Wallace
Homes for Sale in St. Petersburg, FL
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 1 closed sale in Wallace Subdivision First Addition in St Petersburg, FL, the most recent in August 2025. Across St Petersburg as a whole, 3,719 homes closed in the last 12 months at a median of $435,000, 44 median days on market, with 1,078 homes for sale today. At that median and Pinellas County's FY2025-26 rate of 19.39 mills, annual property tax runs about $8,430 ($7,620 with the full homestead exemption).
Wallace is a small, established platted subdivision in St Petersburg, and the current MLS picture reflects that scale: there is not a deep, active resale flow to draw firm pricing conclusions from at any given moment. That is normal for a compact, built-out addition rather than a sign of anything wrong with the streets themselves.
For a buyer or seller here, the practical takeaway is that you price and negotiate off individual comparable sales and condition, not off a headline community statistic. Anyone telling you this pocket has a clean, current median or a documented pace of sales is getting ahead of the data — the honest move is a direct comp pull at the time you are ready to transact.
Nearby homes for sale
No active listings inside Wallace Subdivision First Addition right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Wallace is a named, platted residential subdivision in St Petersburg, Pinellas County, small enough that current MLS activity does not support a reliable standalone snapshot of price or pace.
Stellar MLS sales records identify 90 homes in Wallace that have changed hands since 2004, built between 1955 and 1989 (median 1956), with a median living area of about 1,364 sq ft and a typical 2-bedroom, 2-bath layout; 100% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
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.
Who Wallace is best for.
Best for
- Buyers who have already identified a specific address here and want a direct, parcel-level valuation rather than a market average
- Buyers comfortable purchasing in a subdivision without documented shared amenities
- Sellers who want individualized comp analysis instead of a generic community pricing model
Probably not for
- Buyers who need current, published median-price or days-on-market figures before making a decision
- Buyers specifically seeking a community with confirmed shared recreational amenities
- Anyone wanting a fast, high-volume resale market with abundant recent comparable listings
The market around Wallace
Wallace is too small for its own price trend, so here is the market around it.
In ZIP 33713, 184 homes are on the market and 33% are under contract — a fast-moving corner of St Petersburg.
Across Pinellas County, 6,628 homes are active and 1,729 pending (21% under contract).
In ZIP 33713 (St Petersburg), 461 homes closed in the last 12 months at a median of $385K ($324/sq ft), down 1.9% year over year, with a median 36 days on market. Right now 59 active and 19 pending listings put supply at about 3.5 months — a balanced market. See the live ZIP 33713 housing market and the Pinellas County market.
ZIP and county figures describe the wider market, not Wallace specifically. Momentum Research analysis of MLS records.
The Wallace buying strategy.
If we were buying in Wallace 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 Wallace.
A subdivision without a current data trail
Some St Petersburg additions carry decades of turnover and a steady drumbeat of comparable sales; others, like this one as of the current snapshot, simply do not have enough recent MLS activity to generate a defensible median price, days-on-market figure, or amenity list. That is not a red flag on the neighborhood — it is a reminder that not every platted subdivision behaves like a high-volume subdivision with an HOA newsletter and a stream of listings.
No community amenities are identified from current MLS listings, which typically means this is a straightforward residential platting rather than a planned community with shared recreational infrastructure. Buyers should not assume a pool, clubhouse, or similar shared amenity exists here — and should confirm directly, parcel by parcel, rather than relying on assumptions carried over from larger subdivisions nearby.
The location and the amenities are priced into every listing in Wallace. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a subdivision this thin on current MLS data, the value we add is not a canned market report — it is pulling actual recent comparable sales at the parcel level, checking condition and lot specifics directly, and being straight with you about what we do and do not know before you commit to a number.
Wallace in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 Wallace 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 Wallace sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Wallace, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Wallace home worth?
Get a no-obligation home value based on real comparable sales in Wallace, 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 Wallace on the map →
Should you buy in Wallace?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: September 13, 2026) |
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2025 (1 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 local comps.
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See how Wallace Subdivision First Addition fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Wallace
Where is Wallace?
Wallace is a community in St Petersburg, Pinellas County, Florida, ZIP 33713.
Are there homes for sale in Wallace right now?
No active listings inside Wallace at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Wallace have an HOA or CDD?
No HOA is on record for Wallace in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
Nearby Communities
Explore more neighborhoods near Wallace with Momentum Realty’s local guides.
Wallace Subdivision First Addition Market Scorecard
Wallace Subdivision First Addition is currently a no active listings market. Limited supply, a median asking price of n/a.
Typical home value in the 33713 ZIP is $364,388, about 4.8% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.