Feather Sound, Saint Petersburg, FL—33716
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Feather Sound, Saint Petersburg, FL
As of Oct '25, the median home price in Feather Sound, Saint Petersburg, FL is $164,000, with a year-over-year change of -18.3%. This indicates that home prices in Feather Sound, Saint Petersburg, FL are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $164,000 | -18.3% |
| Single Family | $398,000 | -8.1% |
| Condos | $136,000 | -19.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $114,000 | -21.9% |
2 Bed | $155,000 | -19.7% |
3 Bed | $445,000 | -6.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Feather Sound, Saint Petersburg, FL
As of July '25, Rentcast reports the average rent in Feather Sound, Saint Petersburg, FL is $2,560, with a year-over-year rent change of 10.3%. Per bedroom, the median rent as of July '25 in Feather Sound, Saint Petersburg, FL is 1-bedrooms: $1,810, 2-bedrooms: $2,700, 3-bedrooms: $4,110, 4-bedrooms: $5,500. The most common rental property sizes in Feather Sound, Saint Petersburg, FL are 1-bedroom and 2-bedroom, accounting for 43.4% and 36.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,560 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,650 | $1,810 |
| 2 Bed Rent | $2,020 | $2,700 |
| 3 Bed Rent | $3,340 | $4,110 |
| 4 Bed Rent | $5,500 | $5,500 |
% of Rental Stock
Property Listings — Feather Sound, Saint Petersburg, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Feather Sound, Saint Petersburg, FL is 55. This is a decrease of -27.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 42.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $288,000 | 13.0% |
Listing Count | 43 | -14.0% |
| Listings as % of Homes | 0.3% | -14.0% |
Days on Market | 55 | -27.0% |
Demographics — Feather Sound, Saint Petersburg, FL
As of the latest ACS Survey released in 2023, Feather Sound, Saint Petersburg, FL has a population of 19,000, which has increased by 5.3% over the past 5 years. Feather Sound, Saint Petersburg, FL is a less popular place for families, as children make up 12.6% of the population. The area has a highly educated workforce, with 45.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,000 | 5.3% |
% Under 18 | 12.6% | -18.2% |
% Seniors | 11.4% | -7.3% |
% WFH | 21.2% | 307.7% |
% w/ College Degree | 45.8% | 3.6% |
As of the latest ACS Survey released in 2023, Feather Sound, Saint Petersburg, FL is a predominantly white area, with 62.6% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in Feather Sound, Saint Petersburg, FL is hispanic, making up 16.5% of the population. Foreign-born residents account for 12.0% of the population in Feather Sound, Saint Petersburg, FL, and this percentage has decreased by 19.5% 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 | 62.6% | 0.0% |
% Black | 12.6% | -1.6% |
% Hispanic | 16.5% | 33.1% |
% Asian | 4.3% | -32.8% |
% Foreign Born | 12.0% | -19.5% |
Mortgage and Risk — Feather Sound, Saint Petersburg, FL
According to HUD data as of 2023, there were 142 mortgage originations in Feather Sound, Saint Petersburg, FL, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Feather Sound, Saint Petersburg, FL. Investor activity is low, as 2.0% 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 | 142 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Feather Sound, Saint Petersburg, FL
As of 2024, the percent of homes in Feather Sound, Saint Petersburg, FL under the Section 8 program is 2.2%. 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 Feather Sound, Saint Petersburg, FL, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 181 |
Total Units Section 8 | 181 |
% Rentals under Section 8 | 2.2% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $630 | $1,650 | $2,280 |
| 2 Bedroom | $660 | $2,020 | $2,680 |
| 3 Bedroom | $90 | $3,340 | $3,430 |
| 4 Bedroom | -$1,320 | $5,500 | $4,180 |
Affordability — Feather Sound, Saint Petersburg, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $164,000 |
| Median Household Income | $73,600 |