National Football League franchise departures and nearby home prices

Brad Humphreys and Geoffrey Propheter

Real Estate Economics, 2026, vol. 54, issue 1, 178-207

Abstract: Research shows that US professional sports facilities positively impact nearby house prices. New facilities typically have existing teams, complicating the separate assessment of the impact of teams and facilities. Existing research analyzed departures of the National Basketball Association (NBA) teams, but arenas host many nonsporting events. These results may not generalize. We exploit the relocation of two National Football League (NFL) teams to investigate the impact of team departures on home sales. Difference‐in‐differences and repeat‐sales models indicate that proximity to one team is consistent with it being housing amenity while proximity to the other is not. Differences in urban form may be a key explanation for this heterogeneity.

Date: 2026
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/1540-6229.70011

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:reesec:v:54:y:2026:i:1:p:178-207

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1080-8620

Access Statistics for this article

Real Estate Economics is currently edited by Crocker Liu, N. Edward Coulson and Walter Torous

More articles in Real Estate Economics from American Real Estate and Urban Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().