The St. Petersburg housing market is somewhat competitive. Homes in St. Petersburg receive 2 offers on average and sell in around 53 days. The median sale price of a home in St. Petersburg was $410K last month, down 13.9% since last year. The median sale price per square foot in St. Petersburg is $314, down 5.6% since last year.
What is the housing market like in St. Petersburg today?
In October 2024, St. Petersburg home prices were down 13.9% compared to last year, selling for a median price of $410K. On average, homes in St. Petersburg sell after 53 days on the market compared to 23 days last year. There were 297 homes sold in October this year, down from 435 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$410,000
-13.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
St. Petersburg, FL
$410,000
-13.9%
United States
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How hot is the St. Petersburg housing market?
St. Petersburg is somewhat competitive. Homes sell in 42 days.
0
100
47
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 42 days.
Hot homes
can sell for around list price and go pending in around 11 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on St. Petersburg housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in St. Petersburg.
Flood Factor - Major
46% of properties are at risk of severe flooding over the next 30 years
Flood Factor
St. Petersburg has a major risk of flooding. 31,184 properties in St. Petersburg are likely to be
severely affected
by flooding over the next 30 years. This represents 46% of all properties in St. Petersburg. Flood risk is increasing slower than the national average.
11% of properties are at risk of wildfire over the next 30 years
Fire Factor
St. Petersburg has a moderate risk of wildfire. There are 9,951 properties in St. Petersburg that have some risk of being affected by wildfire over the next 30 years. This represents 11% of all properties in St. Petersburg.
99% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
St. Petersburg has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. St. Petersburg is most at risk from hurricanes. 86,175 properties in St. Petersburg have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 220 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 234 mph.