Gulfport home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Gulfport rose by $55,500 while total sales decreased by 78.6%, according to BlockShopper.com.

From July through September of 2020, there were 22 homes sold, with a median sale price of $270,500 - a 25.8% increase over the $215,000 median sale price for the same period of the previous year. There were 103 homes sold in Gulfport in the third quarter of 2019.

The median sales tax in Gulfport for the most recent year with available data, 2019, was $1,890, approximately 0.7% of the median home sale price for the third quarter of 2020.

The following table compares Gulfport to other Pinellas County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Safety Harbor20101-80.2%$356,000$299,00019.1%
Oldsmar31103-69.9%$334,000$268,00024.6%
Indian Shores844-81.8%$328,250$432,500-24.1%
Madeira Beach1333-60.6%$316,000$462,000-31.6%
Tarpon Springs52249-79.1%$284,750$245,00016.2%
Gulfport22103-78.6%$270,500$215,00025.8%
Seminole70417-83.2%$260,000$227,00014.5%
Largo62422-85.3%$247,600$215,00015.2%
Belleair Bluffs220-90%$247,000$325,000-24%
Clearwater1911,025-81.4%$240,000$200,00020%
Dunedin49245-80%$240,000$250,000-4%

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