Real Estate » 10 Cities » Median Home Price Buys In Tampa
Within the city limits of Tampa, Fla., $138,000 will buy a three-bedroom, two-bath home that could range in age from postwar to something built in the 1980s or 1990s, says Sally Irwin McFolling, president of the Greater Tampa Association of Realtors.
A one- or two-bedroom condo of the same vintage is an option at the median price, she says.
Listed by: Signature Realty Associates.
In the suburbs, homes and yards get a little bigger. Buyers can get an extra 100 square feet or so in a development or planned community, McFolling says. And lots are typically one-tenth to one-quarter of an acre.
In Clearwater and St. Petersburg, Fla., buyers are likely to find "more condos and very little new development," she says. For $138,000, "you're getting an older house, probably 20 years -- if not more."
The good news for median-price buyers is that they can still get more for the money than they could have a few years ago, she says. And potential owners can find "a livable home" in that $138,000 range, McFolling says. "You have some selection."
*Source: National Association of Realtors, fall 2011.
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