---
title: Your Home Could Be Worth More If It's Near One Of These
description: A new report finds that homes near major concert venues are more expensive than in surrounding zip codes.
authors:
  - name: Kerry Close
    url: https://money.com/author/kerry-close/
    at_money_since: 2016
    articles: 182
    covers:
      - Housing
      - Banking
      - Business
      - Career Advice
      - Credit Cards
      - Economy and Politics
      - Education
      - Identity Theft
      - Insurance
      - Investing
      - Lifestyle
      - Loans
      - Mortgages
      - Personal Finance
      - Retirement
      - Shopping
      - Taxes
      - Technology
    social:
      - https://x.com/kerryclose
    former_staff: true
published: '2016-07-07T19:53:55.000Z'
modified: '2016-07-07T19:53:55.000Z'
section: Housing
tags:
  - Concert
  - pubdesk
  - real estate
word_count: 436
canonical: https://money.com/home-prices-concert-venue/
type: Article
source: structured-blocks
---

> **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/).

![Homes near the Greek Theatre in Los Angeles (where Ringo Starr performs, above) are worth about 63% more than those in the surrounding zip code.](https://img.money.com/2016/07/gettyimages-544388474.jpg)
*Homes near the Greek Theatre in Los Angeles (where Ringo Starr performs, above) are worth about 63% more than those in the surrounding zip code.*

Loud neighbors are typically bad news for homeowners–except, apparently, if they're famous musicians rocking sold-out shows.

A [study released Thursday](http://www.realtor.com/news/trends/outdoor-concert-venues-home-values/) from [Realtor.com](http://www.realtor.com/) and [Vividseats.com](http://www.vividseats.com/) found that homes within a mile of 20 outdoor concert venues around the country showed on average a nine-percent premium on price.

The location where it pays off most to be close to a music venue is Capital City Amphitheater in Tallahasee, Fla., where the median home is 78% more expensive (at $177,500) than the surrounding zip code. That metro area was followed by homes located within a mile of OKC Zoo Amphitheatre in Oklahoma City, where prices were 68% more expensive than the adjacent zip code. In third were homes within one mile of the Greek Theatre in Los Angeles, where real estate was 63% pricier than the nearby zip code.

That disparity is likely due to the fact that concerts increase foot traffic, helping local businesses and the area's cool factor. And of course, for residents themselves, there's the added bonus of being able to walk to see your favorite band perform live.

"Walkability to restaurants and shopping has become an increasingly important feature for home buyers over the last few years, especially millennials," said Jonathan Smoke, chief economist for Realtor.com. "Our analysis shows this desire for close proximity also extends to live music."

Here are the areas where proximity to a music venue translates to the biggest home price premium:

