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Take Me Next Door to the Ball Game

Neighborhoods near Major League Baseball stadiums cost more – especially if the team has a better shot at winning the 2013 World Series.

Baseball’s 2013 season begins Sunday night, when the Texas Rangers go to Houston to take on the Astros. Most other teams kick off the season on Monday. To mark the annual start of America’s national pastime, we looked at home prices in the neighborhoods near major-league stadiums.

If you want to live close enough to the ballpark to hear the crowd and see the lights from home–and of course, walk to the game–it’ll cost you. We examined asking home prices from the past year on Trulia in the neighborhoods within a mile or two of each stadium (excluding Toronto). It costs most to live near AT&T Park, home of the San Francisco Giants: $653 per square foot. Living near Atlanta’s Turner Field or Kansas City’s Kauffman Stadium costs only one tenth as much:

 

Top 5 Most Expensive Baseball Stadium Neighborhoods

# Team Stadium Median price per SQFT Stadium area price relative to metro price
1 San Francisco Giants AT&T Park

$653

1.3

2 Boston Red Sox Fenway Park

$584

2.6

3 San Diego Padres PETCO Park

$435

1.9

4 Washington Nationals Nationals Park

$392

2.3

5 Los Angeles Dodgers Dodger Stadium

$387

1.6

 

Top 5 Least Expensive Baseball Stadium Neighborhoods

# Team Stadium Median price per SQFT Stadium area price relative to metro price
1 Kansas City Royals Kauffman Stadium

$28

0.3

2 Atlanta Braves Turner Field

$64

0.9

3 Milwaukee Brewers Miller Park

$72

0.7

4 Pittsburgh Pirates PNC Park

$85

0.9

5 Texas Rangers Rangers Ballpark

$86

1.1

Note: median price per square foot in the neighborhood approximately one or two miles around the stadium. Final column is the ratio of stadium-area median price to metro median price. Values above 1 mean the stadium area is more expensive than the metro area overall.

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