The Downtown St. Petersburg housing market is somewhat competitive. The median sale price of a home in Downtown St. Petersburg was $800K last month, down 23.8% since last year. The median sale price per square foot in Downtown St. Petersburg is $505, up 6.1% since last year.
What is the housing market like in Downtown St. Petersburg today?
In February 2025, Downtown St. Petersburg home prices were down 23.8% compared to last year, selling for a median price of $800K. On average, homes in Downtown St. Petersburg sell after 51 days on the market compared to 83 days last year. There were 79 homes sold in February this year, up from 64 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$800,000
-23.8% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Downtown St. Petersburg, FL
$800,000
-23.8%
United States
To compare other locations to the Downtown St. Petersburg and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in St. Petersburg add value to a home.
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Work with the best agents in Downtown St. Petersburg
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How hot is the Downtown St. Petersburg housing market?
Downtown St. Petersburg is somewhat competitive. Homes sell in 35 days.
0
100
55
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 3% below list price and go pending in around 35 days.
Hot homes
can sell for around list price and go pending in around 4 days.
Learn about schools in the Downtown St. Petersburg area
Elementary
Middle
High
GreatSchools Rating
NR
Tomlinson Adult Learning Center
Public • N/A
-
Students
N/A
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 Downtown St. Petersburg housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown St. Petersburg.
Flood Factor - Major
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown St. Petersburg has a major risk of flooding. 120 properties in Downtown St. Petersburg are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Downtown St. Petersburg. Flood risk is increasing faster than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Downtown St. Petersburg has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown St. Petersburg is most at risk from hurricanes. 1,103 properties in Downtown 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 198 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 211 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Downtown St. Petersburg has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown St. Petersburg have an Extreme Heat Factor®.
Downtown St. Petersburg is expected to see a 300% increase in the number of days over 106ºF over the next 30 years. Downtown St. Petersburg is expected to experience 9