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East Hillsborough News

Saturday, November 23, 2024

Brandon median home prices rose by 25.5% in May

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The median sale price of a home sold in May in Brandon rose by $67,250 while total sales decreased by 4.8 percent, according to BlockShopper.com.

In May, there were 179 homes sold, with a median sale price of $331,000 - a 25.5 percent increase over the $263,750 median sale price for the same period of the previous year. There were 188 homes sold in Brandon in May 2021.

The median sales tax in Brandon for the most recent year with available data, 2018, was $1,810, approximately 0.5 percent of the median home sale price for May.

The following table compares Brandon to other Hillsborough County cities with similar median sale prices in May:

CityMay 2022 Home SalesMay 2021 Home Sales% change (Total Home Sales)May 2022 Median Sales PriceMay 2021 Median Sales Price% change (Median Sales Price)
Temple Terrace2122-4.5$365,000$153,500137.8
Plant City6370-10$352,500$231,00052.6
Town 'n' Country96122-21.3$350,000$276,50026.6
Riverview98130-24.6$348,500$259,50034.3
Mango161233.3$332,500$209,50058.7
Brandon179188-4.8$331,000$263,75025.5
Palm River-Clair Mel3314135.7$320,000$218,00046.8
Lake Magdalene1318-27.8$305,000$324,750-6.1
Egypt Lake-Leto37362.8$281,000$207,50035.4
Progress Village141040$280,750$213,50031.5
Greater Sun Center88101-12.9$272,500$196,00039

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