Jungle Terrace, Saint Petersburg, FL—33710
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Jungle Terrace, Saint Petersburg, FL
As of Oct '25, the median home price in Jungle Terrace, Saint Petersburg, FL is $371,000, with a year-over-year change of -6.7%. This indicates that home prices in Jungle Terrace, Saint Petersburg, FL are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $371,000 | -6.7% |
| Single Family | $382,000 | -6.6% |
| Condos | $141,000 | -19.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $126,000 | -19.7% |
2 Bed | $313,000 | -6.6% |
3 Bed | $423,000 | -5.6% |
4 Bed | $521,000 | -4.8% |
| 5 Bed | $761,000 | -2.7% |
% of Housing Stock
Rental Trends — Jungle Terrace, Saint Petersburg, FL
As of July '25, Rentcast reports the average rent in Jungle Terrace, Saint Petersburg, FL is $2,280, with a year-over-year rent change of -3.4%. Per bedroom, the median rent as of July '25 in Jungle Terrace, Saint Petersburg, FL is studios: $1,180, 1-bedrooms: $1,420, 2-bedrooms: $2,070, 3-bedrooms: $2,710, 4-bedrooms: $3,940. The most common rental property sizes in Jungle Terrace, Saint Petersburg, FL are 2-bedroom and 1-bedroom, accounting for 47.7% and 22.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,280 |
| Studio Rent | $1,100 | $1,180 |
| 1 Bed Rent | $1,400 | $1,420 |
| 2 Bed Rent | $2,000 | $2,070 |
| 3 Bed Rent | $2,560 | $2,710 |
| 4 Bed Rent | $3,300 | $3,940 |
% of Rental Stock
Property Listings — Jungle Terrace, Saint Petersburg, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Jungle Terrace, Saint Petersburg, FL is 80. This is a increase of 42.0% 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 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $418,000 | 2.0% |
Listing Count | 230 | 14.0% |
| Listings as % of Homes | 0.7% | 14.0% |
Days on Market | 80 | 42.0% |
Demographics — Jungle Terrace, Saint Petersburg, FL
As of the latest ACS Survey released in 2023, Jungle Terrace, Saint Petersburg, FL has a population of 35,100, which has increased by 3.6% over the past 5 years. Jungle Terrace, Saint Petersburg, FL is a moderately popular place for families, as children make up 16.9% of the population. The area has a moderately educated workforce, with 37.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,100 | 3.6% |
% Under 18 | 16.9% | -1.7% |
% Seniors | 22.7% | 20.7% |
% WFH | 19.5% | 214.5% |
% w/ College Degree | 37.4% | 23.4% |
As of the latest ACS Survey released in 2023, Jungle Terrace, Saint Petersburg, FL is a predominantly white area, with 77.0% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Jungle Terrace, Saint Petersburg, FL is hispanic, making up 9.3% of the population. Foreign-born residents account for 11.8% of the population in Jungle Terrace, Saint Petersburg, FL, and this percentage has decreased by 10.6% 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 | 77.0% | 0.4% |
% Black | 4.4% | -2.2% |
% Hispanic | 9.3% | -17.0% |
% Asian | 4.9% | 19.5% |
% Foreign Born | 11.8% | -10.6% |
Mortgage and Risk — Jungle Terrace, Saint Petersburg, FL
According to HUD data as of 2023, there were 773 mortgage originations in Jungle Terrace, Saint Petersburg, FL, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Jungle Terrace, Saint Petersburg, FL. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 773 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Jungle Terrace, Saint Petersburg, FL
As of 2024, the percent of homes in Jungle Terrace, Saint Petersburg, FL under the Section 8 program is 9.3%. 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 and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Jungle Terrace, Saint Petersburg, FL, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 266 |
Total Units Section 8 | 266 |
% Rentals under Section 8 | 9.3% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $380 | $1,400 | $1,780 |
| 2 Bedroom | $90 | $2,000 | $2,090 |
| 3 Bedroom | $120 | $2,560 | $2,680 |
| 4 Bedroom | -$40 | $3,300 | $3,260 |
Affordability — Jungle Terrace, Saint Petersburg, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $371,000 |
| Median Household Income | $76,900 |