Bay Woods
Homes for Sale in Safety Harbor, FL

Bay Woods market snapshot (as of September 12, 2026): the median sale price is about $500K ($278 per sq ft over the trailing 12 months of closed sales), and a median 7 days on market for closed sales. The trailing-12-month median is down 22% from the prior 12 months, computed from record-level Stellar MLS closed sales (4 closings in the current window).

In ZIP 34695 (Safety Harbor), 224 homes closed in the last 12 months at a median of $520K ($307/sq ft), up 0.5% year over year, with a median 44 days on market. Right now 47 active and 11 pending listings put supply at about 5.2 months — a balanced market. See the live ZIP 34695 housing market and the Pinellas County market.

Stellar MLS sales records identify 136 homes in Bay Woods that have changed hands since 2004, built between 1980 and 2009 (median 1983), with a median living area of about 2,066 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

This is a compact, owner-occupied enclave — 77 homes with an 87% homestead share — which tends to mean tightly held inventory and few listings at any given time. When something comes up, it tends to transact quickly.

With only 77 homes and most of them homesteaded, turnover is low and comparable sales are scarce. The five closings in the current window are enough to sketch a picture but not enough to anchor precise pricing, so recent condition-adjusted comps matter more here than in a larger community. Expect variation: the 1981–2014 build span means some homes carry original systems while others have been updated or are newer construction entirely.

The 7-day median on market shows demand is real for correctly priced homes, and the roughly 2,162-square-foot median points to substantial single-family footprints rather than starter product. The steep year-over-year median move is the number to interrogate — in a five-sale window it can reflect mix (which specific homes sold) as much as any shift in value. Verify against the actual condition and layout of each home before drawing conclusions.

In a 77-home community with only a handful of recent sales, the median alone will mislead you. We price and evaluate off condition, updates, and layout — the things that actually separate one Bay Woods sale from another — and we tell you plainly when a sample this thin can't support a confident number.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.