Neighborhood · St Petersburg, Florida
Colonial Place
A Walkable Corner of St Pete With Room to Grow
1
Homes for sale
$995,000
Median list price
$494
Avg price / sqft
10
Median days on market
Colonial Place is one of those close-in St Petersburg neighborhoods that rewards buyers who like character over cookie-cutter — a compact community where you're minutes from the energy of downtown but still on a quiet street. It sits comfortably among established St Pete pockets like Shore Acres and Greater Pinellas Point, giving you a real sense of place without the sprawl.
The market here is tight and fast-moving: right now there's a single active listing, priced at $995,000, so inventory is the story to watch. Over the last year, 10 homes changed hands at a median sold price of $530,000, with sellers collecting about 95% of asking and deals closing in a median of 10 days. If you're comparing options, it's worth scanning the broader St Petersburg homes for sale alongside neighbors like Disston Heights to understand where Colonial Place lands on price.
Colonial Place is a community in St Petersburg, Florida.
Quick facts
$995,000 – $995K price range
2,013 sqft median home
$1,350/mo median rent
10 sold in 12 months
On the market now
Homes for sale in Colonial Place
Every active listing inside the Colonial Place boundary
Open full map search →The numbers that matter
The Colonial Place market
10
Sold, last 12 months
$530,000
Median sold price
95%
Sale-to-list ratio
What sellers actually get vs asking
14 days
Median time to sell
Colonial Place vs St Petersburg
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 36.1% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Colonial Place boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Colonial Place is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Colonial Place home
≈ $5,899/mo
$995,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$1,350/mo
Median rent
Homes for rent inside the boundary
Population
216
Median age
54
Median income
$42,768
Median home value
$305,000
Beyond the listings
Living in Colonial Place
Culture
Top 1% in the U.S.Artistic Appreciation
Galleries, city murals, and skillful latte art gets this population excited. They're always on the lookout for creative expression.
Entertainment
Top 1% in the U.S.Live & Local Music
This population follows the music. From local bands to current acts at the local venue, you can find these people researching band tours and how to get backstage passes.
Food & Drink
Top 1% in the U.S.Hops & Brews
Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.
Active
Top 2% 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.
Lifestyles
Top 2% in the U.S.Hipster
This population swims against the tide of mainstream culture. Common interests include old music, antiques, and alternative diets (i.e., veganism).
Food & Drink
Top 3% in the U.S.Whiskey Business
Characterized by their appreciation for all things whiskey, this population enjoys the classy atmosphere of whiskey drinking and learning about different brands.
People who close here
Our St Petersburg experts
Straight answers
Colonial Place FAQs
Is Colonial Place a good place to live?+
It's a well-located St Pete neighborhood that puts you close to downtown while keeping a quieter residential character. Families will note it's assigned to Woodlawn Elementary, John Hopkins Middle, and Gibbs High School. It sits among established communities like Shore Acres, giving you familiar St Pete neighbors nearby.
Is Colonial Place expensive?+
It spans a meaningful range: the median sold price over the past year was $530,000, while the current active listing is priced at $995,000. At roughly $494 per square foot, it's in line with desirable close-in St Petersburg pockets, though your final number depends heavily on the specific home.
What do homes cost in Colonial Place?+
Recent closings landed at a $530,000 median, and the one home on the market today is listed at $995,000. Median home size runs about 2,013 square feet, so expect to pay around $494 per square foot depending on condition and updates.
How is the market in Colonial Place right now?+
It's tight and competitive — just one active listing at the moment, with 10 homes sold over the past 12 months. Those sales moved in a median of 10 days and sellers averaged 95% of asking, so well-priced homes don't sit long. Comparing against the wider St Petersburg homes for sale can help you gauge value.
What about HOA fees and property taxes?+
There's no meaningful HOA data reported for Colonial Place, which is typical for an older, non-association St Pete neighborhood. Property taxes run around $5,367 per year at the median, and for reference, median rent in the area is about $1,350 per month.
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.
Never miss a listing
New Colonial Place homes, in your inbox
A daily digest of new St Petersburg listings — straight from the MLS. Unsubscribe anytime.