Home prices
The price of the median home in Lake Magdalene is $231,000. Compared to its surrounding areas this is roughly $50,440 (17%) lower.It is about $13,500 (6%) higher compared to the US as a whole, and compared to the city of Tampa is roughly $7,900 (3%) lower.
Rents
The median rent in Lake Magdalene is $1,027 per month. This is roughly $207 (16%) lower in comparison to the surrounding areas.Compared to the US as a whole it is about $35 (3%) lower, and it is approximately $104 (9%) lower compared to the city of Tampa.
Nearby places
Northdale
Northdale is Lake Magdalene's neighbor to the northwest. Its real estate prices are a little more expensive. Northdale's median home cost is $254,300, which is $23,300 (9%) higher than Lake Magdalene. Rent there is a little more expensive. Northdale's median rent is $1,321 a month, which works out to $294 (22%) higher than Lake Magdalene.
Carrollwood
Carrollwood is Lake Magdalene's neighbor to the southwest. Housing prices there are a bit more expensive. The median home in Carrollwood is valued at $246,000, which is $15,000 (6%) higher than Lake Magdalene. Rents there are a bit more expensive. Carrollwood's median monthly rent is $1,184, which comes out to $157 (13%) higher than Lake Magdalene.
Lutz
Lutz is Lake Magdalene's neighbor to the northeast. Real estate prices there are a little more expensive. The median home in Lutz costs $310,500, which works out to $79,500 (25%) higher than Lake Magdalene. Its rents are somewhat more expensive. The median rent in Lutz is $1,274 per month, which works out to $247 (19%) higher than Lake Magdalene.
Citrus Park
Citrus Park is about 4 miles west from Lake Magdalene. Real estate prices there are similar. Citrus Park's median home price is $240,600, which works out to $9,600 (3%) higher than Lake Magdalene. Rents there are a little more expensive. In Citrus Park the median monthly rent is $1,302, which works out to $275 (21%) higher than Lake Magdalene.
Cheval
Cheval is approximately 5 miles northwest of Lake Magdalene. Its housing prices are a lot more expensive. The median home in Cheval is valued at $355,800, which works out to $124,800 (35%) higher than Lake Magdalene. Its rents are somewhat more expensive. In Cheval the median monthly rent is $1,090, which works out to $63 (5%) higher than Lake Magdalene.