Pinellas Park, FL—33782
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 Nov '25, the median home price in Pinellas Park, FL is $296,000, with a year-over-year change of -7.0%. This indicates that home prices in Pinellas Park, FL are decreasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $296,000 | -7.0% |
| Single Family | $319,000 | -6.7% |
| Condos | $223,000 | -7.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $254,000 | -7.0% |
3 Bed | $340,000 | -6.6% |
4 Bed | $399,000 | -5.9% |
| 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 $2,160, with a year-over-year rent change of -1.8%. Per bedroom, the median rent as of July '25 in Pinellas Park, FL is 1-bedrooms: $1,710, 2-bedrooms: $2,000, 3-bedrooms: $2,320, 4-bedrooms: $2,580. The most common rental property sizes in Pinellas Park, FL are 2-bedroom and 1-bedroom, accounting for 58.9% and 22.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,040 | $2,160 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,820 | $1,710 |
| 2 Bed Rent | $1,970 | $2,000 |
| 3 Bed Rent | $2,300 | $2,320 |
| 4 Bed Rent | $2,640 | $2,580 |
% of Rental Stock
Property Listings — Pinellas Park, FL
As of Nov '25, Realtor.com reports that the median days on market for a home in Pinellas Park, FL is 77. This is a increase of 18.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | -7.0% |
Listing Count | 131 | 30.0% |
| Listings as % of Homes | 0.9% | 30.0% |
Days on Market | 77 | 18.0% |
Demographics — Pinellas Park, FL
As of the latest ACS Survey released in 2023, Pinellas Park, FL has a population of 22,600, which has decreased by -1.9% over the past 5 years. Pinellas Park, FL is a moderately popular place for families, as children make up 16.6% of the population. The area has a moderately educated workforce, with 29.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,600 | -1.9% |
% Under 18 | 16.6% | -14.0% |
% Seniors | 24.4% | -7.6% |
% WFH | 12.3% | 373.1% |
% w/ College Degree | 29.2% | 32.7% |
As of the latest ACS Survey released in 2023, Pinellas Park, FL is a predominantly white area, with 68.1% of the population identifying as white. The white population has shrunk by 8.3% in the last 5 years. The second most common race or ethnicity in Pinellas Park, FL is asian, making up 11.6% of the population. Foreign-born residents account for 17.1% of the population in Pinellas Park, FL, and this percentage has increased by 48.7% 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 | 68.1% | -8.3% |
% Black | 4.9% | -2.0% |
% Hispanic | 11.6% | 18.4% |
% Asian | 11.6% | 58.9% |
% Foreign Born | 17.1% | 48.7% |
Mortgage and Risk — Pinellas Park, FL
According to HUD data as of 2023, there were 324 mortgage originations in Pinellas Park, FL, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 27.0% 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. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 324 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Rentals and Section 8 — Pinellas Park, FL
As of 2024, the percent of homes in Pinellas Park, FL under the Section 8 program is 9.7%. 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 Pinellas Park, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 243 |
Total Units Section 8 | 243 |
% Rentals under Section 8 | 9.7% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $90 | $1,820 | $1,910 |
| 2 Bedroom | $270 | $1,970 | $2,240 |
| 3 Bedroom | $570 | $2,300 | $2,870 |
| 4 Bedroom | $850 | $2,640 | $3,490 |
Affordability — Pinellas Park, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $296,000 |
| Median Household Income | $65,500 |