The Downtown St. Petersburg housing market is very competitive. The median sale price of a home in Downtown St. Petersburg was $840K last month, up 24.7% since last year. The median sale price per square foot in Downtown St. Petersburg is $604, up 52.9% since last year.
What is the housing market like in Downtown St. Petersburg today?
In March 2024, Downtown St. Petersburg home prices were up 24.7% compared to last year, selling for a median price of $840K. On average, homes in Downtown St. Petersburg sell after 97 days on the market compared to 39 days last year. There were 69 homes sold in March this year, up from 64 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$840,000
+24.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown St. Petersburg, FL
$840,000
+24.7%
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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown St. Petersburg housing market?
Downtown St. Petersburg is very competitive. Homes sell in 2 days.
0
100
70
Very 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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 2 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.
Risk Factor
Flood Factor - Major
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown St. Petersburg has a major risk of flooding. 131 properties in Downtown St. Petersburg are likely to be
severely affected
by flooding over the next 30 years. This represents 17% 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. 1,101 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 183 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 196 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