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Featured local agent — St. Petersburg, FL
Sarah Mitchell
Compass Real Estate · St. Petersburg, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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St. Petersburg, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$475,000median sale price
How is the St. Petersburg, FL housing market right now?
The median home sale price in St. Petersburg, FL is $475,000, up 11.8% year-over-year. Homes sell in an average of 41 days with 1,809 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is St. Petersburg a buyer's or seller's market?
St. Petersburg, FL is currently a balanced market, based on 4.0 months of supply and homes selling in about 41 days. How we determine this →
Homes sold
449
Last 12 weeks
Days on market
41
Average pace
Active listings
1,809
4.0 months supply
Sale-to-list
96.7%
Below asking
What does the St. Petersburg housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $475,000 |
| Median list price | $454,500 |
| Year-over-year price change | +11.8% |
| Average days on market | 41 days |
| Active inventory | 1,809 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 96.7% |
| Median price per sq ft | $332/sq ft |
| Homes sold (latest month) | 449 |
| New listings (latest month) | 620 |
| Listings with a price cut | 36.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in St. Petersburg by property type?
How the St. Petersburg, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $475,000 | $336/sq ft | 320 | 31 days |
| Condo / Co-op | $363,000 | $304/sq ft | 88 | 68 days |
| Townhouse | $607,495 | $318/sq ft | 30 | 74 days |
Source: Redfin · Updated monthly
The St. Petersburg housing market is currently classified as a balanced market with a median sale price of $475,000. Prices have risen 11.8% compared to last year, with homes spending an average of 41 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in St. Petersburg
There are currently 1,809 homes listed for sale in St. Petersburg, Florida. The median listing price is $455K.
Active listings
1,809
Homes on market
Median list price
$455K
Avg. days on market
41
Days until sale
New this week
620
Newly listed
Who lives in St. Petersburg?
Population
260,646
Median income
$73,118/yr
Median age
43.1 years
Owner-occupied
63.0%
College grads
41.3%
Avg commute
25.4 min
Source: U.S. Census Bureau ACS
What is it like to live in St. Petersburg?
St. Petersburg is a community of approximately 261K residents with a median age of 43.1 years.The median household income is $73,118, which represents a working-class community with solid middle-income opportunities. 41.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 63.0%, showing a blend of owner and renter-occupied properties. The average commute time is 25.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, St. Petersburg offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve St. Petersburg?
2 schools tracked · 703 students
The largest public schools serving St. Petersburg, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
PLATO ACADEMY OF ST.PETERSBURG
Grades K-8 · 370 students
GULF BEACHES ELEMENTARY MAGNET SCHOOL
Grades K-5 · 333 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near St. Petersburg, FL?
Want a head-to-head view? Compare St. Petersburg side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in St. Petersburg?
The median home sale price in St. Petersburg is $475,000, up 11.8% from last year.
How long do homes stay on market in St. Petersburg?
Homes typically spend 41 days on market before going under contract.
What is the median income in St. Petersburg?
The median household income is $73,118 per year.
Is St. Petersburg a buyer's or seller's market?
With 4.0 months of supply, St. Petersburg is currently a balanced market.
What is the median condo price in St. Petersburg?
The median condo/co-op sale price in St. Petersburg, FL is $363,000, compared to $475,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in St. Petersburg?
The median single-family home price in St. Petersburg, FL is $475,000 (about $336 per square foot).
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