St Petersburg, FL Foreclosures
How much do homes sell for in St Petersburg, FL?
The average home price is currently $900,723.
In St Petersburg, FL, how many homes are available?
There are currently 1 active home listings available in St Petersburg.
What’s the average rental cost in St Petersburg, FL?
The average rental price in St Petersburg is $1,456.
What is the most expensive home in St Petersburg?
The most expensive home sold in St Petersburg had a price of $142,882,576.
What is currently the cheapest priced home in St Petersburg, FL?
The cheapest home for sale in St Petersburg is priced at $10,028.
Living in St Petersburg, FL
St. Petersburg, often abbreviated as St. Pete, is a vibrant city located on Florida's Gulf Coast. Known for its stunning beaches, rich arts scene, and historic architecture, St. Petersburg offers a unique blend of culture and outdoor living. The city is home to numerous parks and recreational facilities, making it perfect for families and outdoor enthusiasts.
Current Market Conditions in St Petersburg, FL
The St. Petersburg real estate market continues to be dynamic and competitive, attracting buyers from across the country. Due to its beautiful scenery, warm climate, and a robust job market, the demand for homes has increased significantly.
Lower interest rates have spurred many first-time buyers to enter the market, contributing to the rise in home sales. Listings have been moving faster, often with multiple offers, indicating a seller's market.
Additionally, investment in infrastructure and revitalization projects within the downtown area is driving long-term growth, which further enhances property values.
Home Value Estimator For St Petersburg, FL
There are currently 28,383 real estate properties
in St Petersburg, FL,
with a median automated valuation model (AVM) price
of $341,659.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in St Petersburg, FL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in St Petersburg, FL,
is $900,723.00, with the most expensive house
in St Petersburg, FL, topping out
at $142,882,576.00 and the cheapest home
in St Petersburg, FL,
clocking in at $10,028.00. In other words, there’s
something for every potential homebuyer
or savvy investor in St Petersburg, FL!
Rent Prices
In St Petersburg, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in St Petersburg, FL, is on
a rollercoaster ride. The
average rent price in St Petersburg, FL,
is $1,456.00. Indeed, when looking to rent in
St Petersburg, FL, you can expect to pay as little
as $550.00 or as much
as $5,760.00,
with the average rent median estimated to
be $1,330.00. The good news is that finding
an affordable and desirable property to rent in St Petersburg, FL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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