Is Saint Petersburg, FL 33708 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Saint Petersburg is a buyer’s market. With about 7.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score4/ 100

More competitive than 1% of U.S. ZIP codes, and #755 of 796 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply7.5Under 4 months = seller’s market
Sold above original list2.9%Share of sales, last 3 months
Median sale-to-list94.2%Sold price ÷ list price
Median days on market103Listing to accepted offer
Median price per sq ft$367▲ +6.9% vs. last year

The Saint Petersburg housing market right now

In the three months ending August 31, 2026, 3% of homes in Saint Petersburg, FL 33708 sold above their list price, the typical home went under contract in 103 days and there were 7.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 144 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (4% then), homes sold more slowly (80 days then) and the median sale price rose 10% to $539,766. Overall, Saint Petersburg is less competitive than a year ago, which gives buyers more room.

Within Pinellas County, homes here sell more slowly than in 93% of the county’s ZIP codes, and sell less often over asking than in 87%. On our competition score, Saint Petersburg ranks #755 of 796 FL ZIP codes with enough sales (score 4 out of 100).

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

Nearby markets

Belleair Beach 33786Buyer’s market $593 /sq ftClearwater 33755Balanced $264 /sq ftClearwater 33756Buyer’s market $277 /sq ftClearwater 33759Balanced $247 /sq ft Browse all markets →

Where Saint Petersburg is

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Questions about Saint Petersburg real estate

Is Saint Petersburg a buyer’s or seller’s market?

A buyer’s market: there were 7.5 months of supply in Saint Petersburg, FL 33708 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Saint Petersburg?

The typical home went under contract in 103 days in the latest three months.

Do homes in Saint Petersburg sell over asking?

3% of homes sold above their original list price, and the typical sale closed at 94.2% of the list price.

What are property taxes in Saint Petersburg?

About 0.70% of a home’s value a year in Pinellas County, or roughly $2,800 on a $400,000 home.

What is the median home price in Saint Petersburg?

The median sale price was $539,766 in the three months ending August 31, 2026, about $367 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology