For a long time now, Tampa has been one of the hottest real estate markets in the country, with some of the best homes on the market. So if you are looking for a superb community in the Tampa Metropolitan area, with all of the charm of a small town and all of the opportunities of a cosmopolitan city like Tampa, Citrus Park may be the perfect city for you.
So here’s a little more information about this Tampa area gem, as well as a look at the real estate market, and a few tips to get a mortgage in Citrus Park, Florida.
Citrus Park, Florida, by The Numbers
Looking closely at the real estate market in Citrus Park, Florida, it’s clear why houses there are so desirable. And it’s clear that there are a wide variety of reasons to make a home purchase in this little city if you get the chance.
Currently, the median home price in Citrus Park is $194,900. The median home price is slightly above the national and state averages, with a home price national median of $187,300 and a Florida state median of $191,300.
Once you look at the growth rates and other real estate metrics for Citrus Park, you’ll see that homes are reasonably priced for the area, and the real estate market is healthy. Over the last 12 months, the median home price in Citrus Park has risen a healthy 5.8%, and the next year’s growth is projected to slow down to 2.5%, as growth is nationally slowing as well.
Incidentally, Citrus Park is a great place to raise a family and enjoy a great quality of life, too.
So, here are a few reasons why the real estate market in Citrus Park, Florida is likely to remain strong in the future.
Living in Citrus Park
Citrus Park, as a near-coastal city in Tampa Bay, has access to some of the most beautiful and interesting beaches you can find anywhere in the world. Coastal access is important in a state known for amazing surf and sunshine, and Citrus Park certainly provides easy access to all of Florida’s legendary ocean charms. In addition to easy beach access, Citrus Park has characteristically warm and pleasant weather, with a very comfortable climate.
Besides access to amazing beaches, Citrus Park and Tampa offer growing job opportunities, with top U.S. companies based in the area, such as Home Shopping Network, Amazon, and Microsoft. As a result, Tampa, St. Petersburg, and Clearwater rank among the top cities in the nation for job growth, adding 38,800 new jobs in January 2016 alone.
There are a variety of recreational options close by for residents in Citrus Park, including professional sporting events and cultural events, world-class hospitals, libraries, schools, fire and police departments, attractions such as Busch Gardens, and The Florida Aquarium.
The quality of life in Tampa overall, is one of the reasons it is one of the best places to live, and included in Money’s Five Best Big Cities to Live list in 2015.
Mortgages in Citrus Park, Florida
If you are thinking of moving to Citrus Park, or any of Tampa Bay’s wonderful communities, you’ll probably need a mortgage to finance your home purchase.
You can’t start working on your mortgage too early, even before you move, because you’ll need to be pre-qualified for a mortgage to start looking for a home with a Realtor.
Then as you look for a home, you’ll work toward being pre-approved for a mortgage.
Once you are pre-approved, we’ll help you finalize the mortgage, usually closing in less than 30 days from placing a contract on a home.
Marimark Mortgage is located in Tampa, Florida, and serves the needs of borrowers in all of Florida, Virginia, and Pennsylvania.
When you are ready to look for a home, please contact us to be pre-qualified and pre-approved. After a short phone call, you can be pre-qualified and shopping for a home, armed with the information you need as a knowledgeable consumer.
Then we will work with you through the entire process, all the way to closing on your new home.