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St. Petersburg Estate Market Overview

$1,123,000

Median Sale Price

$511

Median Sale Price Per Sq. Ft.

41

Homes Sold

51

Median Days on Market

91.8%

Sale-to-List Price

6.3%

Homes Sold Above List Price

Historic Old Northeast, St. Petersburg Housing Market Overview

As of mid-2025, the Historic Old Northeast housing market in St. Petersburg is strong and consistently active, with median home prices averaging around $690,000. The neighborhood’s timeless charm, brick-lined streets, and proximity to downtown St. Pete continue to attract buyers seeking a blend of history and convenience. Homes typically spend about 32 days on the market, offering buyers time to compare options while keeping competition steady. For sellers, well-preserved historic homes and stylishly updated properties often draw significant interest from buyers who value both character and location.

Market Competitiveness in Historic Old Northeast

Historic Old Northeast remains one of St. Petersburg’s most desirable neighborhoods. Properties featuring original details, thoughtful renovations, or close proximity to the waterfront often receive multiple offers. On average, homes sell close to list price, with highly sought-after listings going under contract in under two weeks. Buyers benefit from increased inventory compared to past years, while sellers who highlight architectural charm and walkability are positioned for success.

Local Real Estate Trends & Insights

Current trends in Historic Old Northeast show strong demand for classic bungalows, Mediterranean Revival homes, and updated residences that blend vintage appeal with modern amenities. The neighborhood’s walkability, tree-lined streets, and close-knit community atmosphere make it appealing to professionals, families, and retirees alike. With its combination of lifestyle and investment value, Old Northeast continues to be one of St. Petersburg’s most dynamic real estate markets.

Why Live in Historic Old Northeast?

Living in Old Northeast means enjoying one of St. Petersburg’s most charming and historic communities just steps from downtown. Residents love the neighborhood’s character-filled homes, friendly vibe, and easy access to cultural attractions, waterfront parks, and dining along Beach Drive. Its prime location offers a perfect balance of small-town community spirit and big-city amenities, making it a top choice for those who value both lifestyle and convenience.

Things to Do & Local Favorites

Historic Old Northeast is known for its rich culture and community spirit. Popular attractions include North Shore Park, the historic Vinoy Park Hotel, and the vibrant St. Pete Pier. Residents enjoy dining at neighborhood favorites like The Birchwood and visiting weekend markets filled with local artisans and produce. With art galleries, coffee shops, and boutique shopping nearby, Old Northeast offers endless opportunities for both locals and visitors to enjoy year-round.

Types of Homes for Sale in Historic Old Northeast

Homes in Old Northeast showcase St. Petersburg’s architectural diversity. Buyers will find 1920s Craftsman bungalows, Mediterranean Revival homes, elegant Tudor-style residences, and renovated properties with modern interiors. Newer infill projects and townhomes also provide options for those seeking updated designs. This blend of historic and contemporary housing appeals to a wide range of buyers with varying budgets and lifestyles.

Your Trusted Realtors in Historic Old Northeast: The Lewkowicz Group

Navigating the Old Northeast real estate market requires local expertise, and The Lewkowicz Group delivers exactly that. With over 47 years of combined experience and recognition among the top 1% of Realtors in Florida, they bring unmatched market knowledge, proven negotiation skills, and a client-first approach. Whether you’re buying your first bungalow or selling a historic estate, The Lewkowicz Group ensures you achieve the best results with confidence.

What is the real estate market like in St. Petersburg, Florida right now?

As of mid-2025, St. Petersburg’s real estate market offers a mix of opportunities for both buyers and sellers. Certain neighborhoods are seeing competitive offers, especially for updated homes in prime locations, while others have more inventory, giving buyers additional negotiating power. Overall, St. Petersburg remains a highly desirable market due to its strong economy, lifestyle amenities, and continued population growth.

 

As of mid-2025, St. Petersburg’s real estate market offers a mix of opportunities for both buyers and sellers. Certain neighborhoods are seeing competitive offers, especially for updated homes in prime locations, while others have more inventory, giving buyers additional negotiating power. Overall, St. Petersburg remains a highly desirable market due to its strong economy, lifestyle amenities, and continued population growth.

