April: Cheval experienced a 37.3% increase in median home prices

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The median sale price of a home sold in April in Cheval rose by $156,500 while total sales decreased by 56.3 percent, according to BlockShopper.com.

In April, there were seven homes sold, with a median sale price of $576,000 - a 37.3 percent increase over the $419,500 median sale price for the same period of the previous year. There were 16 homes sold in Cheval in April 2021.

The median sales tax in Cheval for the most recent year with available data, 2018, was $4,278, approximately 0.7 percent of the median home sale price for April.

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

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Keystone3741-9.8$625,000$479,00030.5
Cheval716-56.3$576,000$419,50037.3
Westchase4248-12.5$574,000$386,50048.5
Fish Hawk3544-20.5$525,000$387,50035.5
Wimauma711-36.4$470,000$319,00047.3
Valrico4256-25$432,500$330,00031.1
Bloomingdale2241-46.3$416,250$315,00032.1
Greater Northdale28273.7$410,000$336,50021.8
Apollo Beach4773-35.6$405,000$389,9003.9
Lutz3745-17.8$405,000$374,9008
Boyette167128.6$401,000$275,00045.8

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