Placido Bayou Unit 1
Homes for Sale in St Petersburg, FL

Community in St Petersburg · Pinellas County
685 homesBuilt 1925–2024Median sale $766K
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Live Market Pulse
26/100
Market Heat
Cooler than normal
2013 → 2026 · 86 at the 2022 peak
0 is Placido Bayou Unit 1's coldest market since 2013, 100 its hottest. Today: 26. How it's scored
Built fromLive Stellar MLS data22 years of closingsFL DOR public recordsUpdated twice daily
Live · Placido Bayou Unit 1 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$766K
Median sold · 12 mo
down 2.5% vs the prior 12 months
-2.5%
1-yr price change
n = 36 and 27 sales in the two windows
$395/sf
Sold $/sqft · 12 mo
peak $420 in 2025
90.3%
Sale vs ask
Pinellas median: 93.3%
+186%
T12M median vs 2012
from a $268K median in 2012
Tempo
57days
Median DOM · closed
3 days at the 2022 low
36
Sold · last 12 mo
10-yr average: about 19 a year
Ownership and context
84%
Owner-occupied · Placido Bayou Unit 1
573 of 685 parcels homesteaded (FL DOR 2025)
16%
Non-owner-occupied · Placido Bayou Unit 1
incl. 5% trust or LLC-held · 4% out-of-state
67%
Cash buyers · Placido Bayou Unit 1
26 of 39 sales, 12 mo ending June 2026
685
Homes in the community
685 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1925
Community established
homes built 1925-2024, median 1990 (FL DOR 2025)
6
Failed listings · 2026
peaked at 85 in 2021
2,069sqft
Median sold home size
12-mo windows, closed sales
5.3%/yr
Turnover rate
about 36 of 685 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Placido Bayou Unit 1 is a small, tightly defined pocket of 39 homes built in a narrow window from 1984 to 1989, with the median vintage landing in 1987. When the housing stock is this uniform in age and the median home sits around 1,861 square feet, price is driven less by square footage and more by condition and updates. A home that has been renovated will separate itself sharply from one still carrying its original systems and finishes, so expect a wide spread rather than a tidy per-foot number.

The other number that matters here is the homestead share: roughly 85% of these homes are homesteaded. That tells you this is an owner-occupied, low-turnover pocket, and turnover-limited communities tend to trade thin. Sellers benefit from scarcity when a listing does come up; buyers should be patient, because you may wait for the right home rather than choose among several at once.

Placido Bayou Unit 1 Housing Pulse · Momentum Research · as of July 15, 2026

Placido Bayou Unit 1 right now

🟡 Off the recent peak. The trailing-12-month median ($766K) is down 2.5% from the prior 12 months ($785K) and up 186% since 2012. With about 19 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: High (36 and 27 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

Placido Bayou Unit 1 market snapshot (as of July 15, 2026): the median sale price is about $766K ($395 per sq ft over the trailing 12 months of closed sales), and a median 57 days on market for closed sales. The trailing-12-month median is down 2% from the prior 12 months and up 186% since 2012, computed from record-level Stellar MLS closed sales (36 closings in the current window).

Placido Bayou Unit 1 is a community of 685 homes in St Petersburg, Pinellas County, built between 1925 and 2024 (median 1990), with a median living area of about 2,085 square feet. 84% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is a compact, established St Petersburg community of just 39 homes, all dating to the mid-to-late 1980s, where the day-to-day story is condition and updates rather than floor plan variety.

Best for

  • Buyers targeting an established St Petersburg pocket who can wait for the right home to list
  • Buyers comfortable budgeting for updates on a mid-1980s home
  • Long-hold owners who value a stable, low-turnover setting over resale liquidity

Probably not for

  • Buyers who need immediate selection across multiple active listings
  • Buyers wanting new construction or a wide range of floor plans and sizes
  • Buyers seeking a quick flip who need a deep, active comp set to price against

Windows contain 0 to 50 sales each (36 in the current window); every figure carries its sample size. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$400K$600K$800K20122014201620182020202220242026
Down 2.5% year over year; up 186% since 2012.
Every sale since 2004 · price vs size
$0$1M$2M2k4k
324 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$200$300$40020122014201620182020202220242026
Up from $156 in 2012 to a $420 peak in 2025; $395 now.
Median days on market · closed sales
05020122014201620182020202220242026
3 days at the 2022 low; 57 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
90.3% now vs Pinellas 93.3%.
Homes sold per 12-mo window
0204020122014201620182020202220242026
0 to 50 a year; 36 in the current window.
Indexed since 2012 · Placido Bayou Unit 1 vs Pinellas
100200300400Pinellas +189%Placido Bayou Unit 1 +186%20122014201620182020202220242026
Same Stellar MLS record, indexed to 100 at 2012.
Sellers who gave up · failed listings per year
02550752004200820122016202020242026
Canceled, expired, or withdrawn. 85 quit in 2021; 6 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201420162018202220242026
86 at the 2022 peak, 26 in the troughs, 26 now. Same score as the hero card, full history.

