Is Saint Petersburg, FL 33709 a buyer’s or seller’s market?
Saint Petersburg is a balanced market. With about 6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 10% of U.S. ZIP codes, and #469 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
The Saint Petersburg housing market right now
In the three months ending August 31, 2026, 12% of homes in Saint Petersburg, FL 33709 sold above their list price, the typical home went under contract in 61 days and there were 6 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 99 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 8%, homes sold more slowly (46 days then) and the median sale price fell 8% to $240,146. Overall, Saint Petersburg is about as competitive as it was a year ago.
Within Pinellas County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 70%. On our competition score, Saint Petersburg ranks #469 of 796 FL ZIP codes with enough sales (score 17 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.
Run the numbers for 33709
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 →Towns like Saint Petersburg nearby
Find towns like Saint Petersburg in other states →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 balanced market: there were 6 months of supply in Saint Petersburg, FL 33709 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 61 days in the latest three months.
Do homes in Saint Petersburg sell over asking?
12% of homes sold above their original list price, and the typical sale closed at 95.2% 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 $240,146 in the three months ending August 31, 2026, about $187 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