St. Petersburg
Housing Market
Median sale price $454,000, up 0.3% year over year, with homes going under contract in about 44 days, 403 homes on the market.
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Housing Market Analyst
Inventory sits at 4.1 months of supply — balanced by the 3-to-6-month balanced benchmark, and 23% of listed homes are already under contract. Prices are up 0.3% versus the prior year and sellers are still collecting 92.7% of asking. Taken together, the data points to a broadly balanced market where preparation decides who wins.
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 neither side decisively.
- Prices — balanced supply argues for a sideways market; condition and pricing decide individual outcomes.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 23% 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 St. Petersburg 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 St. Petersburg is hot — and where it isn't
Each dot is a community (350 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on St. Petersburg
The median sale price across St. Petersburg currently stands at $454,000, up 0.3% from a year ago. Buyers are paying a median of $327 per square foot. The typical home goes under contract in about 44 days. Sellers are capturing 92.7% of their original asking price on average.
There are 403 active listings on the market, with 107 more already under contract. At the current sales pace that works out to 4.1 months of supply — roughly balanced conditions by the standard six-month benchmark. 1,386 homes closed here over the trailing 12 months.
St. Petersburg prices sit above the Pinellas County median by roughly 17%. 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 St. Petersburg is 53 of 100 — balanced market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of August 6, 2026.
St. Petersburg since 2012 — and where it’s heading
A median home here sold for $225,616 in 2012 and $705,738 over the last recorded year — 213% appreciation across 14 years of recorded sales. Cash buyers took 53% of recent sales, down from a 53% peak.
Median sale price · 2012–2026 (37,360 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 St. Petersburg
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 St. Petersburg right now.
The tightest band — sellers in this range hold the most leverage, and buyers should walk in with financing done and terms clean.
Both sides have a case: buyers should negotiate on days-on-market, sellers should lean on the under-contract rate. Preparation, not the market, decides who wins a balanced tape.
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 | |
|---|---|---|---|---|
| St. Petersburg ← this page | $454K | 403 | 53 | |
| Largo | $355K | 119 | 52 | Open → |
| Palm Harbor | $358K | 99 | 57 | Open → |
| Clearwater | $305K | 98 | 48 | Open → |
| Gulfport | $388K | 71 | 49 | Open → |
| Pinellas Park | $310K | 61 | 51 | Open → |
Neighborhoods on the move
| POWERS BAYVIEW ESTATESSt. Petersburg | $1.11M | ▲ 57% |
| MEADOW LAWN 15TH ADDSt. Petersburg | $428K | ▲ 53% |
| OLD KENTUCKYSt. Petersburg | $918K | ▲ 41% |
| EDGEMOOR ESTATESSt. Petersburg | $319K | ▲ 37% |
| SUN LIT SHORESSt. Petersburg | $365K | ▲ 34% |
| RIVIERA BAY SECOND ADD PT REP & ADDSt. Petersburg | $434K | ▼ 48% |
| SPRING HILL REVSt. Petersburg | $650K | ▼ 39% |
| COLONIAL PLACE REVSt. Petersburg | $530K | ▼ 36% |
| WASHINGTON TERRACESt. Petersburg | $238K | ▼ 36% |
| CHEVY CHASESt. Petersburg | $568K | ▼ 33% |
| WINSTON PARK NORTHEASTSt. Petersburg | $126K | 39 |
| MOBEL AMERICANA MOBILE HOME PARK UNRECSt. Petersburg | $150K | 38 |
| WATERSIDE AT COQUINA KEY SOUTHSt. Petersburg | $234K | 26 |
| BOCA CIEGA POINT EASTSt. Petersburg | $454K | 25 |
| FIVE TOWNS OF ST PETESt. Petersburg | $95K | 23 |
| INNOVATION TOWNHOMESSt. Petersburg | $655K | 2 days |
| COOLIDGE PARKSt. Petersburg | $325K | 4 days |
| SIRMONS ESTATESSt. Petersburg | $388K | 4 days |
| Sun Haven Homes Unit 3St. Petersburg | $402K | 4 days |
| SUN HAVEN HOMESSt. Petersburg | $402K | 4 days |
St. Petersburg ZIP codes
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in St. Petersburg right now?
The data says conditions currently favor neither side decisively in St. Petersburg — the Momentum Score reads 53/100 with 4.1 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 St. Petersburg becoming more affordable?
No — the median sale price in St. Petersburg is $454,000, up 0.3% versus the prior year, while sellers still capture 92.7% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Where are prices falling fastest in St. Petersburg?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are RIVIERA BAY SECOND ADD PT REP & ADD (-48%); SPRING HILL REV (-39%); COLONIAL PLACE REV (-36%). 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 St. Petersburg neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are INNOVATION TOWNHOMES (2 days); COOLIDGE PARK (4 days); SIRMONS ESTATES (4 days) — homes there go under contract well ahead of the market-wide pace of 44 days.
How does St. Petersburg compare to the rest of Pinellas County?
St. Petersburg's median of $454,000 runs 17% above the county-wide median of $387,500, and homes here take 44 days to go under contract versus 52 county-wide.
St. Petersburg housing market FAQ
What is the median home price in St. Petersburg?
The median sale price in St. Petersburg is currently $454,000, up 0.3% from a year ago, based on MLS sales data updated August 6, 2026.
Is St. Petersburg a buyer's or seller's market right now?
The data currently is roughly balanced. St. Petersburg scores 53 of 100 on the Momentum Score, with 4.1 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in St. Petersburg?
The typical home in St. Petersburg goes under contract in about 44 days, per current MLS data.
How many homes are for sale in St. Petersburg?
There are approximately 403 active listings in St. Petersburg as of August 6, 2026.
Are home prices in St. Petersburg rising or falling?
Median sale prices are up 0.3% 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 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.