Market Intelligence · FL / St. Petersburg

St. Petersburg, FL 33706 Housing Market

The typical home value in Saint Petersburg 33706 is $571,480, down 1.5% over the past year. Homes are listing at a median of $612,250 and spending 104 days on the market as of September 2026.

Updated September 2026Median value$571K

The median home value in St. Petersburg, FL 33706 is $571K as of September 2026, down 1.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 33706 range

$526K to $617K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.5% over 12 months

Typical home value in 33706 over the last 12 months: $580K in Sep 2025 to $571K in Sep 2026 (-1.5%).

Sep 2025$580K

Sep 2026$571K

The numbers

What is the 33706 housing market like?

Typical home value

$571K

Down1.5%YoY

Median list price

$612K

Down2.4%MoM

Days on market

104

Down5.5%MoM

Homes for sale

358

Up0.3%MoM

Price cuts

22.2%

Down6.9%MoM

New listings

78

Up77.3%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

33706 housing market forecast 2027

-1.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 33706 to fall 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in 33706 fell 1.5%, per the Zillow Home Value Index.

Will home prices drop in 33706?

Zillow's forecast says they may: it expects typical home values in 33706 to fall 1.4% by September 2027, after a 1.5% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 33706 home prices compare?

  • 33706$571,480
  • Saint Petersburg$358,747
  • Florida$344,436
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Saint Petersburg: 16 ZIPs; Florida: 923 ZIPs; United States: 26,262 ZIPs).

Context

Saint Petersburg 33706 has 358 homes for sale with 78 new listings added in September 2026. The median list price sits at $612,250, while homes are staying on market for a median of 104 days. About 22.2% of listings have received a price cut, reflecting the seller's market pressure. The typical home value of $571,480 represents a decline of 1.5% over the past year. If you own here and are thinking of selling, expect a slower-moving market where pricing aggressively and being realistic about condition will matter more than it did a year ago.

Monthly payment

Estimate your monthly payment.

20% · $114,296

Common questions

What people ask us.

What is the typical home value in Saint Petersburg 33706?

The typical home value is $571,480, down 1.5% over the past year as of September 2026.

How many homes are for sale in this ZIP code?

There are 358 homes for sale as of September 2026, with 78 new listings that month.

How long do homes typically stay on the market here?

The median days on market is 104 as of September 2026.

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