Fairway Village vs Lake Palms
Two Pinellas communities, compared on the numbers that decide it — price, pace, and supply — from live MLS data as of 2026-09-19.
| Metric | Fairway Village | Lake Palms |
|---|---|---|
| Median sale price | $394K | $340K |
| Price per sq ft | $239 | $290 |
| Avg days on market | n/a | n/a |
| Months of supply | 0.0 mo | 0.0 mo |
| Market | Buyer-Leaning Market (limited data) | Buyer-Leaning Market (limited data) |
| 1-year price change | False | False |
| Recent closings | 4 | 4 |
The verdict
Fairway Village carries the higher median price — about 16% above Lake Palms.
Where each one is
| Fairway Village | Lake Palms | |
|---|---|---|
| County | Clay County, FL | Pinellas County, FL |
| City / area | Fleming Island | Largo |
| ZIP | 32003 | 33771 |
Distances are straight-line; driving distance is usually 15 to 30 percent more. Flood-zone shares come from FEMA flood maps matched to sampled parcels; always check the exact address before you close.
The homes themselves
| Fairway Village | Lake Palms | |
|---|---|---|
| Homes (parcels) | 75 | 59 |
| Built | 2000–2001 (median 2001) | 1954–1984 (median 1973) |
| Typical living area | 1,650 sq ft | 1,542 sq ft |
| Homesteaded (owner-occupied) share | 75% | 56% |
Housing-stock figures from the Florida Department of Revenue 2025 assessment roll (public records).
Price history, year by year
| Year | Fairway Village median | Lake Palms median |
|---|---|---|
| 2015 | $218K (3 sales) | $120K (7 sales) |
| 2025 | $384K (5 sales) | $370K (4 sales) |
| 2026 | $394K (4 sales) | $340K (4 sales) |
Since 2015, Fairway Village's median sale price is +81% and Lake Palms's is +183% — Lake Palms has appreciated faster over that stretch.
How each one trades
| Fairway Village | Lake Palms | |
|---|---|---|
| Sale-to-original-list | 98.9% | 92.6% |
| New-construction share of sales | 0% | 0% |
| Typical sold home | 1,650 sq ft | 1,335 sq ft |
Last 12 months of recorded closings; sale-to-original-list is the share of the first asking price sellers actually got.
Which one fits
On budget alone, Lake Palms is the lower entry point (median $340K vs $394K). Buyers who want newer construction (fewer near-term roof, HVAC and re-plumb items, and easier insurance quotes in Florida) will find it in Fairway Village; Lake Palms trades that for a more established street and, typically, larger lots.
Neither number set decides it: drive both on a weekday evening, check the HOA documents and the flood zone for the exact street, and price the insurance before you write an offer. A Momentum agent who works both communities can pull the comparable sales for any two specific homes.
Questions people ask
Is Fairway Village more expensive than Lake Palms?
Yes, on recent sales: the median sale price in Fairway Village is $394,000 versus $340,000 in Lake Palms, about 16% higher.
Are Fairway Village and Lake Palms in the same county?
No. Fairway Village is in Clay County and Lake Palms is in Pinellas County; property-tax rates, school districts and permitting differ between the two.
Which has newer homes, Fairway Village or Lake Palms?
Fairway Village: its homes were built 2000–2001 with a median year of 2001, versus a median of 1973 in Lake Palms (Florida DOR assessment roll).
Which has appreciated more, Fairway Village or Lake Palms?
From 2015 to 2026 the median sale price rose 81% in Fairway Village and 183% in Lake Palms (recorded MLS closings by calendar year).
Where do sellers get closer to asking price?
Fairway Village — sellers there received 98.9% of the original list price over the last 12 months versus 92.6% in Lake Palms.
Go deeper on each: Fairway Village homes, photos & schools · Lake Palms homes, photos & schools
Figures are aggregates from realMLS / DBAAR, updated regularly. Thinking about either? Talk to Momentum Realty.