater Beach | $728K | 166 | 37 | Open → |
Neighborhoods on the move
| PASADENA ISLESouth Pasadena | $585K | ▲ 18% |
| pasadena on the gulf sec cSouth Pasadena | $775K | ▲ 12% |
| Pasadena Cove CondoSouth Pasadena | $330K | ▲ -14% |
| Harbourside CondoSouth Pasadena | $472K | ▲ -18% |
| Bay Island Group 11 South PasadenaSouth Pasadena | $220K | ▲ -35% |
| Bay Island Group 1South Pasadena | $215K | ▼ 37% |
| Bay Island Group 11 South PasadenaSouth Pasadena | $220K | ▼ 35% |
| Harbourside CondoSouth Pasadena | $472K | ▼ 18% |
| Pasadena Cove CondoSouth Pasadena | $330K | ▼ 14% |
| pasadena on the gulf sec cSouth Pasadena | $775K | ▼ 12% |
| Harbourside CondoSouth Pasadena | $472K | 12 |
| Les Chateaux CondoSouth Pasadena | $120K | 11 |
| Bay Island Group 1South Pasadena | $215K | 7 |
| Shore Crest BldgSouth Pasadena | $265K | 5 |
| Bay Island Group 7South Pasadena | $205K | 3 |
| pasadena on the gulf sec cSouth Pasadena | $775K | 16 days |
| PASADENA ISLESouth Pasadena | $585K | 37 days |
| Pasadena Cove CondoSouth Pasadena | $330K | 45 days |
| Bay Island Group 11 South PasadenaSouth Pasadena | $220K | 53 days |
| Harbourside CondoSouth Pasadena | $472K | 71 days |
South Pasadena ZIP codes
Most active communities
More on South Pasadena
Put this data to work
The questions people actually ask
Should I buy a house in South Pasadena right now?
The data says conditions currently favor buyers in South Pasadena — the Momentum Score reads 33/100 with 7.1 months of supply. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is South Pasadena becoming more affordable?
Yes, modestly — the median sale price in South Pasadena is $330,000, down 10.0% versus the prior year, while sellers still capture 89.0% of asking price. Softening prices plus normal-length marketing times mean affordability is improving at the margin, though financing costs matter more than list prices for most monthly payments.
Where are prices falling fastest in South Pasadena?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Bay Island Group 1 (-37%); Bay Island Group 11 South Pasadena (-35%); Harbourside Condo (-18%). 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 South Pasadena neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are pasadena on the gulf sec c (16 days); PASADENA ISLE (37 days); Pasadena Cove Condo (45 days) — homes there go under contract well ahead of the market-wide pace of 68 days.
How does South Pasadena compare to the rest of Pinellas County?
South Pasadena's median of $330,000 runs 16% below the county-wide median of $393,000, and homes here take 68 days to go under contract versus 51 county-wide.
South Pasadena housing market FAQ
How is the housing market in South Pasadena right now?
As of September 15, 2026, the South Pasadena housing market favors buyers: the median sale price is $330,000 (down 10.0% year over year), 43 homes are for sale against 74 sales in the last 12 months, which is 7.1 months of supply, and the typical home goes under contract in about 68 days.
How much is a house in South Pasadena?
The median home sold for $330,000 in South Pasadena over the last 12 months, about $309 per square foot; asking prices on the 43 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in South Pasadena?
By the numbers, sellers in South Pasadena are getting 89.0% of asking price and going under contract in about 68 days with 7.1 months of supply. Under four months of supply generally favors sellers; over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the South Pasadena housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: South Pasadena median sale prices are down 10.0% year over year, inventory stands at 7.1 months of supply, and 25% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in South Pasadena?
The median sale price in South Pasadena is currently $330,000, down 10.0% from a year ago, based on MLS sales data updated September 15, 2026.
Is South Pasadena a buyer's or seller's market right now?
The data currently favors buyers. South Pasadena scores 33 of 100 on the Momentum Score, with 7.1 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in South Pasadena?
The typical home in South Pasadena goes under contract in about 68 days, per current MLS data.
How many homes are for sale in South Pasadena?
There are approximately 43 active listings in South Pasadena as of September 15, 2026.
Are home prices in South Pasadena rising or falling?
Median sale prices are down 10.0% 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 South Pasadena. 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: September 15, 2026 at 7:33 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.