Spring Hill Rev (Crescent Heights) market snapshot (as of June 25, 2026): the median sale price is about $825K ($407 per sq ft), with homes averaging 53 days on market and 0.8 months of supply, a balanced market (limited data). Based on 15 recent closings in live Stellar MLS data.
Spring Hill Rev is a plat name used in the Stellar MLS for part of Crescent Heights, an established historic neighborhood in St. Petersburg, Pinellas County, near Crescent Lake and roughly two to three miles from downtown (Crescent Heights Neighborhood Association and St. Pete neighborhood guides, 2025 to 2026). It is important to separate it from the much larger Spring Hill in Hernando County, which is an entirely different community about an hour and a half to the north.
Crescent Heights grew over roughly a 40 year span beginning in the early 1920s, taking near its final form just before World War II as palm-lined drives went in along the lake, with remaining lots filled during the postwar building boom (Crescent Heights Neighborhood Association history, 2025). The result is a walkable grid of early and mid-twentieth-century homes in styles such as Craftsman, Foursquare, Colonial Revival, Mediterranean Revival, Tudor, and later Minimal Traditional and Ranch.
Because this is older, individually built stock rather than a builder subdivision, the money is made or lost on the specific home: its era and architectural integrity, its roof and systems age, the quality of any renovation, and an honest read of the flood zone and insurance for the exact parcel.
The pitch is location and character: a historic, tree-lined St. Petersburg neighborhood with an active neighborhood association, Crescent Lake Park at its doorstep, and easy access to the 4th Street and Dr. MLK Jr. Street corridors and downtown St. Pete. The work is reading the era and condition of an older home honestly and verifying fees, flood zone, and insurance before you fall for the charm.
