Is Pinellas Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pinellas Park is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Pinellas Park has remained a Seller's Market.

Key Takeaway

Pinellas Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Pinellas Park, FL cost?

Median Sold Price

$309,077

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$64,077(+26.2%)

Key Takeaway

Homes in Pinellas Park have sold for 26.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $81K$112.4K
+38.8%
2 $215.1K$265K
+23.2%
3 $272.9K$345.1K
+26.5%
4 $340K$380K
+11.8%
5+ $460K$589K
+28.0%

Median Sold Price Compared To Nearby Cities

Largo
+27.0%
Pinellas Park
+26.2%
Saint Petersburg
+21.5%
Kenneth City
-16.7%

How many homes are available in Pinellas Park, FL?

Number of Homes For Sale

Sep 2022Oct 2022%
200209+4.5%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 21
-50.0%
2 8192
+13.6%
3 8885
-3.4%
4 2325
+8.7%
5+ 66
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
5248-7.7%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pinellas Park, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
16 Days29 Days+79.1%

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pinellas Park are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Pinellas Park, FL

Number of homes for sale in Pinellas Park, FL real estate market have reached 209. The inventory of homes for sale in Pinellas Park, FL between September 2022 and October 2022 increased by 4.5%. In October 2022 median list price was $309,077 and the average listing age was 29 days. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 38.8%, the cost of 2 bedrooms properties went up by 23.2%, 3 bedrooms properties became 26.5% more expensive, prices of 4 bedrooms properties increased by 11.8%, prices of 5 bedrooms properties increased by 28%. Volume of homes for sale changed: 1 bedroom homes inventory decreased by 50%, 2 bedrooms homes became 13.6% more available, 3 bedrooms homes became 3.4% less available, volume of 4 bedrooms homes went up by 8.7%, volume of 5 bedrooms homes stayed the same. In October 2022, from all listings sold in Pinellas Park, FL there were more than 9 sold above asking price, over 27 sold below and more than 12 were sold right at the asked price.

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