Market Overview
Home Prices in Saint Petersburg, FL
The median home value in Saint Petersburg, FL is $355,759 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.9% compared to a year ago and down 7.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Saint Petersburg are priced13% below average. Saint Petersburg is part of the Tampa-St. Petersburg-Clearwater, FL metro area.
Over the past five years, Saint Petersburg home values have risen by approximately18.1%, reflecting steady appreciation in this market.
Price History
Saint Petersburg Home Price Trend
City Comparison
Saint Petersburg vs. National Median
At $355,759, homes in Saint Petersburg cost 13% below the national median of $410,000. This makes Saint Petersburg a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Saint Petersburg?
20% Down Payment
$71,152
on $355,759
Monthly P&I
$1,855/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,356/mo
incl. taxes & insurance
Income Needed
$94,240
gross annual (30% rule)
10% Down Option
$35,576
+ PMI applies
Loan Amount (20% dn)
$284,607
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Saint Petersburg, FL?
The median home value in Saint Petersburg is $355,759 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.9% year-over-year.
How much have home prices changed in Saint Petersburg?
Over the past year, home values in Saint Petersburg have decreased by 3.9%. Over five years, prices have risen approximately 18.1%.
How much do I need to earn to buy a home in Saint Petersburg?
To comfortably afford the median home price of $355,759 with a 20% down payment ($71,152) at today's rates (6.8%), you'd need a gross annual income of approximately $94,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Saint Petersburg compare to the national average home price?
The national median home value is approximately $410,000. At $355,759, homes in Saint Petersburg are 13% below the national average.
What metro area is Saint Petersburg part of?
Saint Petersburg is part of the Tampa-St. Petersburg-Clearwater, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.