Salem Square in Palm Harbor

Salem Square
Homes for Sale in Palm Harbor, FL

Community in Palm Harbor · Pinellas County · ZIP 34685
233 homesBuilt 1988–2000Median sale $385K
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Built fromLive Stellar MLS dataFL DOR public recordsUpdated twice daily

As of November 2026, Salem Square in Palm Harbor, FL has 3 homes for sale. Over the 12 months ending 2026-11-13, 9 recorded sales closed at a median of $385,000, $232 per square foot, a median 10 days on market, sellers accepting 99% of original asking. Homes listed or recently sold were built 1988–1999; 16 of 16 report an HOA (median $420/mo); 10 of the 15 geocoded homes sit in a FEMA special flood hazard zone (median elevation 18 ft). At the median price and Pinellas County's FY2025-26 rate of 19.39 mills, annual property tax runs about $7,460 ($6,650 with the full homestead exemption).

Salem Square key facts
LocationPalm Harbor, Pinellas County, FL · ZIP 34685
Homes in the community233 (FL DOR 2025 assessment roll)
Years built1988–2000 (median 1992)
Typical living area1,659 sq ft (median)
Home types (current listings and sales)villas 94%, single-family 6%
Amenities listed by sellersGated Community - No Guard, Pool, Deed Restrictions, Playground, Tennis Court(s), Gated
Sale prices, last 12 months$385,000 median across 9 closed sales · $232 per sq ft
Days on market (closed sales)10 median
For sale right now3 active, 1 pending · median asking $410,000 · 2.0 months of supply
Owner-occupied (homestead) share84%
Zoned public schoolsPinellas County Schools (verify by address); Confirm zoned elementary, middle, and high; Magnet and choice options may apply

Data as of November 13, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2026 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Salem Square key facts,” movewithmomentum.com/neighborhoods/salem-square-palm-harbor, data as of November 13, 2026.

Last 30 days in Salem Square: 1 under contract right now, 1 closed sale (median $397,500). As of November 12, 2026, Listings courtesy of Stellar MLS as distributed by MLS GRID.

Live · Salem Square Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$385K
Median sold · 12 mo
$232/sf
Sold $/sqft · 12 mo
peak $232 in 2026
99.0%
Sale vs ask
Pinellas median: 94.1%
Tempo
2.0mo
Supply
3 to 6 months is the balanced band
10days
Median DOM · closed
10 days at the 2026 low
25%
Under contract
Pinellas: 18% (1,584 of 8,696)
3 · 1
For sale · pending
live counts, refreshed twice daily
9
Sold · last 12 mo
10-yr average: about 9 a year
Ownership and context
84%
Owner-occupied · Salem Square
197 of 233 parcels homesteaded (FL DOR 2025)
16%
Non-owner-occupied · Salem Square
incl. 4% trust or LLC-held · 7% out-of-state
233
Homes in the community
233 residential parcels (FL DOR 2025)
Track record · 0 years of records
20
Recorded sales · 2024-2025
median $450K · qualified sales on the county roll (FL DOR 2025)
1988–2000
Years homes were built
median 1992 · county roll (FL DOR 2025)
1,659sqft
Median sold home size
12-mo windows, closed sales
3.9%/yr
Turnover rate
about 9 of 233 homes trade a year
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written October 26, 2026

Salem Square is a gated, deed-restricted community of 270 homes built between 1988 and 2000, so what drives price here is less about location novelty and more about condition and updates. With a median living area around 1,659 square feet and a median price of $381,500, the spread comes down to how a given home has been maintained and modernized since the 1990s. There is no range data to quote, but expect updated interiors to command a premium over original-condition units.

The posture is seller-leaning on paper — 2.2 months of supply and only 3 active listings — but the median home is sitting about 91 days before it sells, and prices are down 4.5% year over year. That tension matters: thin inventory supports sellers, yet the long days-on-market and softening prices tell buyers there is room to be patient and negotiate. Price and present well and you can move; overreach and you will sit.

Figures in this note are as of October 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Salem Square Housing Pulse · Momentum Research · as of November 13, 2026

Salem Square right now

🔴 Seller-leaning market. 2.0 months of supply and 25% of the inventory already under contract give sellers the pressure advantage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of November 13, 2026. Confidence: Medium (4 active and pending listings, 9 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated November 13, 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

Salem Square market snapshot (as of November 13, 2026): the median sale price is about $385K ($232 per sq ft over the trailing 12 months of closed sales), a median 10 days on market for closed sales, and 2.0 months of supply, a seller-leaning market.

Salem Square is a community of 233 homes in Palm Harbor, Pinellas County, built between 1988 and 2000 (median 1992), with a median living area of about 1,659 square feet. 84% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

A mid-sized, gated community in Palm Harbor with its own recreation amenities and a high owner-occupancy share, where nearly all homes date to a focused 1988–2000 build window. Low turnover and limited active inventory define the day-to-day reality here.

Best for

  • Buying to hold in a gated, deed-restricted community with its own pool, courts, and park
  • Buyers who value low turnover and a high owner-occupancy share
  • Buying with patience and room to negotiate against a softer price trend

Probably not for

  • Needing to close quickly without an HOA buyer-approval step
  • Wanting a wide selection of floor plans available at any given time
  • Buying new construction or anything outside the 1988–2000 build era

Housing distress & ownership in Salem Square, PALM HARBOR

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 4 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-11-13)

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 November 2026 through November 2026. Deemed reliable but not guaranteed.

Homes For Sale Right Now in Salem Square

Live MLS inventory for Salem Square. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Salem Square listings as of 2026-11-12, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2026 through 2026. Tap any home to ask about it.