Some of the most sought-after neighborhoods in St. Petersburg include Davis Islands, Hyde Park, Seminole Heights, Westchase, and Channelside. Each area offers its own unique character, from historic charm and waterfront living to vibrant urban settings with dining, shopping, and entertainment nearby.

 

As of mid-2025, the median home price in St. Petersburg is about $357,000, with Downtown condos and luxury waterfront properties often exceeding $875,000. Prices vary by neighborhood, property size, and proximity to the water, making St. Pete appealing to both first-time buyers and luxury investors.

 

 

Yes! St. Petersburg is just across the bay from Tampa, connected by I-275, the Gandy Bridge, and the Courtney Campbell Causeway. This makes it easy for residents to enjoy Tampa’s job market, professional sports, and cultural attractions while still living in a relaxed coastal community.

 

With over 45 years of combined experience and a reputation as one of Tampa Bay’s top 1% real estate teams, The Lewkowicz Group offers unmatched local expertise. Their proven success across Tampa’s neighborhoods translates seamlessly to St. Pete’s market, helping buyers secure the perfect home and sellers achieve maximum value.

Looking to Buy a Property in St. Petersburg, Florida?

Whether you’re dreaming of a charming historic bungalow in Old Northeast, a modern waterfront condo with sweeping bay views, or a spacious single-family home in one of St. Pete’s growing neighbourhoods, our expert St. Petersburg real estate team is here to help. With deep knowledge of the St. Petersburg housing market and surrounding Tampa Bay communities, we’ll guide you through every step of your home-buying journey with confidence, insight, and a commitment to helping you find the perfect property.

  

Other Properties in St. Petersburg Tampa & nearby areas

Welcome to St. Petersburg, Florida

St. Petersburg is one of Florida’s most exciting and desirable coastal cities, celebrated for its sun-soaked waterfront, thriving arts scene, and diverse neighborhoods. Nestled on the edge of Tampa Bay, this vibrant community blends historic charm with modern development, offering a perfect balance of relaxed beach-town living and big-city energy. With world-famous beaches, bustling downtown streets, and a lively cultural scene, St. Pete has become a favorite destination for families, professionals, and retirees seeking a high-quality lifestyle.

What to Love

Historic districts with charming Craftsman and Mediterranean-style homes
Award-winning beaches and scenic waterfront parks
Bustling downtown filled with shops, dining, and nightlife
A nationally recognized arts and culture community
Year-round outdoor events, festivals, and markets

St. Petersburg History

Founded in the late 19th century, St. Petersburg began as a small Gulf Coast fishing community and grew into a thriving destination known for its sunny weather and resort-style living. The city boasts a rich history reflected in its beautifully preserved neighborhoods, historic landmarks, and vibrant downtown architecture. Over the years, St. Pete has evolved into a modern cultural hub while retaining its old Florida character and charm, making it one of the most unique cities in the Tampa Bay area.

Local Culture

Life in St. Petersburg offers a dynamic mix of laid-back coastal living and urban sophistication. Residents enjoy waterfront parks, world-class museums, art galleries, and a booming culinary scene featuring locally owned restaurants and breweries. The city’s walkable downtown, thriving music venues, and creative energy attract both locals and visitors, creating a community that celebrates diversity, culture, and an active outdoor lifestyle.

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St. Petersburg, Florida Neighbourhood Guide

Discover the best of St. Petersburg, Florida, a vibrant coastal city known for its waterfront living, historic neighbourhoods, thriving arts scene, and world-class beaches. Explore detailed insights on local schools, parks, dining, cultural attractions, and top neighbourhoods like Downtown St. Pete, Old Northeast, and Snell Isle. Whether you’re searching for a luxury waterfront condo, a historic bungalow, or a family-friendly community, our St. Petersburg guide offers everything you need to start your home search with confidence.

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WORK WITH Joe and Emeri Lewkowicz

With over 40 years of experience, Joe is one of the best real estate agents in Davis Island, Florida. He has sold thousands of homes and is known for delivering results with expertise, dedication, and a client-first approach. Whether you're buying, selling, or investing, Joe is the realtor in Davis Island who can get it done.