<table style="height:1234px"><tbody><tr><td><p><span class="s1"><b>Ranking</b></span></p></td><td><p><span class="s1"><b>Venue</b></span></p></td><td><p><span class="s1"><b>Home Prices Within 1 Mile of Venue</b></span></p></td><td><p><span class="s1"><b>Home Prices in ZIP Code</b></span></p></td><td><p><span class="s1"><b>Venue vs. ZIP Code</b></span></p></td></tr><tr><td><p><span class="s1">1</span></p></td><td><p><span class="s1">Capital City Amphitheater (<a href="http://www.realtor.com/realestateandhomes-search/Tallahassee_FL" target="_blank"><span class="s2">Tallahassee, Fla</span></a>.)</span></p></td><td><p><span class="s1">$177,500</span></p></td><td><p><span class="s1">$100,000</span></p></td><td><p><span class="s1">78%</span></p></td></tr><tr><td><p><span class="s1">2</span></p></td><td><p><span class="s1">OKC Zoo Amphitheatre (<a href="http://www.realtor.com/realestateandhomes-search/Oklahoma-City_OK" target="_blank"><span class="s2">Oklahoma City</span></a>)</span></p></td><td><p><span class="s1">$49,500</span></p></td><td><p><span class="s1">$29,500</span></p></td><td><p><span class="s1">68%</span></p></td></tr><tr><td><p><span class="s1">3</span></p></td><td><p><span class="s1">Greek Theatre - Los Angeles (<a href="http://www.realtor.com/realestateandhomes-search/Los-Angeles_CA" target="_blank"><span class="s2">Los Angeles</span></a>)</span></p></td><td><p><span class="s1">$2,100,000</span></p></td><td><p><span class="s1">$1,285,000</span></p></td><td><p><span class="s1">63%</span></p></td></tr><tr><td><p><span class="s1">4</span></p></td><td><p><span class="s1">Investor Amphitheatre (<a href="http://www.realtor.com/realestateandhomes-search/Gainesville_GA" target="_blank"><span class="s2">Gainesville, Ga</span></a>.)</span></p></td><td><p><span class="s1">$199,450</span></p></td><td><p><span class="s1">$125,000</span></p></td><td><p><span class="s1">60%</span></p></td></tr><tr><td><p><span class="s1">5</span></p></td><td><p><span class="s1">Cincinnati Playhouse In The Park (<a href="http://www.realtor.com/realestateandhomes-search/Cincinnati_OH" target="_blank"><span class="s2">Cincinnati, Ohio</span></a>)</span></p></td><td><p><span class="s1">$319,750</span></p></td><td><p><span class="s1">$219,750</span></p></td><td><p><span class="s1">46%</span></p></td></tr><tr><td><p><span class="s1">6</span></p></td><td><p><span class="s1">Oregon Zoo Amphitheatre (<a href="http://www.realtor.com/realestateandhomes-search/Portland_OR" target="_blank"><span class="s2">Portland, Ore</span></a>.)</span></p></td><td><p><span class="s1">$700,000</span></p></td><td><p><span class="s1">$494,950</span></p></td><td><p><span class="s1">41%</span></p></td></tr><tr><td><p><span class="s1">7</span></p></td><td><p><span class="s1">The Levitt Shell (<a href="http://www.realtor.com/realestateandhomes-search/Memphis_TN" target="_blank"><span class="s2">Memphis, Tenn</span></a>.)</span></p></td><td><p><span class="s1">$210,000</span></p></td><td><p><span class="s1">$150,500</span></p></td><td><p><span class="s1">40%</span></p></td></tr><tr><td><p><span class="s1">8</span></p></td><td><p><span class="s1">Surly Brewing Festival Field (<a href="http://www.realtor.com/realestateandhomes-search/Minneapolis_MN" target="_blank"><span class="s2">Minneapolis</span></a>)</span></p></td><td><p><span class="s1">$316,500</span></p></td><td><p><span class="s1">$232,250</span></p></td><td><p><span class="s1">36%</span></p></td></tr><tr><td><p><span class="s1">9</span></p></td><td><p><span class="s1">Weesner Family Amphitheater at the Minnesota Zoo (<a href="http://www.realtor.com/realestateandhomes-search/Apple-Valley_MN" target="_blank"><span class="s2">Apple Valley, Minn</span></a>.)</span></p></td><td><p><span class="s1">$249,900</span></p></td><td><p><span class="s1">$193,500</span></p></td><td><p><span class="s1">29%</span></p></td></tr><tr><td><p><span class="s1">10</span></p></td><td><p><span class="s3">Ravinia (<a href="http://www.realtor.com/realestateandhomes-search/Highland-Park_IL" target="_blank"><span class="s4">Highland Park, Ill</span></a>.)</span></p></td><td><p><span class="s1">$605,000</span></p></td><td><p><span class="s1">$487,500</span></p></td><td><p><span class="s1">24%</span></p></td></tr><tr><td><p><span class="s1">11</span></p></td><td><p><span class="s1">Tallahassee Pavilion (<a href="http://www.realtor.com/realestateandhomes-search/Tallahassee_FL" target="_blank"><span class="s2">Tallahassee, Fla</span></a>.)</span></p></td><td><p><span class="s1">$120,000</span></p></td><td><p><span class="s1">$100,000</span></p></td><td><p><span class="s1">20%</span></p></td></tr><tr><td><p><span class="s1">12</span></p></td><td><p><span class="s1">Sawyer Point Park (<a href="http://www.realtor.com/realestateandhomes-search/Cincinnati_OH" target="_blank"><span class="s2">Cincinnati</span></a>)</span></p></td><td><p><span class="s1">$260,500</span></p></td><td><p><span class="s1">$219,750</span></p></td><td><p><span class="s1">19%</span></p></td></tr><tr><td><p><span class="s1">13</span></p></td><td><p><span class="s1">Madera Fairgrounds (<a href="http://www.realtor.com/realestateandhomes-search/Madera_CA" target="_blank"><span class="s2">Madera, Calif</span></a>.)</span></p></td><td><p><span class="s1">$237,000</span></p></td><td><p><span class="s1">$205,000</span></p></td><td><p><span class="s1">16%</span></p></td></tr><tr><td><p><span class="s1">14</span></p></td><td><p><span class="s1">Red Hat Amphitheater (<a href="http://www.realtor.com/realestateandhomes-search/Raleigh_NC" target="_blank"><span class="s2">Raleigh, N.C</span></a>.)