Home prices
Tavares's median home value is $144,900. It is approximately $53,400 (26%) lower compared to its nearby areas.In comparison to the country as a whole it is roughly $72,600 (33%) lower, and is about $94,000 (39%) lower in comparison to the city of Tampa.
Rents
The median monthly rent in Tavares is $1,018. It is roughly $141 (16%) higher in comparison to its nearby areas.Compared to the entire nation it is about $44 (4%) lower, and is approximately $113 (9%) lower in comparison to the city of Tampa.
Nearby places
Eustis
Eustis is Tavares's neighbor to the northeast. Its housing prices are somewhat more expensive. The median home in Eustis costs $162,000, which comes out to $17,100 (10%) higher than Tavares. Rents there are a bit less expensive. In Eustis the median monthly rent is $845, which works out to $173 (20%) lower than Tavares.
Silver Lake
Silver Lake is roughly 5 miles northwest from Tavares. Its real estate prices are a little more expensive. The value of the median home in Silver Lake is $206,000, which is $61,100 (29%) higher than Tavares. The rent there is somewhat less expensive. In Silver Lake the median rent is $779 a month, which is $239 (30%) lower than Tavares.
Mount Dora
Mount Dora is roughly 5 miles east from Tavares. Housing prices there are significantly more expensive. The median home price in Mount Dora is $244,100, which comes out to $99,200 (40%) higher than Tavares. Rents there are fairly similar. The median rent in Mount Dora is $1,060 per month, which comes out to $42 (3%) higher than Tavares.
Tangerine
Tangerine is roughly 6 miles southeast from Tavares. Its real estate prices are substantially more expensive. The value of the median home in Tangerine is $264,900, which works out to $120,000 (45%) higher than Tavares. Rents there are a little less expensive. In Tangerine the median rent is $798 a month, which comes out to $220 (27%) lower than Tavares.
Astatula
Astatula is approximately 6 miles south of Tavares. Its real estate prices are a bit less expensive. The cost of the median home in Astatula is $114,500, which is $30,400 (26%) lower than Tavares. Rents there are somewhat less expensive. The median rent in Astatula is $903 per month, which works out to $115 (12%) lower than Tavares.