Is it a good time to buy a house in Lakewood Terrace?
Lakewood Terrace, St Petersburg, FL. A straight answer from licensed MLS data: what buyers actually paid in the last 6 months, how fast, at what share of asking — and how much is for sale today. Updated October 27, 2026.
Single-family homes · Lakewood Terrace
QUIET POCKET
Over the last 6 months in Lakewood Terrace (St Petersburg), buyers paid a median 83% of the original asking price and 100% of sellers cut price before finding their buyer; at most one is on the market today and 2 are already under contract. Few closings to benchmark against — the specific home's condition and time on market decide your leverage.
≤1for sale now
2under contract
1sold · 6 mo
—months of inventory
75days to contract
$203,000median sold
$156per sq ft
85%of asking
83%of original ask
0% closed at or above the final list price · 100% cut price before selling · 0% went under contract within 14 days · median 83% of the original asking price
Questions buyers in Lakewood Terrace ask
Is now a good time to buy a house in Lakewood Terrace?
Over the last 6 months in Lakewood Terrace (St Petersburg), buyers paid a median 83% of the original asking price and 100% of sellers cut price before finding their buyer; at most one is on the market today and 2 are already under contract. Few closings to benchmark against — the specific home's condition and time on market decide your leverage.
How much under asking are buyers paying in Lakewood Terrace?
The median closed sale went for 83% of the original asking price (85% of the final list price after 100% of sellers cut); 0% still sold at or above the final list.
How much competition will I face in Lakewood Terrace?
The median house went under contract in 75 days and 0% were gone within two weeks.
What do houses cost in Lakewood Terrace?
The median closed price over the last 6 months was $203,000 (about 156 per square foot), across 1 sale.
How many houses are for sale in Lakewood Terrace right now?
As of October 27, 2026, at most one is for sale today and 2 are under contract.
What should I offer on a home in Lakewood Terrace?
That depends on the specific home — its condition, market time, and the closings around it. Ari Abdi pulls those numbers before you write the offer; send your details above.
Before you offer, I'll pull the actual closings around the home you're watching — what comparable buyers really paid, how long it sat, and how much leverage you have. No obligation, no pressure.