Cinnamon Lake
Homes for Sale in St. Petersburg, FL
True comps, carrying-cost math, and listings before the portals.
As of September 2026, Cinnamon Lake in St Petersburg, FL has 1 home for sale. As of September 2026, the MLS records 34 closed sales in Cinnamon Lake in St Petersburg, FL since 2006, the most recent in April 2025. Recorded prices since 2024 ran from $233,000 to $300,000 (median $275,000), on homes of 1,305 to 1,495 sq ft. Across St Petersburg as a whole, 3,719 homes closed in the last 12 months at a median of $435,000, 44 median days on market, with 1,078 homes for sale today. At that median and Pinellas County's FY2025-26 rate of 19.39 mills, annual property tax runs about $5,330 ($4,520 with the full homestead exemption).
Cinnamon Lake is an established St Petersburg pocket where the housing stock does most of the pricing work. With a median build year of 1959 and homes stretching back to 1950 and up through 2021, condition and updates matter more than square footage here — the median home sits around 1,411 finished square feet, so what a buyer pays turns largely on whether a house has been modernized or left original.
The snapshot shows no closings in the current window, which means there is no fresh transactional read to anchor to. Treat any single list price with skepticism and lean on comparable sold data before pricing a sale or framing an offer. The high owner-occupancy here — roughly 81% homestead — tends to keep resale inventory tighter and turnover slower, so sellers hold some leverage and buyers should be patient rather than expect a steady flow of options.
Cinnamon Lake right now
🟢 Buyer-leaning market. 12.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of September 12, 2026. Confidence: Low (1 active and pending listings, 0 closed sales in 12 months).
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Updated September 12, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Cinnamon Lake is a small, largely owner-occupied St Petersburg neighborhood of 413 homes with a mid-century core and scattered newer construction, where the spread between original and updated houses drives most of the value story.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Cinnamon Lake is best for.
Best for
- Buyers targeting a right-sized mid-century home who are prepared to budget for updates on an original property
- Long-hold owner-occupants who value a low-turnover, owner-heavy neighborhood over constant inventory
- Renovation-minded buyers who can price condition accurately and want a home in the 1,411-square-foot range
Probably not for
- Buyers who need a large-footprint home well above the neighborhood's median size
- Shoppers who want many active listings to choose from and a fast timeline
- Investors chasing high rental turnover, given the strong owner-occupied character here
The market around Cinnamon Lake
Cinnamon Lake is too small for its own price trend, so here is the market around it.
In ZIP 33702, 263 homes are on the market and 18% are under contract — a slower corner of St Petersburg.
Across Pinellas County, 6,628 homes are active and 1,729 pending (21% under contract).
ZIP and county figures describe the wider market, not Cinnamon Lake specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Cinnamon Lake
Live MLS inventory for Cinnamon Lake. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Cinnamon Lake listings as of 2026-09-12, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2006 through 2025. Tap any home to ask about it.
The Cinnamon Lake buying strategy.
If we were buying in Cinnamon Lake today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Cinnamon Lake.
A mid-century core with a long build tail
The build range tells you a lot: a median year of 1959 anchors this as a mid-century neighborhood, but the tail runs all the way to 2021, meaning you will find teardown-and-rebuilds and renovations mixed among original homes. That variety widens the price spread and makes on-site condition assessment essential — two homes of similar size can sit far apart on price depending on roof, systems, and updates.
At a median of about 1,411 living square feet, this is a right-sized rather than sprawling market. The high homestead share — near 81% — signals a neighborhood held mostly by long-term owners rather than investors, which historically means less churn and fewer distressed listings, but also fewer chances to buy at any given moment.
The location and the amenities are priced into every listing in Cinnamon Lake. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
With no recent closings to anchor value and a housing stock that ranges from 1950 originals to 2021 rebuilds, pricing in Cinnamon Lake is a condition-by-condition exercise, not a per-square-foot shortcut. We read the actual comparables, weigh updates against age, and tell you plainly when a list price is not supported.
Cinnamon Lake in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Cinnamon Lake buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Cinnamon Lake sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Cinnamon Lake, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Cinnamon Lake home worth?
Get a no-obligation home value based on real comparable sales in Cinnamon Lake, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Cinnamon Lake on the map →
16% of homes for sale in ZIP 33702 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-12).
Cinnamon Lake Market Scorecard
Cinnamon Lake is currently a strong buyer's market. About 12.0 months of supply, a median asking price of $274,444, and homes go under contract in about 16 days.
Typical home value in the 33702 ZIP is $309,934, about 5.2% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
Is Cinnamon Lake a buyer's or seller's market right now?
Who is the best real estate agent for Cinnamon Lake?
How do I find a top St Petersburg real estate agent who knows Cinnamon Lake?
Can Momentum Realty connect me with an agent for Cinnamon Lake?
Should you buy in Cinnamon Lake?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Cinnamon Lake with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: September 12, 2026) |
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2006 (34 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Cinnamon Lake fits the bigger picture — live prices, inventory, and Momentum Scores: