Neighborhood · St Petersburg, Florida
Crescent Lake
Historic homes around a lake near downtown
3
Homes for sale
$1,299,000
Median list price
$563
Avg price / sqft
48
Median days on market
Crescent Lake wraps around a spring-fed lake just north of downtown St Petersburg, and the neighborhood's character shows in its early-20th-century bungalows and Mediterranean-revival homes on tree-lined streets. It's a walkable, established pocket where you can circle the lake in the morning and reach downtown restaurants and the waterfront in minutes. Families are drawn to the assigned St. Petersburg High School, and the location keeps you close to the wider St Petersburg housing market without the newer-build sprawl.
For buyers, this is a low-inventory, high-demand corner of the city. There are just 3 active listings right now with a median list price of $1,299,000, so competition is real and well-priced homes move — the median sale over the past year closed at $974,500 with sellers collecting about 96% of asking. If Crescent Lake proves too tight, nearby Shore Acres and Greater Pinellas Point offer more options at different price points, while Bayway Isles leans into the upper end.
Crescent Lake is a community in St Petersburg, Florida.
Quick facts
$910,000 – $2.4M price range
2,550 sqft median home
$450/mo median HOA
$1,750/mo median rent
16 sold in 12 months
Drive times
On the market now
Homes for sale in Crescent Lake
$910,000$940,000
857 21ST AVENUE N, ST PETERSBURG
4 bd · 2 ba · 1,929 sqft
$1,299,000
1867 5TH STREET N, ST PETERSBURG
3 bd · 3.5 ba · 2,550 sqft
$2,400,000$2,425,000
770 21ST AVENUE N, ST PETERSBURG
4 bd · 5 ba · 3,388 sqft
Every active listing inside the Crescent Lake boundary
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Browse Crescent Lake
By feature — on the live map
Where the market lives
The numbers that matter
The Crescent Lake market
16
Sold, last 12 months
$974,500
Median sold price
96%
Sale-to-list ratio
What sellers actually get vs asking
8 days
Median time to sell
Crescent Lake vs St Petersburg
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 10.5% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Crescent Lake boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Crescent Lake is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Crescent Lake home
≈ $8,628/mo
$1,299,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$450/mo
Median HOA
From current listings inside the boundary
$1,750/mo
Median rent
Homes for rent inside the boundary
Population
989
Median age
48
Median income
$120,347
Median home value
$592,427
Beyond the listings
Living in Crescent Lake
Active
Top 3% in the U.S.Yoga Advocates
Improving flexibility, strength, and overall well-being is the yogi's aim. This population is looking for the right community, instruction, and accessories.
Food & Drink
Top 7% in the U.S.Trendy Eats
Meals are a social experience, and these foodies take it to the next level. This population can't wait to snap a pic of their plate and share it before chowing down.
Appearance oriented
Top 7% in the U.S.Body Art
Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.
Food & Drink
Top 9% in the U.S.Asian Food & Culture
Asian culture has a lot to offer, but the Asian cuisine tends to be the most frequently referenced. This population is talking about Asian dishes, holidays, and drinks.
Food & Drink
Top 10% in the U.S.Coffee Connoisseur
Morning java. Cup of Joe. Caffeine in an IV. Whatever they call it, this population loves coffee and the culture around it.
Hobbies & Interests
Top 10% in the U.S.Animal Advocates
Passionate about animal welfare, this population wants to know how best to care for their own pets (with toys and training) and help other animals find their fur-ever home.
People who close here
Our St Petersburg experts
Straight answers
Crescent Lake FAQs
Is Crescent Lake a good place to live?+
It's one of St Petersburg's most established residential neighborhoods, built around a walkable lake and just minutes from downtown. You get historic homes, a real sense of community, and quick access to Tampa — TPA is about 29 minutes and downtown Tampa roughly 30. Families also value the assigned St. Petersburg High School.
Is Crescent Lake expensive?+
Yes, it sits at the higher end of St Petersburg. The median list price is $1,299,000 and active listings range from $910,000 to $2,400,000, with two of the three current homes priced above $1M. Buyers wanting more range often look at Greater Pinellas Point for comparable neighborhoods at lower entry points.
What do homes cost in Crescent Lake?+
Homes average about $563 per square foot on a median size of roughly 2,550 sqft. Over the past 12 months, 16 homes sold at a median price of $974,500, while current asking prices run higher with a median list of $1,299,000. The gap reflects the mix and pricing of what's on the market right now.
How is the market in Crescent Lake?+
It's tight and competitive, with only 3 active listings and 16 sales in the past year. Homes take a median of 48 days to sell, and sellers are averaging about 96% of their asking price. Well-priced, updated homes tend to move quickest given the limited supply.
What about HOA fees and property taxes?+
The median HOA here runs about $450/month, though fees vary by property since much of the neighborhood is made up of individual historic homes. Property taxes have a median of $13,493 per year, in line with the neighborhood's higher price points. Always confirm the exact figures on any specific listing before you offer.
Keep exploring
More St Petersburg neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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