Grey Oaks
Homes for Sale in Tarpon Springs, FL

Grey Oaks market snapshot (as of August 2, 2026): the median sale price is about $825K ($273 per sq ft over the trailing 12 months of closed sales), and a median 42 days on market for closed sales. The trailing-12-month median is up 3% from the prior 12 months, computed from record-level Stellar MLS closed sales (5 closings in the current window).

In ZIP 34688 (Tarpon Springs), 280 homes closed in the last 12 months at a median of $241K ($191/sq ft), up 2.2% year over year, with a median 40 days on market. Right now 39 active and 6 pending listings put supply at about 6.3 months — a buyer's market. See the live ZIP 34688 housing market and the Pinellas County market.

Grey Oaks is a community of 81 homes in Tarpon Springs, Pinellas County, built between 1998 and 2010 (median 2001), with a median living area of about 3,302 square feet. 91% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Grey Oaks is a compact, owner-occupied community of larger homes in Tarpon Springs, where the mid-$820s median reflects square footage and condition rather than a broad price ladder. Inventory is thin and turnover is low, so the homes that do come up reward buyers who know what updated condition looks like.

With only 81 homes and a homestead share around 91 percent, Grey Oaks turns over slowly. That scarcity is the defining feature of the market: at any given time your options are narrow, so the meaningful decision is less about which community and more about which specific house. Two homes at similar square footage can sit far apart in value depending on kitchens, baths, roof, and mechanical updates.

Because the median living area is roughly 3,300 square feet and the median price sits at $825,000, this is not a place to shop by headline price alone. The median price per square foot near $289 gives you a fair benchmark, but a dated interior or deferred maintenance can pull a home well off that mark. The 45-day median days-on-market says buyers here take their time and underwrite condition carefully.

In a community this small, comparable sales are limited and the numbers move on condition, not just square footage. We help sellers price to the actual home instead of a rounded average, and we help buyers read the gap between a benchmark of about $289 per square foot and what a specific house is truly worth after inspection. With low turnover and a 45-day typical pace, timing and preparation matter more than urgency.