Franklin Heights
Homes for Sale in St Petersburg, FL
True comps, carrying-cost math, and listings before the portals.
Franklin Heights right now
🟡 Balanced market. 0.7 months of supply and 50% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of November 13, 2026. Confidence: Low (2 active and pending listings, 3 closed sales in 12 months).
🔴 Off the recent peak. The trailing-12-month median ($330K) is down 37.1% from the prior 12 months ($525K). With about 3 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending November 13. Confidence: Low (3 and 3 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 13, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Franklin Heights market snapshot (as of November 13, 2026): the median sale price is about $330K ($266 per sq ft over the trailing 12 months of closed sales), a median 5 days on market for closed sales, and 0.7 months of supply, a balanced market. The trailing-12-month median is down 37% from the prior 12 months, computed from record-level Stellar MLS closed sales (3 closings in the current window).
Franklin Heights is a community of 424 homes in St Petersburg, Pinellas County, built between 1925 and 2024 (median 1956), with a median living area of about 1,229 square feet. 66% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
The setting & the homes.
Aerial and on-site photos of Franklin Heights. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Franklin HeightsPhotos from Stellar MLS listings in Franklin Heights; content deemed reliable but not guaranteed.
Housing distress & ownership in Franklin Heights, St Petersburg
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period November 2026 through November 2026. Deemed reliable but not guaranteed.
Homes For Sale Right Now in Franklin Heights
Live MLS inventory for Franklin Heights. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Franklin Heights listings as of 2026-11-12, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2025 through 2026. Tap any home to ask about it.
Franklin Heights on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap contributors.
Schools
- Pinellas County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Pinellas County Public Schools (verify by address) · Public
- Confirm zoned elementary, middle, and high · By address
- Magnet and choice options may apply · Choice
Zoned schools reflect the assignments reported on recent Franklin Heights listings and can change; always confirm with Pinellas County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Franklin Heights address.
Recent Developments in Franklin Heights
Development, infrastructure, retail, and school activity affecting Franklin Heights, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Market
North St. Petersburg FedEx warehouse sells for $58.2M, $36M below 2021 price
A 236,976 square foot FedEx Ground distribution center at 1950 102nd Avenue N. on about 63 acres near I-275 sold for $58.2 million, versus $94.5 million in 2021. FedEx has operated there since 2017 and the deed shows no change to its lease. The article ties the sale to higher borrowing costs facing the prior owner.
What it may mean for the marketThe sale points to repricing in Pinellas industrial property while the last-mile logistics hub keeps operating near I-275. The project is about 4 miles northwest of Franklin Heights, elsewhere in Pinellas County.
Source: St. Pete Catalyst - October 2026Development
Humane Society of Tampa Bay to open Clearwater clinic on State Road 590
The nonprofit's clinic at 2907 State Road 590, Suite 5, near its Clearwater shelter opens Nov. 2, with a grand opening Nov. 12. It offers vaccinations, wellness exams, microchipping, lab work and X-rays by appointment, with spay and neuter services planned later.
What it may mean for the marketA new low-cost veterinary option near the SR 590 corridor adds a neighborhood service amenity in central Clearwater. The project is about 12 miles northwest of Franklin Heights, elsewhere in Pinellas County.
Source: St. Pete Catalyst - October 2026Development
ClearView apartments complete at $1 billion Echelon City Center in St. Petersburg
The 363-unit ClearView community, with ground-floor retail, is complete within the Echelon City Center development by Third Lake Partners and Echelon. A 3rd & 3rd residential high-rise with ground-floor retail is expected to open in the first quarter of 2027.
What it may mean for the marketNew downtown apartments and walkable retail add rental inventory and amenities in central St. Petersburg. The site is about 3 miles south of Franklin Heights.
