Cresent Lake Terrace
Homes for Sale in St Petersburg, FL
True comps, carrying-cost math, and listings before the portals.
Price here is driven by condition and lot, not floor plan. With a median year built of 1927 and stock reaching back to 1900, you are buying age — some of it restored, some of it deferred — and the spread between those two states is where the real negotiation happens. The median sits at $500,000 and roughly $508 per square foot, which tells you land and location carry a lot of the value in this pocket of St Petersburg.
Posture right now is fast on the surface, softer underneath. A median of 6 days on market says well-prepared homes move almost immediately, but the year-over-year change of -6.5% says buyers are not paying up the way they were. For sellers, that means presentation and pricing discipline matter more than list-day urgency. For buyers, it means the frenzy is cooling even if the good listings still go quickly.
CRESENT LAKE TERRACE right now
🔴 Off the recent peak. The trailing-12-month median ($450K) is down 17.1% from the prior 12 months ($542K). With about 1 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Low (3 and 4 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Cresent Lake Terrace right now
🟡 Off the recent peak. The trailing-12-month median ($500K) is down 6.5% from the prior 12 months ($535K). With about 1 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 15. Confidence: Low (4 and 3 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 15, 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
Cresent Lake Terrace market snapshot (as of July 15, 2026): the median sale price is about $500K ($508 per sq ft over the trailing 12 months of closed sales), and a median 6 days on market for closed sales. The trailing-12-month median is down 6% from the prior 12 months, computed from record-level Stellar MLS closed sales (4 closings in the current window).
Cresent Lake Terrace is a community of 661 homes in St Petersburg, Pinellas County, built between 1900 and 2024 (median 1927.0), with a median living area of about 1,922 square feet. 57% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Cresent Lake Terrace is a small, older section of St Petersburg — 661 homes clustered around a compact, walkable footprint — where a century-plus range of housing stock means two homes on the same street can be worlds apart in condition and price.
Who Cresent Lake Terrace is best for.
Best for
- Buyers comfortable around the $500,000 median who value an older, walkable pocket of St Petersburg
- Renovation-minded buyers who can price in condition and read a home's update history
- Long-hold owners who want an established block with limited turnover
Probably not for
- Buyers who need new or newer construction with modern systems out of the box
- Anyone needing a strictly turnkey home with zero deferred-maintenance risk
- Buyers counting on last year's pricing, given the -6.5% year-over-year shift
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($500K) IS the median in the snapshot above, and the move from 2025 ($535K) IS the -6.5% one-year change.
Windows contain 0 to 4 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.
The Cresent Lake Terrace buying strategy.
If we were buying in Cresent Lake Terrace 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 Cresent Lake Terrace.
Reading a market built on age and condition
The defining fact here is vintage. A median build year of 1927 with homes dating to 1900 means you are almost always evaluating renovation history, systems, and structure before anything else. Median living space is just under 1,925 square feet, so these are not tiny cottages — but square footage means little until you know what has been updated and what hasn't. Expect a wide value spread that reflects condition far more than size.
The homestead share sits at roughly 58%, which points to a core of long-held, owner-occupied homes rather than a heavily transient block. Combined with a fast median of 6 days on market, that suggests turnover is limited and demand is real when a property does list. The -6.5% year-over-year move is your reminder that momentum from prior years has eased; price to the current market, not to last year's comps.
The location and the amenities are priced into every listing in Cresent Lake Terrace. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Cresent Lake Terrace buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (6.3). Basis: Recent Direction -6.5% year-over-year; Owner Commitment 57% owner-occupied; Pricing Power 98.1% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a neighborhood where the median home predates 1930, the number that matters isn't the list price — it's the condition behind it. We walk you through renovation history, deferred maintenance, and how a specific home's shape justifies (or doesn't) its place in a market that trades near $500,000 and moves in about a week. With a small closings window, comps are thin, so we lean on hands-on knowledge of this exact pocket rather than broad averages.
Cresent Lake Terrace in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- 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 Cresent Lake Terrace 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 Cresent Lake Terrace sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Cresent Lake Terrace, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Cresent Lake Terrace home worth?
Get a no-obligation home value based on real comparable sales in Cresent Lake Terrace, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Cresent Lake Terrace?
How long do homes in Cresent Lake Terrace take to sell?
How many homes are in Cresent Lake Terrace?
What share of Cresent Lake Terrace is owner-occupied?
When were the homes in Cresent Lake Terrace built?
Do cash buyers compete in Cresent Lake Terrace?
Who is the best real estate agent for Cresent Lake Terrace?
How do I find a top St Petersburg real estate agent who knows Cresent Lake Terrace?
Can Momentum Realty connect me with an agent for Cresent Lake Terrace?
Should you buy in Cresent Lake Terrace?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (4 streets, ZIP 33701)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2016 (14 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.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($450K) IS the median in the snapshot above, and the move from 2025 ($542K) IS the -17.1% one-year change.
Windows contain 0 to 4 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2016 through 2026. Deemed reliable but not guaranteed.
17% of homes for sale in ZIP 33701 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 (2026-08-01).
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending August 2, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (4 streets, ZIP 33701)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2016 (14 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 your area comps.
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See how CRESENT LAKE TERRACE fits the bigger picture — live prices, inventory, and Momentum Scores:
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