Pinellas Park, FL—33781
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Pinellas Park, FL
Home Price Trends — Pinellas Park, FL
As of Oct '25, the median home price in Pinellas Park, FL is $301,000, with a year-over-year change of -8.6%. This indicates that home prices in Pinellas Park, 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 | $301,000 | -8.6% |
| Single Family | $309,000 | -8.8% |
| Condos | $127,000 | -16.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $112,000 | -17.0% |
2 Bed | $249,000 | -10.1% |
3 Bed | $332,000 | -8.0% |
4 Bed | $390,000 | -7.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pinellas Park, FL
As of July '25, Rentcast reports the average rent in Pinellas Park, FL is $2,020, with a year-over-year rent change of 5.2%. Per bedroom, the median rent as of July '25 in Pinellas Park, FL is studios: $1,630, 1-bedrooms: $1,540, 2-bedrooms: $1,760, 3-bedrooms: $2,410, 4-bedrooms: $2,730. The most common rental property sizes in Pinellas Park, FL are 2-bedroom and 1-bedroom, accounting for 37.6% and 27.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $2,020 |
| Studio Rent | $1,500 | $1,630 |
| 1 Bed Rent | $1,480 | $1,540 |
| 2 Bed Rent | $1,650 | $1,760 |
| 3 Bed Rent | $2,340 | $2,410 |
| 4 Bed Rent | $2,600 | $2,730 |
% of Rental Stock
Property Listings — Pinellas Park, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Pinellas Park, FL is 74. This is a increase of 24.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $340,000 | 5.0% |
Listing Count | 100 | -5.0% |
| Listings as % of Homes | 0.6% | -5.0% |
Days on Market | 74 | 24.0% |
Demographics — Pinellas Park, FL
As of the latest ACS Survey released in 2023, Pinellas Park, FL has a population of 27,400, which has increased by 9.2% over the past 5 years. Pinellas Park, FL is a moderately popular place for families, as children make up 17.7% of the population. The area has a poorly educated workforce, with 21.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,400 | 9.2% |
% Under 18 | 17.7% | -5.3% |
% Seniors | 20.4% | 17.9% |
% WFH | 9.3% | 126.8% |
% w/ College Degree | 21.7% | 6.9% |
As of the latest ACS Survey released in 2023, Pinellas Park, FL is a predominantly white area, with 59.4% of the population identifying as white. The white population has shrunk by 14.4% in the last 5 years. The second most common race or ethnicity in Pinellas Park, FL is hispanic, making up 15.5% of the population. Foreign-born residents account for 17.9% of the population in Pinellas Park, FL, and this percentage has increased by 3.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 59.4% | -14.4% |
% Black | 7.1% | 14.5% |
% Hispanic | 15.5% | 20.2% |
% Asian | 13.6% | 47.8% |
% Foreign Born | 17.9% | 3.5% |
Mortgage and Risk — Pinellas Park, FL
According to HUD data as of 2023, there were 532 mortgage originations in Pinellas Park, FL, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Pinellas Park, FL. Investor activity is low, as 2.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 532 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Pinellas Park, FL
As of 2024, the percent of homes in Pinellas Park, FL under the Section 8 program is 15.1%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Pinellas Park, 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 | 683 |
Total Units Section 8 | 564 |
% Rentals under Section 8 | 15.1% |
% Occupied Section 8 | 93.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$70 | $1,480 | $1,410 |
| 2 Bedroom | $0 | $1,650 | $1,650 |
| 3 Bedroom | -$230 | $2,340 | $2,110 |
| 4 Bedroom | -$30 | $2,600 | $2,570 |
Affordability — Pinellas Park, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $301,000 |
| Median Household Income | $55,400 |