The housing market in St. Petersburg, FL is thriving, with a median value of $346,900 - significantly higher than the US median value of $338,100. This is further evidenced by the fact that the city has experienced a significantly higher appreciation rate over the past year - 20.42%, compared to 8.27% nationwide. It's clear that St. Petersburg is an attractive option for those looking to invest in property, and it looks set to remain in demand for years to come.
The median home cost in St. Petersburg is $346,900. Home appreciation the last 10 years has been 222.8%. Home Appreciation in St. Petersburg is up 28.5%.
Average Age of Homes
- The median age of St. Petersburg real estate is 50 years old
The Rental Market in St. Petersburg
- Renters make up 34.0% of the St. Petersburg population
- 3.5% of houses and apartments in St. Petersburg, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.