The story of this market
The typical home in ZIP 33703 sells for about $360,000, or $285 per square foot.
Prices are down 19.1% from a year ago, which gives buyers more room to negotiate. Homes take about 47 days to sell. HUD's fair market rent for a two-bedroom is $1,833 a month.
ZIP 33703 — St. Petersburg
The 33703 housing market is currently experiencing a correction with a significant year-over-year decline in median sale prices. High inventory levels and longer days on market suggest a shift toward a buyer-friendly environment compared to previous periods.
This ZIP is well-suited for family buyers and professionals seeking waterfront or near-waterfront living with convenient access to downtown St. Petersburg.
Median prices moved down 19.1% year over year.
Homes spend a median of 47 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 97% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.3% · poverty 5.5% — a stable, low-distress profile.
ZCTA 33703, Pinellas County FL
Schools in the area are generally characterized as above average.
The area faces significant coastal flood and wind exposure risks typical of the St. Petersburg waterfront.
The area benefits from proximity to the St. Petersburg employment core and ongoing residential redevelopment.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
Residents have direct access to major corridors leading into downtown St. Petersburg and the broader Tampa Bay employment hubs.
The ZIP features extensive waterfront access, local parks, and proximity to the shopping and dining districts of Northeast St. Petersburg.
The rental market shows moderate pressure with a median rent of $1,539 and a significant share of renter-occupied units.
The local economy is anchored by the broader St. Petersburg and Tampa Bay service, tourism, and professional sectors.
Parcels are subject to Pinellas County property tax levies and local municipal utility districts.
Property insurance premiums are influenced by high coastal hazard exposure and regional market volatility.
foreclosure_note_state_only
Data retrieved from ZCTA-level ACS 2022 profiles.
- Busch Gardens Tampa Bay4.419.6 mi
- ZooTampa at Lowry Park4.616.5 mi
- Dave & Buster's Tampa - Brandon4.219.4 mi
- Elev8 Fun4.317.6 mi
- Southshore Bay Lagoon4.119.8 mi
- Raymond James Stadium4.513.3 mi
- Benchmark International Arena4.613.6 mi
- George M. Steinbrenner Field4.713.4 mi
- Tampa Convention Center4.513.3 mi
- Columbia Restaurant4.615.1 mi
- St. Pete Pier4.72.9 mi
- The Dalí Museum4.73.5 mi
- Sunken Gardens4.72.1 mi
- Treasure Island Beach4.89.8 mi
- Vinoy Park4.82.5 mi
- The Dalí Museum4.73.5 mi
- Glazer Children's Museum4.513.5 mi
- Tampa Theatre4.813.6 mi
- Tampa Museum of Art4.213.4 mi
- Henry B. Plant Museum4.613.2 mi
- St. Pete Pier4.72.9 mi
- Sunken Gardens4.72.1 mi
- Vinoy Park4.82.5 mi
- Cypress Point Park4.510.5 mi
- Florida Botanical Gardens4.812.4 mi
- Harborage Marina4.74 mi
- St Petersburg Yacht Club4.73.1 mi
- City of Gulfport Municipal Marina4.66.9 mi
- Loggerhead St. Petersburg Marina4.67.8 mi
- Pasadena Yacht and Country Club4.77.7 mi
- Topgolf Saint Petersburg4.45.7 mi
- Mangrove Bay and Cypress Links Golf Courses41.3 mi
- Bardmoor Golf & Tennis Club3.78.5 mi
- Cove Cay Golf Club3.710.3 mi
- Rocky Point Golf Course3.911.9 mi
- International Plaza and Bay Street4.612 mi
- St. Pete Pier4.72.9 mi
- Hyde Park Village4.712.2 mi
- Tyrone Square4.37 mi
- WestShore Plaza4.410.8 mi
- Tampa International Airport4.612.4 mi
- Sarasota Bradenton International Airport4.529.4 mi
- St. Pete–Clearwater International Airport4.47.9 mi
- Rightway Parking4.313.4 mi
- Ambassador Limousine4.813.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A community park serving the local neighborhood.
Key-figure check: median price diverges 15.3% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $415,000 (+15.3% vs the prior refresh cycle) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.