8 hours on Rocket
$2,755 Closing Credit¹
#TB8361705, Elise Natoli, Listing Office: CHARLES RUTENBERG REALTY INC
Terrace Park & Five Towns Housing Market Report February 2025•Pinellas County, Florida
Housing Prices in Terrace Park & Five Towns, FL
How much do homes in Terrace Park & Five Towns, FL cost?
Housing Market Conditions
Is Terrace Park & Five Towns, FL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Terrace Park & Five Towns is a Buyer's Market
Difference Since February 2024
At the same time last year, Terrace Park & Five Towns was a Seller's Market.
Insight
Terrace Park & Five Towns is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$175,000$164/SqFt
-$16,500
-8.6%
Based on all homes sold in the last 12 months
Insight
Homes in Terrace Park & Five Towns have sold for 8.6% less than they did a year ago.
Summary: The median home sold price in Terrace Park & Five Towns was $175,000 in February 2025, down 8.6% from last year, and the median price per square foot was $164.
Median Sold Price By Neighborhoods
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Parkside Villas | $345K | $387.5K | +12.3% |
| Terrace Park & Five Towns | $191.5K | $175K | -8.6% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $137K | $123.9K | -9.6% |
| 22 Bedrooms | $220K | $198.2K | -9.9% |
| 33 Bedrooms | $357.2K | $447.5K | +25.3% |
| 44 Bedrooms | $496.5K | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Terrace Park & Five Towns housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -9.6%. The home price for 2 bedroom homes decreased by -9.9%. The home price for 3 bedroom homes increased by +25.3%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
How does Terrace Park & Five Towns, FL compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Terrace Park & Five Towns, FL
Housing supply in Terrace Park & Five Towns, FL
How many homes are available in Terrace Park & Five Towns, FL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 92Last MonthFeb 2025 | ||
| 802 months agoJan 2025 | +15.0 % Change MoMJan – Feb |
Summary: The Terrace Park & Five Towns real estate market had 92 homes for sale in Feb 2025, a 15.0 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthFeb 2025 | ||
| 72 months agoJan 2025 | -28.6 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 12 | 16 | +33.3% |
| 22 Bedrooms | 62 | 69 | +11.3% |
| 33 Bedrooms | 6 | 7 | +16.7% |
| 44 Bedrooms | 0 | 0 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Terrace Park & Five Towns housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +33.3%. The inventory for 2 bedroom homes increased by +11.3%. The inventory for 3 bedroom homes increased by +16.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Terrace Park & Five Towns, FL cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price5 Homes
Insight
If you're buying a home in Terrace Park & Five Towns, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Terrace Park & Five Towns in February 2025, down by 28.6% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Terrace Park & Five Towns, FL
How long does it take to sell a home in Terrace Park & Five Towns, FL?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days1 Home
Over 90 Days3 Homes
Insight
Most homes in Terrace Park & Five Towns are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 5 homes were sold in Terrace Park & Five Towns; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 92 DaysThis YearFeb 2025 | ||
| 53 Days1 year agoFeb 2024 | +74.1 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Terrace Park & Five Towns had an average listing age of 92 days in Feb 2025, up by 74.1% compared to the previous year.
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Newest Listings in Terrace Park & Five Towns, FL
What homes are available in Terrace Park & Five Towns, FL?
18 hours on RocketVideo tour
$1,959 Closing Credit¹
#TB8360952, Yoko Bagus, Listing Office: CHARLES RUTENBERG REALTY INC
2 days on RocketVideo tour
$2,126 Closing Credit¹
#O6286094, Millie Soto, Listing Office: COLDWELL BANKER REALTY
3 days on Rocket
$4,382 Closing Credit¹
#TB8352304, Bernie Lutz, Listing Office: FUTURE HOME REALTY INC
6 days on RocketVideo tour
$2,849 Closing Credit¹
#S5122223, Zack Zonker, Listing Office: CENTURY 21 EDGE
6 days on RocketVideo tour
$6,638 Closing Credit¹
#TB8358831, Khrystyna Hechlacz, Listing Office: BHHS FLORIDA PROPERTIES GROUP
6 days on RocketVideo tour
$1,294 Closing Credit¹
#TB8358994, Bruce Harris, Listing Office: HARRIS REAL ESTATE AND INVESTMENTS
Video tour
$1,543 Closing Credit¹
#TB8356846, Kathleen Hewitt, Listing Office: RE/MAX ACTION FIRST OF FLORIDA
Video tour
$1,864 Closing Credit¹
#TB8349861, John Suleiman, Listing Office: ENGEL & VOLKERS ST. PETE
Video tour
$1,496 Closing Credit¹
#TB8356650, JW Turner, Listing Office: FIVE TOWNS ACTION REALTY
Video tour
$855 Closing Credit¹
#A4642714, Robin Dampier, Listing Office: ROBIN DAMPIER REALTY LLC
Video tour
$2,374 Closing Credit¹
#TB8349545, Bunni Longwell, Listing Office: KELLER WILLIAMS ST PETE REALTY
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MLS Disclaimers and Copyright
Based on information from Stellar MLS, and Florida Gulf Coast MLS for the period 03/01/2023 - 03/01/2025
Listings courtesy of Stellar MLS as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 11:49:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.