April 12, 2017, 10:51 am
By Elijah Chiland
Baseball season is here and, with interest rates on the rise, perhaps it’s also time for a bit of home shopping. That may well be the idea behind a new report from Estately analyzing home prices around the nation’s 29 Major League Baseball stadiums.
Of those ballparks, Dodger Stadium has the fourth-highest sale prices within two miles of the field (though perhaps the relatively inexpensive ticket prices help to make up for that, if you’re the type of person who bases your homebuying decisions on proximity to live baseball).
According to the report, the median sale price near the stadium is $640,000. That’s just a little less than the $671,083 that homes near Citi Field (home of the New York Mets) command, but well under the prices around Boston’s Fenway Park and San Francisco’s AT&T Park.
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Homes around the latter venue net an impressive $1.197 million, which is more than twice what homes go for around Anaheim’s Angel Stadium (number seven on the list). All three of Southern California’s ballparks wound up in the top ten, with homes near San Diego’s Petco Park fetching $635,000.
Meanwhile, Kansas City Royals fans are lucky enough to have witnessed a recent World Series title while enjoying median home prices of just $100,000 in the area.
But, getting back to Chavez Ravine, what exactly does $640,000 get you around Dodger Stadium? Let’s take a quick look.
↑At $650,000, this live-work type residence is a little over the median sale price in the area, but it does come with a “podcast capable studio,” according to the listing. Featuring one bedroom and one bathroom, the 1,152-square-foot home also has an updated kitchen and a large backyard with gardens, seating areas, and a fire pit.