Every Home for Sale in Salem Square Right Now (3)

All 3 active and pending Salem Square listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 3755 Darston Street · $400,000 · 2 bd / 2 ba · pending · listed Oct 23, 2026 · listed by Coldwell Banker Realty
  • 5565 Salem Square Drive · $299,000 · 2 bd / 2 ba · listed Aug 15, 2026 · listed by Re/Max Realtec Group Inc
  • 5515 Salem Square Drive · $410,000 · 2 bd / 2 ba · listed Aug 15, 2026 · listed by Re/Max Action First Of Florida

Listing locations from Stellar MLS. Map data © OpenStreetMap contributors.

Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Pinellas County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Pinellas County Schools (verify by address) · Public
  • Confirm zoned elementary, middle, and high · By address
  • Magnet and choice options may apply · Choice

Zoned schools reflect the assignments reported on recent Salem Square listings and can change; always confirm with Pinellas County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Salem Square address.

If we were buying in Salem Square 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

Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.

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 Salem Square.

Best Buy
Buyers who want a gated, amenity-rich community in Palm Harbor and are comfortable with a limited-selection market.
Biggest Risk
Prices are down 4.5% year over year and the median home takes about 91 days to sell.
Sweet Spot
A well-updated home near the median size and price that reflects today's softer trend.
Avoid If
You need to close fast or want wide selection and a quick, approval-free process.

A gated amenity community with low turnover

The amenity package is substantial for a community this size: a pool, tennis and basketball courts, a playground, a park, and owned recreation facilities, all behind a gate with no guard. Reclaimed-water irrigation and HOA-handled maintenance are reported across listings. Buyer approval is required, so budget time for the association's process rather than assuming a quick close. Verify current access, fees, and rules directly with the HOA.

With roughly 85% of homes held as homestead and only 3 listings active against 270 homes, this is a tightly held community where units do not come up often. That scarcity cuts both ways — it supports values when demand shows up, but it also means your options at any given moment are narrow, and the right floor plan may require waiting.

“

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

Jon Brooks · Founder, Momentum Realty
8.6A- · Buy Score
Liquidity & Demand8.0/10
Owner Commitment8.4/10
Pricing Power9.3/10

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 (8.6). Basis: Liquidity & Demand 2.0 months of supply; Owner Commitment 84% owner-occupied; Pricing Power 99.0% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a community where only a handful of homes are listed at once and the median sale takes about 91 days, pricing and timing are everything. We track condition-driven value across these 1988–2000 builds, know how to read the gap between a seller-leaning supply picture and a softening price trend, and will walk you through the buyer-approval and HOA steps before they slow your deal down.

Salem Square in 15 seconds.

Best forBuyers who want a gated, amenity-rich community in Palm Harbor and are comfortable with a limited-selection market.
Biggest advantageSubstantial shared amenities and low turnover behind the gate.
Biggest riskPrices are down 4.5% year over year and the median home takes about 91 days to sell.
Sweet spotA well-updated home near the median size and price that reflects today's softer trend.
Avoid ifYou need to close fast or want wide selection and a quick, approval-free process.
The takeaway

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

What is your Salem Square home worth?

Get a no-obligation home value based on real comparable sales in Salem Square, 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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Real comps, not an automated estimate.

Recently off market in Salem Square

Homes in Salem Square that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 7 on record.

Frequently Asked Questions

What is the median home price in Salem Square?
The median sale price in Salem Square was $385K over the 12 months ending November 13, 2026 (9 closed sales, Stellar MLS).
How long do homes in Salem Square take to sell?
Homes that closed in the 12 months ending November 13, 2026 took a median 10 days on market (9 sales, Stellar MLS).
Is Salem Square a buyer's or seller's market right now?
As of November 13, 2026, Salem Square leans toward sellers: 2.0 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in Salem Square?
The Florida DOR 2025 assessment roll shows 233 homes in Salem Square (public records).
What share of Salem Square is owner-occupied?
84% of Salem Square parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Salem Square built?
Homes in Salem Square were built between 1988 and 2000, with a median year built of 1992 (FL DOR 2025 roll).
What schools serve Salem Square?
Salem Square is served by Pinellas County Public Schools, typically Pinellas County Schools (verify by address) and Confirm zoned elementary, middle, and high. Confirm the exact zoning by address with the district.
Who is the best real estate agent for Salem Square?
The best agent for Salem Square is one who actively works Palm Harbor 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 Salem Square.
How do I find a top Palm Harbor real estate agent who knows Salem Square?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Salem Square and the wider Palm Harbor area.
Can Momentum Realty connect me with an agent for Salem Square?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Salem Square purchase or sale - no call center and no pressure.
Buying to hold in a gated, deed-restricted community with its own pool, courts, and parkExcellent fit
Buyers who value low turnover and a high owner-occupancy shareExcellent fit
Buying with patience and room to negotiate against a softer price trendExcellent fit
Needing to close quickly without an HOA buyer-approval stepProbably not
Wanting a wide selection of floor plans available at any given timeProbably not
Buying new construction or anything outside the 1988–2000 build eraProbably not

Nearby Communities

Explore more neighborhoods near Salem Square with Momentum Realty’s local guides.

SVSalem Village0.1 mi away · 37 homes, built 1997–00DADevonshire At Ridgem0.2 mi away · 25 homes, built 1996–98CLChattam Landing0.3 mi away · 176 homes, built 1987–23TVTealwood Villas0.5 mi away · 2 for sale

Browse all neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: November 12, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending November 13, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 34685))
Under-contract sharesStellar MLS records, as of 2026-11-13
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2026 (9 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.

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