Saint Pete Beach, FL—33706
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Saint Pete Beach, FL
As of Oct '25, the median home price in Saint Pete Beach, FL is $568,000, with a year-over-year change of -14.2%. This indicates that home prices in Saint Pete Beach, FL are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $568,000 | -14.2% |
| Single Family | $812,000 | -15.4% |
| Condos | $409,000 | -14.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $261,000 | -16.6% |
2 Bed | $508,000 | -14.8% |
3 Bed | $993,000 | -14.2% |
4 Bed | $1,578,000 | -13.0% |
| 5 Bed | $2,106,000 | -11.0% |
% of Housing Stock
Rental Trends — Saint Pete Beach, FL
As of July '25, Rentcast reports the average rent in Saint Pete Beach, FL is $3,620, with a year-over-year rent change of -0.5%. Per bedroom, the median rent as of July '25 in Saint Pete Beach, FL is studios: $1,980, 1-bedrooms: $2,120, 2-bedrooms: $3,560, 3-bedrooms: $5,280, 4-bedrooms: $6,880. The most common rental property sizes in Saint Pete Beach, FL are 2-bedroom and 1-bedroom, accounting for 49.7% and 32.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,100 | $3,620 |
| Studio Rent | $1,600 | $1,980 |
| 1 Bed Rent | $2,000 | $2,120 |
| 2 Bed Rent | $3,400 | $3,560 |
| 3 Bed Rent | $5,000 | $5,280 |
| 4 Bed Rent | $6,500 | $6,880 |
% of Rental Stock
Property Listings — Saint Pete Beach, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Saint Pete Beach, FL is 103. This is a increase of 7.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $700,000 | -1.0% |
Listing Count | 415 | 15.0% |
| Listings as % of Homes | 1.6% | 15.0% |
Days on Market | 103 | 7.0% |
Demographics — Saint Pete Beach, FL
As of the latest ACS Survey released in 2023, Saint Pete Beach, FL has a population of 15,300, which has decreased by -5.8% over the past 5 years. Saint Pete Beach, FL is a less popular place for families, as children make up 4.6% of the population. The area has a highly educated workforce, with 54.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,300 | -5.8% |
% Under 18 | 4.6% | -47.1% |
% Seniors | 42.4% | 19.4% |
% WFH | 27.4% | 79.1% |
% w/ College Degree | 54.5% | 19.8% |
As of the latest ACS Survey released in 2023, Saint Pete Beach, FL is a predominantly white area, with 89.7% of the population identifying as white. The white population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Saint Pete Beach, FL is hispanic, making up 4.2% of the population. Foreign-born residents account for 10.2% of the population in Saint Pete Beach, FL, and this percentage has decreased by 19.0% 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 | 89.7% | -1.3% |
% Black | 1.7% | 466.7% |
% Hispanic | 4.2% | -10.6% |
% Asian | 1.1% | -57.7% |
% Foreign Born | 10.2% | -19.0% |
Mortgage and Risk — Saint Pete Beach, FL
According to HUD data as of 2023, there were 376 mortgage originations in Saint Pete Beach, FL, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Saint Pete Beach, FL. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 376 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 3.0% |
% Second Loans | 24.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Saint Pete Beach, FL
As of 2024, the percent of homes in Saint Pete Beach, FL under the Section 8 program is 1.1%. 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. In Saint Pete Beach, FL, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 22 |
Total Units Section 8 | 22 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$240 | $2,000 | $1,760 |
| 2 Bedroom | -$1,330 | $3,400 | $2,070 |
| 3 Bedroom | -$2,350 | $5,000 | $2,650 |
| 4 Bedroom | -$3,270 | $6,500 | $3,230 |
Affordability — Saint Pete Beach, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.2 |
| Median Home Price | $568,000 |
| Median Household Income | $97,400 |