Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$368,917+0.2% YoY · prices are flat
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 25% have cut their price
Income needed to buy, per year$79,973About 1.1× the local median income ($73,605): a stretch for a typical household
Days on market79 daysFaster than a year ago: sellers have the edge
Next 12 months−1.7%Zillow expects prices to dip slightly
The typical home in Pinellas County, FL is worth $368,917, about the same as a year ago. That is slightly above what local incomes have historically supported: fair value is about $340,729, so the area is 8.3% overvalued. It is a balanced market, leaning toward buyers: homes take about 79 days to sell, listings are down 7% from a year ago, 25% of listings have had a price cut. Zillow expects prices to fall about 1.7% over the next year. A household needs about $79,973 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $73,605. Typical rent is $2,028 a month, or $2,434 for a house. In the latest IRS figures, 1,182 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$368,917
Change in 1 year
+0.2%
Overvalued %
+8.3%
Show 7 more
Fair home value
$340,729
Change in 5 years
+12.6%
Zillow forecast, next 12 months
−1.7%
Home value to income
5.0×
Monthly mortgage payment (20% down)
$1,999
Income needed to afford it
$79,973
Property tax rate
0.70%
Rent and investing
Typical rent
$2,028
Typical rent for houses
$2,434
Price-to-rent ratio
15.2×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,917
Gross rental yield
6.60%
Cap rate (estimate)
4.29%
Market activity
Listings vs a year ago
−6.7%
Days on market
79
Listings with a price cut
24.6%
Show 3 more
Homes for sale
6,693
Pending sales per 100 listings
22
Asking price per sq ft
$301
People and jobs
Median household income
$73,605
Population change (1 year)
−1.2%
Unemployment rate
4.4%
Show 4 more
Population
948,563
Income adjusted for cost of living
$72,948
Net moves in (IRS)
−1,182
Cost of living (US = 100)
100.9
Schools, risk and environment
School rating (1 to 10)
6.1
FEMA hazard risk score (0 to 100)
98.2
Unhealthy air days a year
1
Show 4 more
Flood risk score
99.2
Wildfire risk score
81.1
Walkability (1 to 20)
12.6
Road, rail and air noise
54 dB
Questions people ask
Is Pinellas County, FL overvalued?
Home prices in Pinellas County, FL are slightly above what local incomes have historically supported: fair value is about $340,729, so the area is 8.3% overvalued.
Is Pinellas County, FL a buyer's or seller's market?
Pinellas County, FL is a balanced market, leaning toward buyers: homes take about 79 days to sell, listings are down 7% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Pinellas County, FL?
Home values in Pinellas County, FL are up 0.2% over the last year. Zillow's forecast for the next 12 months is −1.7%.
How much do you need to earn to buy a home in Pinellas County, FL?
A household needs about $79,973 a year to afford the typical home in Pinellas County, FL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $73,605.