According to statistics, the population in Abingdon, VA amounts to 8,044, which shows decline -1% compared to the previous year. The median age of the city’s residents is 46. The average household income is $38,338, shifting growth 8% from the past year, and the average property value in Abingdon, VA growth 2% to $159,200 throughout the year.
|Number Of Employees||3,596|
|Median Property Value||$159,200|
The average household income in Abingdon, VA grew from $35,363 to $38,338 in the past year. This data is an estimate based upon 3,883 households in Abingdon, VA . The chart below presents how household income is distributed in Abingdon, VA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Abingdon, VA shifted from $156,700 to $159,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Abingdon, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Abingdon, VA properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Abingdon, VA compared to median property taxes around the country. The prevalent amount of property taxes in Abingdon, VA equals $1150, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$280,200||+297.7%|
|2 bed for sale||$119,246||-33%|
|3 bed for sale||$277,259||+7.6%|
|4+ bed for sale||$430,639||+40.3%|
During Jul 2022, the average price for an apartment in/near Abingdon, VA increased by 27.5% to $335,955.
Asking price for 2-bed apartment also decreased by 33% and a place of this size will now cost you $119,246. A 3-bed apartment goes for $277,259, it increased by 7.6% lately. We discerned the rise of 4- and more bed apartment price. It increased by 40.3% and made it up to $430,639.
|Listing Type||Jul||vs Last Month|
|Houses for sale||$353,037||+19.3%|
|Condos for sale||$238,600||N/A|
|Land for sale||$263,358||+64.4%|
|Townhouses for sale||$289,900||N/A|
Price reports demonstrate that house price increased by 19.3% this month making it up to $353,037. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $238,600. Value of the townhouses didn’t change, the price still starts at $289,900.