Source: Tampa Bay Business and Wealth - July 2026Infrastructure
St. Pete approves temporary downtown dock for Tampa Bay ferry
The St. Petersburg City Council approved a temporary ferry dock on Bayshore Boulevard near the Vinoy in downtown St. Petersburg under a three-year contract costing about 324,200 dollars. Hubbard's Marina will operate cross bay service between downtown St. Petersburg and the Tampa Convention Center, with two vessels running year round. Service is expected to begin in October or November.
What it may mean for the marketEstablishes a temporary downtown dock and cross bay ferry connection, adding a new transit option and waterfront infrastructure serving the downtown St. Petersburg market. The site is about 3 miles southeast of Franklin Heights.
Source: FOX 13 Tampa Bay - July 2026Development
St. Pete advances housing plan for nine vacant city lots
The St. Petersburg City Council unanimously approved a first reading of an ordinance to place a measure on the November 3 ballot that would remove nine vacant city lots in Methodist Town from the city's Charter Park and Waterfront Map. The change would allow up to 41 units of affordable or workforce housing, with four lots planned for single family homes and five larger parcels for multifamily housing. The lots have held park designations since 1984 but have remained vacant.
What it may mean for the marketAdvances a plan to convert nine vacant city lots into new single family and multifamily housing, adding to local housing inventory. Placing the parcels on the ballot could open long dormant land for residential construction. The project is about 3 miles south of Franklin Heights, elsewhere in Pinellas County.
Source: St Pete Catalyst - July 2026Development
Blake-Related team selected to redevelop 86-acre Historic Gas Plant District
St. Petersburg selected a bid led by Blake Investment Partners, with the Related Group as co-developer, to redevelop the 86-acre Historic Gas Plant District at the Tropicana Field site. The roughly 8.1 billion dollar mixed use plan calls for more than 3,600 income-restricted residential units, a 13-acre central park, and office, retail, hotel and civic space over an estimated 20-year buildout. The developers plan to purchase about 58 acres while the city retains roughly one third.
What it may mean for the marketAdds a large mixed use district with thousands of new residential units, a central park, and office, retail, hotel and civic space to the downtown St. Petersburg market. Redevelopment of the Tropicana Field site reshapes the surrounding property landscape and expands housing supply. The project is about 4 miles south of Franklin Heights, elsewhere in Pinellas County.
Source: Florida YIMBY
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Franklin Heights buying strategy.
If we were buying in Franklin Heights today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Franklin Heights.
A closer look at the Franklin Heights market
At a median of $266 per square foot, Franklin Heights prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.
Inventory runs at 0.7 months of supply, a balanced market and the trailing-12-month median down 37% year over year. Homes that do trade take a median 5 days on market, useful leverage on any listing that has lingered.
The housing stock is 424 homes built between 1925 and 2024, and 66% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.
The location and the amenities are priced into every listing in Franklin Heights. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Franklin Heights buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (6.0). Basis: Recent Direction -37.1% year-over-year; Liquidity & Demand 0.7 months of supply; Owner Commitment 66% owner-occupied; Pricing Power 97.1% sale-to-list. Refreshed with each data update.
Tools for a Franklin Heights buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Franklin Heights sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Franklin Heights, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Franklin Heights home worth?
Get a no-obligation home value based on real comparable sales in Franklin Heights, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Franklin Heights on the map →
Ask an agent about Franklin Heights
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Franklin Heights will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
What is the median home price in Franklin Heights?
How long do homes in Franklin Heights take to sell?
Is Franklin Heights a buyer's or seller's market right now?
How many homes are in Franklin Heights?
What share of Franklin Heights is owner-occupied?
When were the homes in Franklin Heights built?
What schools serve Franklin Heights?
Who is the best real estate agent for Franklin Heights?
How do I find a top St Petersburg real estate agent who knows Franklin Heights?
Can Momentum Realty connect me with an agent for Franklin Heights?
Nearby Communities
Explore more neighborhoods near Franklin Heights with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: November 12, 2026) |
| Community market stats | Stellar MLS closed sales, 12-month windows ending November 13, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 33703)) |
| Under-contract shares | Stellar MLS records, as of 2026-11-13 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-sale records back to 2025 (6 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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