November 1, 2006
Ranking the College Football Housing Markets
The good folks at Coldwell Banker have compiled the list of the most & least affordable college football housing markets. Topping the list? Tulsa, Oklahoma - home to the University of Tulsa Golden Hurricanes - with an average home price of $148,575. Rounding out the list? Palo Alto, California - home to the Stanford Cardinal - with an average of roughly eleven Tulsa houses ($1,652,042).
The study looks at "single-family dwelling in a middle-management community measuring approximately 2,200 square feet with four bedrooms, two and one-half baths, a family room (or equivalent) and two-car garage(2)."
The top 10 most affordable college markets for home prices in 2006 are:
Rank School Town, State 2006 Avg. Price
1 Tulsa Tulsa, Okla. $148,575
2 Southern Miss Hattiesburg, Miss. $151,225
3 Ball State Muncie, Ind. $151,238
4 TCU Fort Worth, Texas $151,250
5 Louisiana-Monroe Monroe, La. $153,271
6 Houston Houston, Texas $155,304
7. Rice Houston, Texas $155,304
8 Texas Tech Lubbock, Texas $158,225
9 Utah State Logan, Utah $168,612
10 Arkansas State Jonesboro, Ala. $170,575
The top 10 most expensive college markets for home prices in 2006 are:
Rank School Town, State 2006 Avg. Price
1 Stanford Palo Alto, Calif. $1,652,042
2 UCLA Los Angeles, Calif. $1,565,099
3 USC Los Angeles, Calif. $1,565,099
4 San Jose State San Jose, Calif. $1,410,662
5 California Berkeley, Calif. $1,275,500
6 Hawaii Honolulu, Hawaii $858,750
7 Miami Miami, Fla. $757,500
8 Boston College Chestnut Hill, Ma. $749,875
9 Northwestern Evanston, Ill. $715,125
10 Florida International Miami, Fla. $690,855
Breaking down the most expensive college conferences:
1) PAC10 $812,632
2) WAC $480,620
3) Independent $425,129
4) ACC $368,941
5) Sun Belt $320,664
6) BIG 10 $318,755
7) MWC $309,648
8) BIG EAST $303,444
9) BIG 12 $253,481
10) SEC $233,733
11) C-USA $227,732
12) MAC $221,541
Obviously the WAC is helped considerably by the average home price in Hawaii. The ACC also got a boost with the addition of Boston College & Miami, which had previously helped the Big East. The full report goes on to rank every team by conference. Quite an interesting read.
Comments:
posted on November 1, 2006 1:30 PM — link — abuse?Kevin Donahue said:
I would say we aim to please, but really we don't aimt too often. Ready, fire - that's me. :)
So Cal USMC said:
posted on November 1, 2006 7:25 PM — 204.62.68.23 — link — abuse?
How accurate is that list if they have ARKANSAS State's hometown listed as Jonesboro, ALABAMA (like AU03 pointed out)... also, they spelled it "Perdue"... and Its surprising that TCU, Fort Worth is that Inexpensive. The WAC -not just Hawaii- look at San Jose State.
K-Hue, does this type of blog generate pretty good Ad dollars (those real estate sites)?
The Mayor said:
posted on November 1, 2006 8:27 PM — 67.174.192.148 — link — abuse?
So Cal,
I notice that USC and UCLA have the same average....even though they are distinctly different neighborhoods.
I wonder what zip codes they used for that comparison? Wouldn't you agree that the folks over in Westwood and Brentwood have higher home values than the folks South of Wilshire and West of the 110?
I am really not sure of the relevance of this data anyway. What school buys their atheletes (or their parents)a house when they enter college?
AllEers said:
posted on November 2, 2006 11:30 AM — 162.129.27.201 — link — abuse?
The Mayor:
I completely agree. What self-respecting NCAA college program would so blatantly misappropriate such a large amount of collegiate funding? Weren't a couple of Okie players handed one-year suspensions for accepting what...a combined 16,000 dollars? I can't imagine any football program that would feel they are so above the law that they could actually get away with that.
Hmmm...I wonder what kind of home you could afford in, say, Southern California with 16K?IrishAggieHL said:
posted on November 2, 2006 12:17 PM — 68.121.55.201 — link — abuse?
The Mayor-- I'm sure they just used the housing price for the entire city or metro area. And after all, what USC-affiliated person is going to actually want to live within walking distance of USC? USC has a platoon of security guards keeping out the outside world. And as for UCLA, even much of UCLA student housing is outside of Westwood where UCLA is located.
So Cal USMC said:
posted on November 3, 2006 2:46 PM — 204.62.68.23 — link — abuse?
The Mayor,
USC is right between Downtown L.A. (manufacturing area) and South Central... UCLA is right between Beverly Hills and Pacific Palasaides... yeah your right, Id say there should be a bit of a gap there in local home-pricesThe Mayor said:
posted on November 3, 2006 3:12 PM — 67.174.192.148 — link — abuse?
So Cal,
I used to live on the Westside and worked in the Real Estate business throughout LA County in the late 80's. That's why I disputed CWB's figures on USC and UCLA...those two campuses may as well be on other sides of the earth from each other.
Not only that UCLA students have to drive almost 30 miles to Pasadena to see a "home" game. Then you're stuck in the Rose Bowl until the game is over...definitely a "buzz" killer.
Tommie Trojan said:
posted on November 3, 2006 5:24 PM — 64.32.153.19 — link — abuse?
Mayor:
No other team in the country, except for USC, buys nice homes for it's players. You don't think that the USC players are living downtown do you? No, they receive limo service to school and practice and the training table - all the while living out in the burbs in those fine multi-million homes. That's probably why they are all beginning to go soft. I look for USC to end up with the same kinda football teams that Stanford and Northwestern now yield. Maybe Carroll ought to put those guys back out in the street in order to toughen em' somewhat. Maybe they need to get back to where there just havin' to fight over every single crust of bread.
Tommie T
JT said:
posted on November 11, 2006 11:46 PM — 71.213.226.54 — link — abuse?
There are some pretty sweet houses near TCU. One issue here is the fact that houses in Ft. Worth & Tulsa do not have basements, and I would imagine several other towns in the south would be similar. From what I have learned as an amateur real estate student (wish I could sell & invest, but I don't have the time or money), square footage of basement is not always counted as part of the house size, even though brick, concrete, and block basements can often be used as finished or even livable space.
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The Mayor said:
posted on November 1, 2006 12:26 PM — 67.174.192.148 — link — abuse?Thanks for posting this Kevin, I actually felt like I was working while reading fanblogs.com this morning.