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West Hillsborough News

Saturday, November 23, 2024

Rising home prices in University (Hillsborough County) in Q2

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The median sale price of a home sold in the second quarter of 2022 in University in Hillsborough County rose by $27,500 while total sales increased by 34.4 percent, according to BlockShopper.com.

From April through June, there were 43 homes sold, with a median sale price of $140,000 - a 24.4 percent increase over the $112,500 median sale price for the same period of the previous year. There were 32 homes sold in University in the second quarter of 2021.

The median sales tax in University for the most recent year with available data, 2018, was $848, approximately 0.6 percent of the median home sale price for the second quarter of 2022.

The following table compares University to other Hillsborough County cities with similar median sale prices in the second quarter of 2022:

CityApril - June 2022 Home SalesApril - June 2021 Home Sales% change (Total Home Sales)April - June 2022 Median Sales PriceApril - June 2021 Median Sales Price% change (Median Sales Price)
Plant City175211-17.1$320,000$250,00028
Temple Terrace6474-13.5$314,250$212,55047.8
Mango342917.2$311,500$199,00056.5
Palm River-Clair Mel887320.5$302,500$215,00040.7
Egypt Lake-Leto1261214.1$300,000$230,00030.4
Greater Sun Center271289-6.2$289,900$206,00040.7
Progress Village504511.1$277,500$217,00027.9
Lake Magdalene3442-19$269,350$260,0003.6
East Lake-Orient Park2736-25$235,000$187,50025.3
Thonotosassa1523-34.8$180,000$275,000-34.5
University433234.4$140,000$112,50024.4
* This story only considers sales data for the part of University that is in Hillsborough County.

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