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Lealman, Saint Petersburg, FL—33714

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$267,000
10.7% YoY Growth
Household Income
$47,200
33.8% YoY Growth
Days on Market
93
19.0% Longer YoY
Home Price Forecast
1.3%
Median Rent
$1,650
7.5% YoY Growth
1-Bed Rent
$1,350
4.3% YoY Growth
2-Bed Rent
$1,650
5.6% YoY Growth
3-Bed Rent
$2,290
0.4% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Lealman, Saint Petersburg, FL

As of Dec '25, the median home price in Lealman, Saint Petersburg, FL is $267,000, with a year-over-year change of -10.7%. This indicates that home prices in Lealman, Saint Petersburg, FL are decreasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$267,000-10.7%
Single Family $285,000-10.4%
Condos $91,000-21.6%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $80,000
    -19.2%
    2 Bed
    		$230,000-11.5%
    3 Bed
    		$324,000-8.7%
    4 Bed
    		$398,000-8.7%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    3.7%
    1 Bedroom
    21.5%
    2 Bedrooms
    46.4%
    3 Bedrooms
    25.2%
    4 Bedrooms
    2.6%
    5+ Bedrooms
    0.6%

    Rental Trends — Lealman, Saint Petersburg, FL

    As of July '25, Rentcast reports the average rent in Lealman, Saint Petersburg, FL is $1,850, with a year-over-year rent change of -7.5%. Per bedroom, the median rent as of July '25 in Lealman, Saint Petersburg, FL is studios: $1,330, 1-bedrooms: $1,350, 2-bedrooms: $1,700, 3-bedrooms: $2,420, 4-bedrooms: $2,860. The most common rental property sizes in Lealman, Saint Petersburg, FL are 2-bedroom and 1-bedroom, accounting for 41.2% and 31.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,650$1,850
    Studio Rent $1,200$1,330
    1 Bed Rent $1,350$1,350
    2 Bed Rent $1,650$1,700
    3 Bed Rent $2,290$2,420
    4 Bed Rent $2,850$2,860
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    % of Rental Stock

    Studio
    4.8%
    1 Bedroom
    31.5%
    2 Bedrooms
    41.2%
    3 Bedrooms
    22.5%

    Property Listings — Lealman, Saint Petersburg, FL

    As of Dec '25, Realtor.com reports that the median days on market for a home in Lealman, Saint Petersburg, FL is 81. This is a increase of 21.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$295,0007.0%
    Listing Count
    		104-5.0%
    Listings as % of Homes1.0%-5.0%
    Days on Market
    		9319.0%
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    Demographics — Lealman, Saint Petersburg, FL

    As of the latest ACS Survey released in 2023, Lealman, Saint Petersburg, FL has a population of 20,100, which has decreased by -1.3% over the past 5 years. Lealman, Saint Petersburg, FL is a moderately popular place for families, as children make up 18.0% of the population. The area has a poorly educated workforce, with 20.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		20,100-1.3%
    % Under 18
    		18.0%-13.5%
    % Seniors
    		19.1%21.7%
    % WFH
    		8.5%107.3%
    % w/ College Degree
    		20.1%57.0%
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    As of the latest ACS Survey released in 2023, Lealman, Saint Petersburg, FL is a predominantly white area, with 64.5% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Lealman, Saint Petersburg, FL is hispanic, making up 13.2% of the population. Foreign-born residents account for 15.8% of the population in Lealman, Saint Petersburg, FL, and this percentage has decreased by 7.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		64.5%-1.4%
    % Black
    		9.7%-4.0%
    % Hispanic
    		13.2%41.9%
    % Asian
    		6.4%-26.4%
    % Foreign Born
    		15.8%-7.6%
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    Mortgage and Risk — Lealman, Saint Petersburg, FL

    According to HUD data as of 2023, there were 271 mortgage originations in Lealman, Saint Petersburg, FL, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Lealman, Saint Petersburg, FL. Investor activity is low, as 2.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		271
    % Conventional Loans
    		70.0%
    % Government Loans
    		30.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		18.0%
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    Rentals and Section 8 — Lealman, Saint Petersburg, FL

    As of 2024, the percent of homes in Lealman, Saint Petersburg, FL under the Section 8 program is 12.0%. 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 Lealman, Saint Petersburg, FL, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		408
    Total Units Section 8
    		327
    % Rentals under Section 8
    		12.0%
    % Occupied Section 8
    		91.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$170$1,350$1,520
    2 Bedroom$130$1,650$1,780
    3 Bedroom-$10$2,290$2,280
    4 Bedroom-$80$2,850$2,770

    Affordability — Lealman, Saint Petersburg, FL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio6
    Median Home Price$267,000
    Median Household Income$47,200

    Lealman, Saint Petersburg, FL — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Central Oak Park, Saint Petersburg, FL

    33713

    Pinellas Park, FL

    33781

    Old Northeast, Saint Petersburg, FL

    33704

    Pinellas Park, FL

    33782

    Kenneth City, Saint Petersburg, FL

    33709

    Frequently Asked Questions