The housing market in 33716 St. Petersburg, FL is booming with a median home value of $201,400 - much lower than the US median of $338,100. However, the area has seen a 20.41% rise in home values over the past year alone - significantly higher than the 8.27% appreciation rate nationwide. With such a low median price and strong appreciation rate, 33716 St. Petersburg is an attractive option for those looking to invest in real estate or buy their first home.
The median home cost in St. Petersburg (zip 33716) is $201,400. Home appreciation the last 10 years has been 222.8%. Home Appreciation in St. Petersburg (zip 33716) is up 28.5%.
Average Age of Homes
- The median age of St. Petersburg (zip 33716) real estate is 26 years old
The Rental Market in St. Petersburg (zip 33716)
- Renters make up 72.4% of the St. Petersburg (zip 33716) population
- 8.1% of houses and apartments in St. Petersburg (zip 33716), 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.