If we were buying in Placido Bayou Unit 1 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 Placido Bayou Unit 1.

Best Buy
Buyers who want an established St Petersburg address and are patient with limited inventory.
Biggest Risk
Thin inventory and a limited comp set make pricing harder to read.
Sweet Spot
A home already updated from its original 1980s systems and finishes.
Avoid If
You need selection now or want new construction and varied floor plans.

A small, uniform pocket

With only 39 homes and a build range spanning just 1984 to 1989, Placido Bayou Unit 1 offers little architectural variety and little inventory. The median living area of about 1,861 square feet points to homes of similar scale, so the meaningful differences between listings come down to how each one has been maintained and updated over nearly four decades.

Because roughly 85% of the homes are homesteaded, listings are infrequent. That works in a seller's favor on timing but demands realistic pricing, since a limited comp set makes any single sale a strong reference point. For buyers, the practical takeaway is to budget for the renovation gap between an updated home and one that is not, and to be ready to move when a home that fits surfaces.

The location and the amenities are priced into every listing in Placido Bayou Unit 1. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.8B- · Buy Score
Long-Term Appreciation10.0/10
Recent Direction5.4/10
Owner Commitment8.4/10
Pricing Power3.6/10

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 4 factors (6.8). Basis: Long-Term Appreciation +186% since 2012; Recent Direction -2.5% year-over-year; Owner Commitment 84% owner-occupied; Pricing Power 90.3% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a 39-home community with low turnover and a thin comp set, pricing and timing are everything. We track this pocket closely, know how condition separates one 1987 home from the next, and will tell you plainly when a listing is priced to its updates and when it is not.

Placido Bayou Unit 1 in 15 seconds.

Best forBuyers who want an established St Petersburg address and are patient with limited inventory.
Biggest advantageA small, low-turnover pocket of similarly sized mid-1980s homes.
Biggest riskThin inventory and a limited comp set make pricing harder to read.
Sweet spotA home already updated from its original 1980s systems and finishes.
Avoid ifYou need selection now or want new construction and varied floor plans.

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 Placido Bayou Unit 1 sales matched to your home.

What is your Placido Bayou Unit 1 home worth?

Get a no-obligation home value based on real comparable sales in Placido Bayou Unit 1, 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 Placido Bayou Unit 1 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Placido Bayou Unit 1?
The median sale price in Placido Bayou Unit 1 was $766K over the 12 months ending July 15, 2026 (36 closed sales, Stellar MLS).
How long do homes in Placido Bayou Unit 1 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 57 days on market (36 sales, Stellar MLS).
How many homes are in Placido Bayou Unit 1?
The Florida DOR 2025 assessment roll shows 685 homes in Placido Bayou Unit 1 (public records).
What share of Placido Bayou Unit 1 is owner-occupied?
84% of Placido Bayou Unit 1 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Placido Bayou Unit 1 built?
Homes in Placido Bayou Unit 1 were built between 1925 and 2024, with a median year built of 1990 (FL DOR 2025 roll).
Do cash buyers compete in Placido Bayou Unit 1?
Cash buyers took 67% of Placido Bayou Unit 1 sales in the 12 months ending June 2026 (26 of 39 closings, Stellar MLS).
Have Placido Bayou Unit 1 home prices gone up?
The trailing-12-month median is up 186% since 2012, from $268K to $766K (Stellar MLS closed records).
Who is the best real estate agent for Placido Bayou Unit 1?
The best agent for Placido Bayou Unit 1 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 Placido Bayou Unit 1.
How do I find a top St Petersburg real estate agent who knows Placido Bayou Unit 1?
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 Placido Bayou Unit 1 and the wider St Petersburg area.
Can Momentum Realty connect me with an agent for Placido Bayou Unit 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Placido Bayou Unit 1 purchase or sale - no call center and no pressure.
Buyers targeting an established St Petersburg pocket who can wait for the right home to listExcellent fit
Buyers comfortable budgeting for updates on a mid-1980s homeExcellent fit
Long-hold owners who value a stable, low-turnover setting over resale liquidityExcellent fit
Buyers who need immediate selection across multiple active listingsProbably not
Buyers wanting new construction or a wide range of floor plans and sizesProbably not
Buyers seeking a quick flip who need a deep, active comp set to price againstProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (41 streets, ZIP 33703/33705/33707))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2004 (324 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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