Lakewood Estates
Homes for Sale in St. Petersburg, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Over the 12 months ending 2026-08-02, 33 recorded sales closed at a median of $459,000, $315 per square foot, a median 7 days on market, sellers accepting 97% of original asking (-7% versus the prior year). At the median price and Pinellas County's FY2025-26 rate of 19.39 mills, annual property tax runs about $8,900 ($8,090 with the full homestead exemption).
Part of Lakewood Estates, St Petersburg, FL — see all Lakewood Estates homes for sale (5 listings across 9 sections in the MLS).
Price here is driven by condition and lot, not by a uniform build. With a median year built of 1962 and a stock that spans everything from 1925 cottages to 2022 construction, the median of $590,000 sits over a wide spread. At roughly $313 per square foot against a median of about 1,811 finished feet, you are paying for St Petersburg location and the quality of the individual renovation more than for square footage alone.
Posture is fast. A median of four days on market and a year-over-year gain of 10.5% tell you sellers hold the leverage right now, and the market heat reading of 60 backs that up. Buyers should come pre-approved and ready to move; sellers with a clean, updated home can expect real competition, though the age of the housing stock means condition still separates the quick sales from the slow ones.
Lakewood Estates right now
🟡 Off the recent peak. The trailing-12-month median ($459K) is down 7.3% from the prior 12 months ($495K). With about 21 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: Very High (33 and 31 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 27, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Nearby homes for sale
No active listings inside LAKEWOOD ESTATES SEC B right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Lakewood Estates market snapshot (as of August 2, 2026): the median sale price is about $459K ($315 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 7% from the prior 12 months, computed from record-level Stellar MLS closed sales (33 closings in the current window).
In ZIP 33705 (ST PETERSBURG), 444 homes closed in the last 12 months at a median of $459K ($317/sq ft), down 0.4% year over year, with a median 51 days on market. Right now 111 active and 27 pending listings put supply at about 4.7 months — a buyer's market. See the live ZIP 33705 housing market and the Pinellas County market.
Lakewood Estates is a community of 3,161 homes in St Petersburg, Pinellas County, built between 1900 and 2024 (median 1958), with a median living area of about 1,571 square feet. 64% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Lakewood Estates is an established St Petersburg pocket of about 430 homes where the appeal is location and character, not new construction. A very high homestead share near 79% signals a stable, owner-occupied core rather than a churn of investor turnover.
Who Lakewood Estates is best for.
Best for
- Buyers with financing lined up who can move within days of listing
- Buyers comfortable renovating or maintaining an older home
- Long-term owners drawn to an established, owner-occupied St Petersburg pocket
Probably not for
- Buyers who need a slow, contingency-heavy process in a four-day market
- Buyers set on newer construction and modern floor plans only
- Buyers wanting a fixed budget with no room for inspection or system surprises
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 ($459K) IS the median in the snapshot above, and the move from 2025 ($495K) IS the -7.3% one-year change.
Windows contain 0 to 45 sales each (33 in the current window); every figure carries its sample size. Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2026. Deemed reliable but not guaranteed.
22% of homes for sale in ZIP 33705 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).
The Lakewood Estates buying strategy.
If we were buying in Lakewood Estates 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 Lakewood Estates.
An older stock that rewards the right renovation
The build range from 1925 to 2022 is unusually broad, and the 1962 median tells you the bulk of the inventory predates modern floor plans and systems. That matters at the closing table: two homes of similar size can sit far apart in price depending on roof, systems, and updates, which is why the median price is the only figure worth anchoring to and everything else is condition-driven.
With a median around 1,811 square feet, most homes read as right-sized rather than sprawling. At about $313 per square foot, the premium is for the address and the finish level. Buyers underwriting an older home should budget for inspection findings and potential system work rather than assuming turnkey.
The location and the amenities are priced into every listing in Lakewood Estates. 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 Lakewood Estates 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 (6.1). Basis: Recent Direction -7.3% year-over-year; Owner Commitment 64% owner-occupied; Pricing Power 96.8% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a four-day market, the difference between winning and losing a home is preparation and honest read on condition. We help buyers size up an older home fast and structure an offer that competes without overpaying, and we help sellers position for the competition their home can actually command based on its updates, not wishful pricing.
Lakewood Estates 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 Lakewood Estates 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 Lakewood Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lakewood Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lakewood Estates home worth?
Get a no-obligation home value based on real comparable sales in Lakewood Estates, 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 Lakewood Estates on the map →
Frequently Asked Questions
What is the median home price in Lakewood Estates?
How long do homes in Lakewood Estates take to sell?
How many homes are in Lakewood Estates?
What share of Lakewood Estates is owner-occupied?
When were the homes in Lakewood Estates built?
Do cash buyers compete in Lakewood Estates?
Who is the best real estate agent for Lakewood Estates?
How do I find a top St Petersburg real estate agent who knows Lakewood Estates?
Can Momentum Realty connect me with an agent for Lakewood Estates?
Where is Lakewood Estates, and what county is it in?
Is Lakewood Estates a good place to live?
Should you buy in Lakewood Estates?
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 August 2, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (39 streets, ZIP 33705/33711/33712)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2004 (282 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.
Looking to buy here? Search homes for sale →
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More St. Petersburg & St. Petersburg & Pinellas County guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of St. Petersburg & Pinellas County or the full Neighborhood Finder.
See how LAKEWOOD ESTATES SEC B fits the bigger picture — live prices, inventory, and Momentum Scores:
Schools serving nearby communities
We do not have a confirmed school assignment for Lakewood Estates. These are the public schools most often assigned to other communities in ZIP 33705 / 33711 / 33712; zones change and vary by address, so confirm with the district before you buy.
- Bay Point Elementary, James B. Sanderlin PK-8 nearby · Public (assigned to 2 nearby communities)
- Lakewood Elementary School · Elementary · FLDOE grade A (assigned to 2 nearby communities)
- Lakewood High School · High · FLDOE grade A (assigned to 2 nearby communities)
- Bay Point Middle · Public · FLDOE grade A (assigned to 2 nearby communities)
- Bay Point Middle School · Middle · FLDOE grade A (assigned to 2 nearby communities)
Assignments from district data for neighboring communities; grades are official Florida Department of Education school grades (2025-26).
Nearby Communities
Explore more neighborhoods near Lakewood Estates with Momentum Realty’s local guides.