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Does Living Near An NFL Stadium Boost Your Home Value?

Does Living Near An NFL Stadium Boost Your Home Value?

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Neighborhoods around National Football League stadiums tend to have homes that are more expensive both in sales and rental value, but new stadiums built in the last decade, by and large, have failed to lift the fortunes of homes in nearby areas.

In other words, owning a home near a stadium is nice, but if they build one down the street, don’t get your hopes up. During the last 10 years, five new pro football stadiums have opened and none, so far, has had a noticeable impact in raising home values in its immediate vicinity (a two mile radius).

Neighborhoods around National Football League stadiums tend to have homes that are more expensive both in sales and rental value, but new stadiums built in the last decade, by and large, have failed to lift the fortunes of homes in nearby areas.

In other words, owning a home near a stadium is nice, but if they build one down the street, don’t get your hopes up. During the last 10 years, five new pro football stadiums have opened and none, so far, has had a noticeable impact in raising home values in its immediate vicinity (a two mile radius).

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