Compare with
A cash-flow-lean market. Rents carry the return here rather than price growth.
What would change this read: price growth (median −33.7% YoY) outrunning rents would pull rent-to-price back under 0.8%/mo and weaken the cash-flow case. inventory, −5.4% YoY, is the number to watch.
The median listing price is down 33.7% YoY while the median home got down 14.5% bigger, so value per square foot is down 16.9%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $206K purchase rents for $1,900/mo: 0.92% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price), 6 BR (sale only, no matching rent).
Sales here take about 41 days longer to go under contract than rentals (median across 4 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented), Manufactured (sold here, not rented).
U.S. Census ACS characteristics for ZIP 33759 itself, not its parent county.
Renters hold 49.1% of this ZIP's 7,625 occupied households, on a median household income of $67K.
| Measure | ZIP 33759 | Pinellas County | Difference |
|---|---|---|---|
| Median Household Income | $67K | $73K | -$5K |
| Below Poverty Level | 12.7% | 11.5% | +1.2% |
| Median Age | 46.50 | 49.00 | -2.50 |
| Total Population | 17,557 | 963,481 | -- |
| Avg Household Size | 2.24 | 2.20 | +0.04 |
| Owner-Occupied | 50.9% | 69.5% | -18.6% |
| Worked From Home | 19.6% | 20.0% | -0.4% |
| Mean Commute | 23.40 | 25.20 | -1.80 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.3% to 963,481: residents under 18 are down 1.2% and those 65 and over are up 2.3%.
County median household income is $73K, 11.5% of residents are below the poverty level, 20.0% work from home.