</span></p></td><td><p><span class="s1">$300,500</span></p></td><td><p><span class="s1">$260,000</span></p></td><td><p><span class="s1">16%</span></p></td></tr><tr><td><p><span class="s1">15</span></p></td><td><p><span class="s1">Clarke County Fairgrounds (<a href="http://www.realtor.com/realestateandhomes-search/Berryville_VA" target="_blank"><span class="s2">Berryville, Va</span></a>.)</span></p></td><td><p><span class="s1">$315,000</span></p></td><td><p><span class="s1">$273,950</span></p></td><td><p><span class="s1">15%</span></p></td></tr><tr><td><p><span class="s1">16</span></p></td><td><p><span class="s1">Wolf Trap Farm (<a href="http://www.realtor.com/realestateandhomes-search/Vienna_VA" target="_blank"><span class="s2">Vienna, Va</span></a>.)</span></p></td><td><p><span class="s1">$882,500</span></p></td><td><p><span class="s1">$780,000</span></p></td><td><p><span class="s1">13%</span></p></td></tr><tr><td><p><span class="s1">17</span></p></td><td><p><span class="s1">Ascend Amphitheater (<a href="http://www.realtor.com/realestateandhomes-search/Nashville_TN" target="_blank"><span class="s2">Nashville</span></a>)</span></p></td><td><p><span class="s1">$307,000</span></p></td><td><p><span class="s1">$275,000</span></p></td><td><p><span class="s1">12%</span></p></td></tr><tr><td><p><span class="s1">18</span></p></td><td><p><span class="s1">Ravina on the Lakes (<a href="http://www.realtor.com/realestateandhomes-search/Peoria_IL" target="_blank"><span class="s2">Peoria, Ill</span></a>.)</span></p></td><td><p><span class="s1">$177,000</span></p></td><td><p><span class="s1">$160,950</span></p></td><td><p><span class="s1">10%</span></p></td></tr><tr><td><p><span class="s1">19</span></p></td><td><p><span class="s1">Concord Pavilion (<a href="http://www.realtor.com/realestateandhomes-search/Concord_CA" target="_blank"><span class="s2">Concord, Calif</span></a>.)</span></p></td><td><p><span class="s1">$575,000</span></p></td><td><p><span class="s1">$525,000</span></p></td><td><p><span class="s1">10%</span></p></td></tr><tr><td><p><span class="s1">20</span></p></td><td><p><span class="s1">Bayfront Park (<a href="http://www.realtor.com/realestateandhomes-search/Miami_FL" target="_blank"><span class="s2">Miami, Fla.</span></a>)</span></p></td><td><p><span class="s1">$392,500</span></p></td><td><p><span class="s1">$358,500</span></p></td><td><p><span class="s1">9%</span></p></td></tr></tbody></table>

```json
{
  "@context": "https://schema.org",
  "@graph": [
    {
      "@type": "BreadcrumbList",
      "@id": "https://money.com/home-prices-concert-venue/#breadcrumb",
      "itemListElement": [
        {
          "@type": "ListItem",
          "position": 1,
          "name": "Home",
          "item": "https://money.com"
        },
        {
          "@type": "ListItem",
          "position": 2,
          "name": "Housing",
          "item": "https://money.com/housing/"
        },
        {
          "@type": "ListItem",
          "position": 3,
          "name": "Home Prices",
          "item": "https://money.com/home-prices/"
        },
        {
          "@type": "ListItem",
          "position": 4,
          "name": "Your Home Could Be Worth More If It's Near One Of These"
        }
      ]
    },
    {
      "@type": "WebSite",
      "@id": "https://money.com/#website",
      "url": "https://money.com",
      "name": "Money",
      "publisher": {
        "@id": "https://money.com/#organization"
      }
    },
    {
      "@type": "WebPage",
      "@id": "https://money.com/home-prices-concert-venue/#webpage",
      "url": "https://money.com/home-prices-concert-venue/",
      "name": "Your Home Could Be Worth More If It's Near One Of These",
      "isPartOf": {
        "@id": "https://money.com/#website"
      },
      "datePublished": "2016-07-07T19:53:55.000Z",
      "mainEntity": {
        "@id": "https://money.com/home-prices-concert-venue/"
      },
      "inLanguage": "en-US",
      "breadcrumb": {
        "@id": "https://money.com/home-prices-concert-venue/#breadcrumb"
      },
      "dateModified": "2016-07-07T19:53:55.000Z"
    },
    {
      "@type": "Article",
      "headline": "Your Home Could Be Worth More If It's Near One Of These",
      "articleSection": "Housing",
      "image": [
        {
          "@type": "ImageObject",
          "url": "https://img.money.com/2016/07/gettyimages-544388474.jpg",
          "width": 3000,
          "height": 1995,
          "caption": "Greek-City-theater"
        }
      ],
      "author": [
        {
          "@type": "Person",
          "name": "Kerry Close",
          "url": "https://money.com/author/kerry-close/",
          "@id": "https://money.com/author/kerry-close/#author",
          "sameAs": [
            "https://x.com/kerryclose"
          ]
        }
      ],
      "publisher": "https://money.com/#organization",
      "datePublished": "2016-07-07T19:53:55.000Z",
      "description": "A new report finds that homes near major concert venues are more expensive than in surrounding zip codes.",
      "abstract": "A new report finds that homes near major concert venues are more expensive than in surrounding zip codes.",
      "@id": "https://money.com/home-prices-concert-venue/",
      "inLanguage": "en-US",
      "dateModified": "2016-07-07T19:53:55.000Z",
      "wordCount": 436,
      "keywords": [
        "Concert",
        "pubdesk",
        "real estate"
      ],
      "about": [
        {
          "@type": "Thing",
          "name": "Housing in the United States",
          "sameAs": [
            "https://en.wikipedia.org/wiki/Housing_in_the_United_States"
          ]
        },
        {
          "@type": "Thing",
          "name": "Real estate economics",
          "sameAs": [
            "https://en.wikipedia.org/wiki/Real_estate_economics"
          ]
        }
      ]
    }
  ]
}
```