Pinecrest, FL—33156
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pinecrest, FL
As of Oct '25, the median home price in Pinecrest, FL is $1,463,000, with a year-over-year change of -3.4%. This indicates that home prices in Pinecrest, FL are decreasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,463,000 | -3.4% |
| Single Family | $2,123,000 | -4.0% |
| Condos | $304,000 | -10.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $247,000 | -10.2% |
2 Bed | $382,000 | -8.4% |
3 Bed | $1,166,000 | -3.6% |
4 Bed | $1,905,000 | -4.5% |
| 5 Bed | $3,810,000 | -3.6% |
% of Housing Stock
Rental Trends — Pinecrest, FL
As of July '25, Rentcast reports the average rent in Pinecrest, FL is $3,950, with a year-over-year rent change of 7.6%. Per bedroom, the median rent as of July '25 in Pinecrest, FL is studios: $2,110, 1-bedrooms: $2,110, 2-bedrooms: $2,730, 3-bedrooms: $4,990, 4-bedrooms: $8,010. The most common rental property sizes in Pinecrest, FL are 1-bedroom and 2-bedroom, accounting for 38.2% and 36.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,850 | $3,950 |
| Studio Rent | $1,800 | $2,110 |
| 1 Bed Rent | $2,150 | $2,110 |
| 2 Bed Rent | $2,650 | $2,730 |
| 3 Bed Rent | $4,500 | $4,990 |
| 4 Bed Rent | $8,000 | $8,010 |
% of Rental Stock
Property Listings — Pinecrest, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Pinecrest, FL is 73. This is a increase of 9.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,630,000 | -16.0% |
Listing Count | 337 | 20.0% |
| Listings as % of Homes | 1.6% | 20.0% |
Days on Market | 73 | 9.0% |
Demographics — Pinecrest, FL
As of the latest ACS Survey released in 2023, Pinecrest, FL has a population of 32,700, which has decreased by -4.3% over the past 5 years. Pinecrest, FL is a moderately popular place for families, as children make up 24.8% of the population. The area has a highly educated workforce, with 66.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,700 | -4.3% |
% Under 18 | 24.8% | 8.3% |
% Seniors | 18.7% | 15.4% |
% WFH | 20.2% | 114.9% |
% w/ College Degree | 66.4% | 9.8% |
As of the latest ACS Survey released in 2023, Pinecrest, FL is a predominantly hispanic area, with 53.6% of the population identifying as hispanic. The hispanic population has remained stable in the last 5 years. The second most common race or ethnicity in Pinecrest, FL is white, making up 36.1% of the population. Foreign-born residents account for 33.1% of the population in Pinecrest, FL, and this percentage has decreased by 17.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 36.1% | -1.1% |
% Black | 2.4% | 71.4% |
% Hispanic | 53.6% | 0.0% |
% Asian | 4.8% | -21.3% |
% Foreign Born | 33.1% | -17.2% |
Mortgage and Risk — Pinecrest, FL
According to HUD data as of 2023, there were 446 mortgage originations in Pinecrest, FL, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Pinecrest, FL. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 446 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Pinecrest, FL
As of 2024, the percent of homes in Pinecrest, FL under the Section 8 program is 0.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Pinecrest, FL, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 20 |
Total Units Section 8 | 20 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $2,150 | $2,270 |
| 2 Bedroom | $140 | $2,650 | $2,790 |
| 3 Bedroom | -$900 | $4,500 | $3,600 |
| 4 Bedroom | -$3,780 | $8,000 | $4,220 |
Affordability — Pinecrest, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.7 |
| Median Home Price | $1,463,000 |
| Median Household Income | $135,000 |