Market Intelligence · FL / St. Petersburg

St. Petersburg, FL 33708 Housing Market

The typical home in Saint Petersburg 33708 is worth $509,146, down 1.2% over the past year. The median list price sits at $597,000, and homes are taking 106 days to sell.

Updated September 2026Median value$509K

The median home value in St. Petersburg, FL 33708 is $509K as of September 2026, down 1.2% 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 33708 range

$468K to $550K

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

-1.2% over 12 months

Sep 2025$515K

Low $506KHigh $515K

Sep 2026$509K

The numbers

What is the 33708 housing market like?

As of September 2026

Typical home value

$509K

1.2%YoY

Median list price

$597K

0.2%MoM

Days on market

106

4.5%MoM

Homes for sale

327

2.2%MoM

Price cuts

20.6%

3.0%MoM

New listings

25.0%MoM

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

The outlook

33708 housing market forecast 2027

-1.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 33708 to fall 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in 33708 fell 1.2%, per the Zillow Home Value Index.

Will home prices drop in 33708?

Zillow's forecast says they may: it expects typical home values in 33708 to fall 1.6% by September 2027, after a 1.2% 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 33708 home prices compare?

33708$509,146
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 33708 is showing the marks of a cooling market. With 327 homes for sale and 60 new listings in September 2026, there is inventory moving into the area. The median list price of $597,000 reflects demand that remains modest, and the 106-day median on market suggests buyers are taking their time. One in five listings has received a price cut, which aligns with the downward trend in typical home values over the past year. If you are thinking about selling, this is a buyer-friendly environment where pricing competitively and condition matter more than they did.

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Down payment20% · $101,829

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Common questions

What people ask us.

What is a typical home worth in 33708?

The typical home value in Saint Petersburg 33708 is $509,146, down 1.2% over the past year as of September 2026.

How long do homes stay on the market here?

The median days on market is 106 as of September 2026, indicating a slower sales pace than in hotter markets.

Are sellers cutting prices?

20.6% of listings have a price cut as of September 2026, reflecting competitive conditions and soft demand.

Discover

Nearby ZIP markets.

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