LAKE PALMS SEC 2 in LARGO

LAKE PALMS SEC 2
Homes for Sale in LARGO, FL

Community in LARGO · Pinellas County · ZIP 33771
430 homesBuilt 1950–2024Median sale $339K
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Live Market Pulse
13/100
Market Heat
Cooler than normal
2013 → 2026 · 77 at the 2022 peak
0 is LAKE PALMS SEC 2's coldest market since 2013, 100 its hottest. Today: 13. How it's scored
Built fromLive Stellar MLS data21 years of closingsFL DOR public recordsUpdated twice daily
Live · LAKE PALMS SEC 2 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$339K
Median sold · 12 mo
down 8.4% vs the prior 12 months
-8.4%
1-yr price change
n = 3 and 4 sales in the two windows
$290/sf
Sold $/sqft · 12 mo
peak $308 in 2024
93.5%
Sale vs ask
Tempo
105days
Median DOM · closed
6 days at the 2017 low
0 · 0
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
49%
Owner-occupied · LAKE PALMS SEC 2
212 of 430 parcels homesteaded (FL DOR 2025)
51%
Non-owner-occupied · LAKE PALMS SEC 2
incl. 15% trust or LLC-held · 7% out-of-state
33%
Cash buyers · LAKE PALMS SEC 2
1 of 3 sales, 12 mo ending June 2026
430
Homes in the community
430 residential parcels (FL DOR 2025)
Track record · 21 years of records
Est. 1950
Community established
homes built 1950-2024, median 1973 (FL DOR 2025)
4
Failed listings · 2026
peaked at 33 in 2021
1,170sqft
Median sold home size
12-mo windows, closed sales
0.7%/yr
Turnover rate
about 3 of 430 homes trade a year
LAKE PALMS SEC 2 Housing Pulse · Momentum Research · as of August 2, 2026

LAKE PALMS SEC 2 right now

🔴 Off the recent peak. The trailing-12-month median ($339K) is down 8.4% from the prior 12 months ($370K). With about 4 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

The 60-Second Overview

LAKE PALMS SEC 2 market snapshot (as of August 2, 2026): the median sale price is about $339K ($290 per sq ft over the trailing 12 months of closed sales), and a median 105 days on market for closed sales. The trailing-12-month median is down 8% from the prior 12 months, computed from record-level Stellar MLS closed sales (3 closings in the current window).

LAKE PALMS SEC 2 is a community of 430 homes in LARGO, Pinellas County, built between 1950 and 2024 (median 1973), with a median living area of about 1,442 square feet. 49% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 11 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 2005 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$100K$200K$300K$400K20122014201620182020202220242026
Down 8.4% year over year.
Every sale since 2005 · price vs size
$0$200K$400K1k2k2k
74 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$200$30020122014201620182020202220242026
Up from $62 in 2012 to a $308 peak in 2024; $290 now.
Median days on market · closed sales
05010020122014201620182020202220242026
6 days at the 2017 low; 105 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
93.5% now.
Homes sold per 12-mo window
051020122014201620182020202220242026
0 to 11 a year; 3 in the current window.
Sellers who gave up · failed listings per year
0102030200820122016202020242026
Canceled, expired, or withdrawn. 33 quit in 2021; 4 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning20142016202220242026
77 at the 2022 peak, 13 in the troughs, 13 now. Same score as the hero card, full history.

Lake Palms Market Scorecard

No active listings

Lake Palms is currently a no active listings market. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
$339,592
Median sold
n/a
Per sqft
n/a
Days on mkt
0/0/4
Active/Pend/Sold

Go deeper: 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.

Housing distress & ownership in LAKE PALMS SEC 2, LARGO

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 29 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-08-24)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

If we were buying in LAKE PALMS SEC 2 today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 LAKE PALMS SEC 2.

A closer look at the LAKE PALMS SEC 2 market

At a median of $290 per square foot, LAKE PALMS SEC 2 prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The trailing-12-month median down 8% year over year. Homes that do trade take a median 105 days on market, useful leverage on any listing that has lingered.

The housing stock is 430 homes built between 1950 and 2024, and 49% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in LAKE PALMS SEC 2. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
4.8C- · Buy Score
Recent Direction3.9/10
Owner Commitment4.9/10
Pricing Power5.7/10

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 (4.8). Basis: Recent Direction -8.4% year-over-year; Owner Commitment 49% owner-occupied; Pricing Power 93.5% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed LAKE PALMS SEC 2 sales matched to your home.

What is your LAKE PALMS SEC 2 home worth?

Get a no-obligation home value based on real comparable sales in LAKE PALMS SEC 2, 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 LAKE PALMS SEC 2 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in LAKE PALMS SEC 2?
The median sale price in LAKE PALMS SEC 2 was $339K over the 12 months ending August 2, 2026 (3 closed sales, Stellar MLS).
How long do homes in LAKE PALMS SEC 2 take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 105 days on market (3 sales, Stellar MLS).
How many homes are in LAKE PALMS SEC 2?
The Florida DOR 2025 assessment roll shows 430 homes in LAKE PALMS SEC 2 (public records).
What share of LAKE PALMS SEC 2 is owner-occupied?
49% of LAKE PALMS SEC 2 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in LAKE PALMS SEC 2 built?
Homes in LAKE PALMS SEC 2 were built between 1950 and 2024, with a median year built of 1973 (FL DOR 2025 roll).
Do cash buyers compete in LAKE PALMS SEC 2?
Cash buyers took 33% of LAKE PALMS SEC 2 sales in the 12 months ending June 2026 (1 of 3 closings, Stellar MLS).
Who is the best real estate agent for LAKE PALMS SEC 2?
The best agent for LAKE PALMS SEC 2 is one who actively works LARGO and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for LAKE PALMS SEC 2.
How do I find a top LARGO real estate agent who knows LAKE PALMS SEC 2?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows LAKE PALMS SEC 2 and the wider LARGO area.
Can Momentum Realty connect me with an agent for LAKE PALMS SEC 2?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your LAKE PALMS SEC 2 purchase or sale - no call center and no pressure.

Nearby Communities

Explore more neighborhoods near LAKE PALMS SEC 2 with Momentum Realty’s local guides.

Village Green Largo0.2 mi awayFloral Gardens Largo0.3 mi awayGolfside Estates Largo0.5 mi awayParadise Island Co Op Inc0.5 mi awayKeene Park0.6 mi awayKeene Forest Largo0.7 mi awayWillow Greens Largo0.7 mi awaySeminole Palms At Largo0.9 mi away

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: June 23, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (12 streets, ZIP 33771))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2005 (74 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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CallFree valuation →
Thinking of selling in LAKE PALMS SEC 2? 3 recorded closings; median 105 days on market (window ending 2026-08-02). See the Pinellas County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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