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Oldsmar Listings Summary
Oldsmar - Town vs. County Stats
Avg Price in Oldsmar: $419,400 / County Avg $587,700
Avg Taxes in Oldsmar: $3,500 / County Avg $5,700
Avg Sq. Ft. in Oldsmar: 2,184 / County Avg 1,807
Avg Price per/ft2 in Oldsmar: $192 / County Avg $325
Avg Walkscore in Oldsmar: 37 / County Avg 42
Avg Year Built in Oldsmar: 1992 / County Avg 1978
Avg Days on Website in Oldsmar: 73 / County Avg 113
Oldsmar Real Estate Market Health
Located between metropolitan Tampa and the west central Florida Gulf beaches in Pinellas County, Florida, the City of Oldsmar is characterized by a waterfront vista along its Tampa Bay shoreline. The name was Oldsmar has undergone changes. From R. E. Olds-on-the-Bay, it was renamed to Oldsmar, and then renamed Tampa Shores in 1927. The name reverted to Oldsmar in 1937.
During the early years, settlers obtained their drinking water from cisterns and individual wells. In the 1920s, a tower was built and water was pumped into it each morning. Later on, the installation of a faucet with St. Petersburg water by the railroad tracks became popular. Back then, the long bridges across the bay were non-existent, so people had to pass through Oldsmar to wend their way from Tampa to St. Petersburg.
Oldsmar can be regarded as a community by design. Olds may be credited designing a community for working people rather than for the affluent. He mapped out a community, modeled after Washington D.C. that had trees lining the boulevards, leading from the bay to the downtown area. A power plant was also constructed. The streets were paved with oyster shells.
Through the years, the convenient location and defining pleasures of the city have made over 13,590 people set up residence there. Historical highlights include a few early settlers and also the land purchase made by automobile pioneer Ransom Eli Olds. The Oldsmobile inventor opted to acquire 3 - 7,541 acres of land in the northern tip of Tampa Bay, which he then transformed into a bustling community.
Historic bungalows, parks, a library, and a bustling commercial district came to be built and have remained in the modern-day city. A 300-acre wilderness preserve, walking trails, zip line areas, biking paths, and paddling spots all serve as magnets for leisure travelers and locals. Catering to skating enthusiasts is the Tampa Bay Skating Club, which came into existence in 1987. The Tampa Bay Skating Academy rink opened in Oldsmar in Spring 1992.
Visiting Oldsmar is not about ticking off attractions but more about journey itself. It is a place to chill out, soak in history, and explore the outdoors. Oldsmar lures people who like its small-town “Old Florida” ambience, landscaped boulevards, abundant parks, a 300-acre wilderness preserve, and flourishing business environment.
Current attractions include celebrations of the city’s history, notably the Oldsmar Days and Nights, parades, carnival rides, car shows highlighted by the Oldsmobile, and other special events. Indeed, many people cannot seem to get enough of the city that serves as the hub of Tampa Bay.
When done with the day’s activities (which may range from touring to eco-exploration, people gravitate to the unique restaurants. Anchoring the central part of Oldsmar are a few major hotels. Not to be missed are the town’s Oktoberfest which is regarded as one of the best in Central Florida; and the three-day Freedom Fest, a Memorial Day street festival. For those who love horse racing, Tampa Bay Downs-which is the area’s only Thoroughbred horse track - presents live racing from December through May.
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