NEBRASKA PLACE SUB
Homes for Sale in ST PETERSBURG, FL

Community in ST PETERSBURG · Pinellas County · ZIP 33705
520 homesBuilt 1913–2024
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Built fromLive Stellar MLS data12 years of closingsFL DOR public recordsUpdated twice daily
Live · NEBRASKA PLACE SUB Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
46%
Owner-occupied · NEBRASKA PLACE SUB
254 of 549 parcels homesteaded (FL DOR 2025)
54%
Non-owner-occupied · NEBRASKA PLACE SUB
incl. 24% trust or LLC-held · 11% out-of-state
67%
Cash buyers · NEBRASKA PLACE SUB
2 of 3 sales, 12 mo ending June 2026
520
Homes in the community
plus 29 vacant residential lots · 549 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 1913
Community established
homes built 1913-2024, median 1947 (FL DOR 2025)
2
Failed listings · 2026
peaked at 3 in 2009
0.4%/yr
Turnover rate
about 2 of 520 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is condition-driven, not layout-driven. With a housing stock that spans 1913 to 2024 and a median build year of 1947, two homes on the same block can trade for very different numbers depending on what has been touched underneath the paint. The median sits at $193,000 on roughly $202 per square foot against a median of about 1,343 living square feet, so what you are really buying is a set of decisions someone did or did not make about systems, roof, and foundation.

The posture right now favors patient buyers. The median home takes about 62 days to sell, and prices are down 10.2% year over year, which tells you the days of naming a number and waiting are over. Sellers who price to the current market and present a clean, documented home still move; those anchored to last year's comps sit. Buyers have room to negotiate but should budget for the age of the stock.

The 60-Second Overview

Nebraska Place is an older, established pocket of St Petersburg where the story is about individual houses, not a uniform product line. Expect a wide condition spread across roughly 520 homes and a market currently correcting rather than climbing.

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.

Best for

  • Buyers with a renovation budget who want to add value to an older home rather than pay for someone else's finishes
  • Value-focused buyers using the current price decline and slow market as leverage on a smaller footprint under $200K
  • Long-hold buyers who intend to own through a soft stretch rather than trade quickly

Probably not for

  • Buyers who need turnkey, newer construction with no deferred maintenance
  • Short-term buyers counting on quick resale or near-term price gains
  • Anyone whose budget has no room for surprises from century-old systems

The market around NEBRASKA PLACE SUB

NEBRASKA PLACE SUB is a small community — 21 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

In ZIP 33705, 232 homes are on the market and 22% are under contract — a steady corner of ST PETERSBURG.

Across Pinellas County, 6,999 homes are active and 1,872 pending (21% under contract).

The housing mix here is 97% single family residence, 3% half duplex.

ZIP and county figures describe the wider market, not NEBRASKA PLACE SUB specifically. Momentum Research analysis of MLS records.

If we were buying in NEBRASKA PLACE SUB 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 NEBRASKA PLACE SUB.

Best Buy
Buyers who want an established St Petersburg address and are comfortable with older construction.
Biggest Risk
Century-spanning age means hidden condition costs can swing the true price sharply.
Sweet Spot
A documented, updated older home priced honestly to the current market.
Avoid If
You need move-in-ready newness or a quick, appreciation-driven flip.

An older stock rewards diligence

A median build year of 1947 with homes reaching back to 1913 means the fundamentals matter more than finishes. Original wiring, plumbing, roofs, and any additions made over a century of ownership are the variables that separate a $193,000 sale from something well above or below it. The median living area near 1,343 square feet keeps most of these homes modest in footprint, so square-foot efficiency and renovation quality carry the price rather than sheer size.

The homestead share sits at roughly 46%, meaning a meaningful slice of the homes here are not owner-occupied as a primary residence. Combined with a 10.2% year-over-year decline and a two-month median days on market, that points to a market where inventory turns slowly and where the burden is on the seller to prove value. For a buyer, that is leverage. For a seller, it is a reason to invoice your improvements and inspect ahead of listing.

The location and the amenities are priced into every listing in NEBRASKA PLACE SUB. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a neighborhood where the median home predates 1950 and prices are set almost entirely by condition, generic comps mislead. We read each house on its own terms — systems, roof, permit history, additions — and price to where this softer market actually is, not where it was a year ago. That is the difference between a listing that sits for the full 62-day median and one that closes clean.

NEBRASKA PLACE SUB in 15 seconds.

Best forBuyers who want an established St Petersburg address and are comfortable with older construction.
Biggest advantageA softening market and slow days on market hand negotiating room to patient buyers.
Biggest riskCentury-spanning age means hidden condition costs can swing the true price sharply.
Sweet spotA documented, updated older home priced honestly to the current market.
Avoid ifYou need move-in-ready newness or a quick, appreciation-driven flip.

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 NEBRASKA PLACE SUB sales matched to your home.

What is your NEBRASKA PLACE SUB home worth?

Get a no-obligation home value based on real comparable sales in NEBRASKA PLACE SUB, 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 NEBRASKA PLACE SUB on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in NEBRASKA PLACE SUB?
The Florida DOR 2025 assessment roll shows 520 homes plus 29 vacant residential lots in NEBRASKA PLACE SUB (public records).
What share of NEBRASKA PLACE SUB is owner-occupied?
46% of NEBRASKA PLACE SUB parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in NEBRASKA PLACE SUB built?
Homes in NEBRASKA PLACE SUB were built between 1913 and 2024, with a median year built of 1947.0 (FL DOR 2025 roll).
Do cash buyers compete in NEBRASKA PLACE SUB?
Cash buyers took 67% of NEBRASKA PLACE SUB sales in the 12 months ending June 2026 (2 of 3 closings, Stellar MLS).
Who is the best real estate agent for NEBRASKA PLACE SUB?
The best agent for NEBRASKA PLACE SUB is one who actively works ST PETERSBURG 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 NEBRASKA PLACE SUB.
How do I find a top ST PETERSBURG real estate agent who knows NEBRASKA PLACE SUB?
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 NEBRASKA PLACE SUB and the wider ST PETERSBURG area.
Can Momentum Realty connect me with an agent for NEBRASKA PLACE SUB?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your NEBRASKA PLACE SUB purchase or sale - no call center and no pressure.
Buyers with a renovation budget who want to add value to an older home rather than pay for someone else's finishesExcellent fit
Value-focused buyers using the current price decline and slow market as leverage on a smaller footprint under $200KExcellent fit
Long-hold buyers who intend to own through a soft stretch rather than trade quicklyExcellent fit
Buyers who need turnkey, newer construction with no deferred maintenanceProbably not
Short-term buyers counting on quick resale or near-term price gainsProbably not
Anyone whose budget has no room for surprises from century-old systemsProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 33705))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2014 (24 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 NEBRASKA PLACE SUB? 2 recorded closings (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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