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West Hillsborough News

Saturday, November 23, 2024

How did home prices perform in East Lake-Orient Park during the first half of 2022?

Re 7

The median sale price of a home sold in the first half of 2022 in East Lake-Orient Park rose by $55,000 while total sales increased by 25.5 percent, according to BlockShopper.com.

From January through June, there were 69 homes sold, with a median sale price of $235,000 - a 30.6 percent increase over the $180,000 median sale price for the same period of the previous year. There were 55 homes sold in East Lake-Orient Park in the first half of 2021.

The median sales tax in East Lake-Orient Park for the most recent year with available data, 2018, was $892, approximately 0.4 percent of the median home sale price for the first half of 2022.

The following table compares East Lake-Orient Park to other Hillsborough County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Thonotosassa41387.9$330,000$285,00015.8
Temple Terrace1391297.8$320,000$215,00048.8
Lake Magdalene8392-9.8$311,000$241,50028.8
Plant City3623435.5$310,000$260,00019.2
Palm River-Clair Mel16913129$275,900$210,00031.4
Greater Sun Center5055040.2$270,000$206,82530.5
Egypt Lake-Leto25419530.3$270,000$230,00017.4
Mango674839.6$268,000$205,00030.7
Progress Village86816.2$255,550$209,99021.7
East Lake-Orient Park695525.5$235,000$180,00030.6
University845942.4$140,000$108,00029.6

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