Market Overview
Home Prices in South Pasadena, FL
The median home value in South Pasadena, FL is $296,524 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 7.4% compared to a year ago and down 11.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in South Pasadena are priced28% below average. South Pasadena is part of the Tampa-St. Petersburg-Clearwater, FL metro area.
Over the past five years, South Pasadena home values have risen by approximately3.3%, reflecting modest growth in this market.
Price History
South Pasadena Home Price Trend
City Comparison
South Pasadena vs. National Median
At $296,524, homes in South Pasadena cost 28% below the national median of $410,000. This makes South Pasadena a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in South Pasadena?
20% Down Payment
$59,305
on $296,524
Monthly P&I
$1,546/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,963/mo
incl. taxes & insurance
Income Needed
$78,520
gross annual (30% rule)
10% Down Option
$29,652
+ PMI applies
Loan Amount (20% dn)
$237,219
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 South Pasadena, FL?
The median home value in South Pasadena is $296,524 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 7.4% year-over-year.
How much have home prices changed in South Pasadena?
Over the past year, home values in South Pasadena have decreased by 7.4%. Over five years, prices have risen approximately 3.3%.
How much do I need to earn to buy a home in South Pasadena?
To comfortably afford the median home price of $296,524 with a 20% down payment ($59,305) at today's rates (6.8%), you'd need a gross annual income of approximately $78,520. This assumes keeping total housing costs at or below 30% of gross income.
How does South Pasadena compare to the national average home price?
The national median home value is approximately $410,000. At $296,524, homes in South Pasadena are 28% below the national average.
What metro area is South Pasadena part of?
South Pasadena is part of the Tampa-St. Petersburg-Clearwater, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.