Is Saint Petersburg, FL 33703 a buyer’s or seller’s market?

The Saint Petersburg housing market right now

In the three months ending August 31, 2026, 8% of homes in Saint Petersburg, FL 33703 sold above their list price, the typical home went under contract in 59 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 202 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (7% then), homes sold faster (65 days then) and the median sale price rose 16% to $442,808. Overall, Saint Petersburg is more competitive than a year ago, so tougher for buyers.

Within Pinellas County, homes here sell more slowly than in 61% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Saint Petersburg ranks #432 of 796 FL ZIP codes with enough sales (score 18 out of 100).

Nearby, buyers who want less competition could look at Crystal Beach 34681 (0% sold over asking) or Saint Petersburg 33715 (1% sold over asking), while Safety Harbor 34695 (21% sold over asking) and Saint Petersburg 33710 (20% sold over asking) are even more competitive.