Village Lake Condo
Homes for Sale in St Petersburg, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Village Lake Condo is a single-vintage community — every unit dates to 1974 — with a median around 885 square feet, so what you're pricing is condition, floor, and view, not year built. The median sits at $155,000, or roughly $161 per square foot, and the spread in this kind of building is driven almost entirely by how much updating a unit has had. An original interior and a renovated one will not trade at the same number here.
Posture right now favors buyers. Prices are down 19.5% year over year, the median sits at 47 days on market, and with a heat score of 18 this is a slow, unhurried market. Sellers should expect to price sharply and wait; buyers have room to negotiate and time to inspect. The correction is real, so nobody should assume today's number is a floor.
Village Lake Condo right now
🔴 Off the recent peak. The trailing-12-month median ($155K) is down 19.5% from the prior 12 months ($192K). With about a dozen 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: Medium (13 and 14 sales in the two windows).
What's unique here: the median sale price is about 60% below the typical Pinellas County sale ($155K vs $390K, trailing 12 months, Stellar MLS records).
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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
Village Lake Condo market snapshot (as of July 15, 2026): the median sale price is about $155K ($161 per sq ft over the trailing 12 months of closed sales), and a median 47 days on market for closed sales. The trailing-12-month median is down 20% from the prior 12 months, computed from record-level Stellar MLS closed sales (13 closings in the current window).
Village Lake Condo is a community of 118 homes in St Petersburg, Pinellas County, built between 1974 and 1974 (median 1974.0), with a median living area of about 885 square feet. 52% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
A compact, one-era condo community of 118 units in St Petersburg where roughly half the homes carry a homestead exemption, suggesting a mix of owner-occupants and investor or seasonal holdings.
Who Village Lake Condo is best for.
Best for
- Budget-focused buyers targeting the mid-$150s for a smaller condo
- Investors comfortable underwriting a 1974 building's reserves and assessments
- Buyers who want a slow market where they set the pace and can negotiate
Probably not for
- Buyers needing more than roughly 885 square feet of living space
- Anyone counting on near-term price gains after a 19.5% annual decline
- Buyers who want turnkey, low-maintenance ownership with no association due diligence
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($155K) IS the median in the snapshot above, and the move from 2025 ($192K) IS the -19.5% one-year change.
Windows contain 0 to 26 sales each (13 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.
The Village Lake Condo buying strategy.
If we were buying in Village Lake Condo 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 Village Lake Condo.
A single-vintage condo, priced on condition
With 118 homes all built in 1974 and a median footprint near 885 square feet, Village Lake is a uniform product. That uniformity is useful: it makes comps clean and lets a sharp buyer see exactly what the premium for a renovated unit really is. The $161-per-square-foot median is your anchor; anything meaningfully above it is buying finishes, and anything below is buying a project.
The number that matters most in a building this age isn't on the price tag — it's the association's health. Reserves, recent or pending assessments, and insurance are the swing factors on a 1974 structure, and they can move a deal more than the asking price. Review the financials and any milestone or reserve study before you fall for a floor plan.
The location and the amenities are priced into every listing in Village Lake Condo. 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 Village Lake Condo 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 (3.5). Basis: Recent Direction -19.5% year-over-year; Owner Commitment 52% owner-occupied; Pricing Power 91.2% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a soft, condition-driven market like this one, the edge is in reading the association documents and the comps together — separating a genuinely priced unit from one that's chasing the market down. We'll tell you which listings are realistically priced against that $155,000 median, where the negotiating room actually is, and what the building's financials mean for your carrying cost. When a unit isn't worth it, we'll say so.
Village Lake Condo in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Village Lake Condo 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 Village Lake Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Village Lake Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Village Lake Condo home worth?
Get a no-obligation home value based on real comparable sales in Village Lake Condo, 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 Village Lake Condo on the map →
Frequently Asked Questions
What is the median home price in Village Lake Condo?
How long do homes in Village Lake Condo take to sell?
How many homes are in Village Lake Condo?
What share of Village Lake Condo is owner-occupied?
When were the homes in Village Lake Condo built?
Do cash buyers compete in Village Lake Condo?
Who is the best real estate agent for Village Lake Condo?
How do I find a top St Petersburg real estate agent who knows Village Lake Condo?
Can Momentum Realty connect me with an agent for Village Lake Condo?
Should you buy in Village Lake Condo?
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 July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (22 streets, ZIP 33715/33716/33742)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2005 (151 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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