Washington Terrace market snapshot (as of June 25, 2026): the median sale price is about $238K ($261 per sq ft), with homes averaging 106 days on market and 7.2 months of supply, a buyer-leaning market. Based on 10 recent closings in live Stellar MLS data.
Washington Terrace is an established neighborhood in North St. Petersburg, Pinellas County, in ZIP 33702 (neighborhoods.com, 2026; Stellar MLS listing guides, 2026). It sits in the northern part of the city near Sawgrass Lake Park, the Shoppes at Park Place, and the I-275 and US-19 corridors, with listings clustering around the 28th to 31st Streets North and 62nd to 64th Avenues North area.
One real-estate guide dates the neighborhood name to 1925 (neighborhoods.com, 2026), but the housing you actually find here is mostly later: listing data describes a stock that ranges from roughly the 1940s through recent new construction completed in the 2020s, including mid-century concrete-block homes alongside newer two-story infill (Stellar MLS listing guides, 2026). Treat the 1925 figure as a neighborhood-name origin to confirm, not as the age of the typical home; verify the actual year built per parcel.
Because this is an older, organically built neighborhood rather than a planned subdivision with a single builder, the money is made or lost on the individual home and parcel, not on the address. The drivers are the construction era and type, the roof and systems age, the lot, any past additions, and the parcel-level flood zone, all of which have to be read from the listing, an inspection, and the public record for the exact home.
The pitch is a central North St. Pete location with quick access to I-275 and US-19, Sawgrass Lake Park nearby, and downtown St. Petersburg and the Gulf beaches a manageable drive away, with many listings marketed as no HOA and outside a special flood hazard area. The work is the diligence: confirm the flood zone per parcel, read the roof and systems, and confirm any overlay rules before you buy.
