Five Towns of St. Petersburg vs Townes at Island Lake
Two Pinellas communities, compared on the numbers that decide it — price, pace, and supply — from live MLS data as of 2026-10-29.
| Metric | Five Towns of St. Petersburg | Townes at Island Lake |
|---|---|---|
| Median sale price | $101K | $380K |
| Price per sq ft | $102 | $260 |
| Avg days on market | 224 days | 121 days |
| Months of supply | 4.7 mo | 0.7 mo |
| Market | Buyer's Market | Balanced Market (limited data) |
| 1-year price change | False | False |
| Recent closings | 51 | 35 |
The verdict
Townes at Island Lake carries the higher median price — about 276% above Five Towns of St. Petersburg. Homes in Townes at Island Lake sell faster (121 days on market vs 224). Townes at Island Lake is the tighter market on inventory (0.7 months of supply).
Where each one is
| Five Towns of St. Petersburg | Townes at Island Lake | |
|---|---|---|
| County | Pinellas County, FL | Pinellas County, FL |
| City / area | St Petersburg | Pinellas Park |
| ZIP | 33709 | 33781 |
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.
What is for sale today
| Five Towns of St. Petersburg | Townes at Island Lake | |
|---|---|---|
| Homes for sale now | 20 | 2 |
| Under contract | 2 | 2 |
| Asking prices today | $69K to $350K | $383K to $406K |
| Listed in the last 7 days | 0 | 2 |
| Property types listed | Condominium | Townhouse |
Live MLS counts, refreshed with every listing pull. Browse them: Five Towns of St. Petersburg homes for sale · Townes at Island Lake homes for sale.
How each one trades
| Five Towns of St. Petersburg | Townes at Island Lake | |
|---|---|---|
| Sale-to-original-list | 83.5% | 99.4% |
| New-construction share of sales | 0% | 100% |
| Typical sold home | 1,130 sq ft | 1,464 sq ft |
Last 12 months of recorded closings; sale-to-original-list is the share of the first asking price sellers actually got.
Schools the listings are zoned for
| Five Towns of St. Petersburg | Townes at Island Lake | |
|---|---|---|
| Elementary | Rawlings Elementary-Pn | Pinellas Park Elementary-Pn |
| Middle | Pinellas Park Middle-Pn | Pinellas Park Middle-Pn |
| High school | Dixie Hollins High-Pn | Pinellas Park High-Pn |
The school most often recorded on each community's MLS listings. Always confirm a specific address with the district.
Which one fits
On budget alone, Five Towns of St. Petersburg is the lower entry point (median $101K vs $380K). Sellers get a faster sale in Townes at Island Lake (121 days on market on average); buyers get more negotiating room where homes sit longer.
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 Townes at Island Lake more expensive than Five Towns of St. Petersburg?
Yes, on recent sales: the median sale price in Townes at Island Lake is $380,000 versus $101,000 in Five Towns of St. Petersburg, about 276% higher.
Where do sellers get closer to asking price?
Townes at Island Lake — sellers there received 99.4% of the original list price over the last 12 months versus 83.5% in Five Towns of St. Petersburg.
What high schools serve Five Towns of St. Petersburg and Townes at Island Lake?
Listings in Five Towns of St. Petersburg most often report Dixie Hollins High-Pn; listings in Townes at Island Lake report Pinellas Park High-Pn. Zoning is set by the district and can change - verify by address.
Go deeper on each: Five Towns of St. Petersburg homes, photos & schools · Townes at Island Lake homes, photos & schools
Figures are aggregates from realMLS / DBAAR, updated regularly. Thinking about either? Talk to Momentum Realty.