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North Pinellas News

Tuesday, September 24, 2024

Oldsmar home prices rise in May 2020

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The median sale price of a home sold in May 2020 in Oldsmar rose by $10,000 while total sales decreased by 75.7%, according to BlockShopper.com.

In May 2020, there were nine homes sold, with a median sale price of $280,000 - a 3.7% increase over the $270,000 median sale price for the same period of the previous year. There were 37 homes sold in Oldsmar in May 2019.

The median sales tax in Oldsmar for the most recent year with available data, 2016, was $3,280, approximately 1.2% of the median home sale price for May 2020.

The following table compares Oldsmar to other Pinellas County cities with similar median sales prices in May 2020:

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Redington Beach14-75%$562,500$407,00038.2%
Gulfport633-81.8%$450,000$225,000100%
Palm Harbor326-88.5%$435,000$343,25026.7%
Indian Rocks Beach110-90%$405,000$470,000-13.8%
Madeira Beach19-88.9%$345,000$275,00025.5%
Oldsmar937-75.7%$280,000$270,0003.7%
St Petersburg67534-87.5%$271,000$199,45035.9%
Dunedin577-93.5%$258,500$257,7000.3%
Kenneth City17-85.7%$225,000$250,000-10%
Belleair15-80%$222,000$278,000-20.1%
South Pasadena310-70%$215,000$227,250-5.4%

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