Updated July 2026Zillow Research
Miami vs St. Petersburg: real estate market, July 2026
A side-by-side housing-market snapshot for Miami, FL and St. Petersburg, FL for July 2026: St. Petersburg at a $373K median versus $591K in Miami, plus days to pending and the buyer-vs-seller balance, built on Zillow Research figures.
| Metric | Miami, FL | St. Petersburg, FL |
|---|---|---|
| Median sale price | $591K ▲ +2.2% | $373K ▲ +3.5% |
| Days to pending | 104 ▲ +14.3% | 75 • 0.0% |
| Homes for sale | 5,851 ▼ -9.5% | 2,419 ▼ -15.4% |
| Sale-to-list | 96.0% ▲ +0.2% | 96.3% ▲ +1.1% |
| Months of supply (est.) | 6.4 ▼ -4.4% | 4.6 ▼ -7.0% |
| Homes sold (est.) | 1,820 ▲ +2.0% | 720 ▲ +3.2% |
(est.) = LOKAL estimate, not published by the source at city level.
Metro figures from Zillow Research, ZIP figures from Zillow Research where published, otherwise from the last public Redfin release (each post names its source). Verify against your MLS before posting.
The verdict
As of July 2026, St. Petersburg is the more affordable of the two at a $373,161 median sale price, about 37% below Miami ($590,979). St. Petersburg is the faster-moving market, with homes going under contract in about 75 days versus 104 in Miami.
Which market fits your client?
For a buyer client, Miami offers a little more breathing room, with an estimated 6.4 months of supply against 4.6 in St. Petersburg, which usually means less bidding pressure. For a seller client, St. Petersburg is the tighter market, with a 96.3% sale-to-list ratio. On price momentum, St. Petersburg is appreciating faster (+3.5% vs +2.2% year over year).
How we compare these markets
We built LOKAL to pull Miami's and St. Petersburg's numbers straight from Zillow Research, so an agent and a client compare like for like. For July 2026 we recorded a $373K median in St. Petersburg and a $591K median in Miami, against roughly $361K a year earlier in 2025. Zillow Research has published these city-level series monthly since 2018, which is what lets us show year-over-year change here in 2026. For complementary demographics on each metro (population and median household income), see the U.S. Census Bureau. LOKAL is independent and not affiliated with Zillow; always verify against your MLS before you publish.
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Full Miami and St. Petersburg market updates
Frequently asked
- Is Miami or St. Petersburg more affordable?
- As of July 2026, St. Petersburg is the more affordable market at a $373,161 median sale price, about 37% below Miami ($590,979), per Zillow Research.
- Which market moves faster, Miami or St. Petersburg?
- St. Petersburg moves faster: a typical listing goes under contract in about 75 days, versus 104 days in Miami (July 2026).
- Is Miami or St. Petersburg better for buyers right now?
- Miami gives buyers a little more room, with an estimated 6.4 months of supply versus 4.6 in St. Petersburg. More months of supply usually means less competition and more negotiating leverage for buyers.
- Where do these Miami and St. Petersburg numbers come from?
- Both metros draw on Zillow Research, refreshed monthly. LOKAL turns the figures into a ready-to-post carousel, story and square for either city. LOKAL is not affiliated with Zillow; always verify against your local MLS before quoting figures to clients.
More Miami comparisons
Data from Zillow Research. Figures are metro-level snapshots, not valuations for a specific home.