According to statistics, the population in Albemarle, NC amounts to 15,874, which shows decline -1% compared to the previous year. The median age of the city’s residents is 43. The average household income is $36,682, shifting growth 5% from the past year, and the average property value in Albemarle, NC growth 4% to $120,900 throughout the year.
|Number Of Employees||6,651|
|Median Property Value||$120,900|
The average household income in Albemarle, NC grew from $34,863 to $36,682 in the past year. This data is an estimate based upon 6,331 households in Albemarle, NC . The chart below presents how household income is distributed in Albemarle, NC in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Albemarle, NC shifted from $116,400 to $120,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Albemarle, NC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Albemarle, NC properties falls in the '$100,000 to $124,999' 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 Albemarle, NC compared to median property taxes around the country. The prevalent amount of property taxes in Albemarle, NC equals $1150, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$158,825||N/A|
|2 bed for sale||$194,584||-0.5%|
|3 bed for sale||$278,145||-11.4%|
|4+ bed for sale||$497,134||-35.2%|
During Aug 2022, the average price for an apartment in/near Albemarle, NC decreased by 15.5% to $317,686.
Asking price for 2-bed apartment also decreased by 0.5% and a place of this size will now cost you $194,584. A 3-bed apartment goes for $278,145, it decreased by 11.4% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 35.2% and made it down to $497,134.
|Listing Type||Aug||vs Last Month|
|Townhouses for sale||$330,000||N/A|
|Houses for sale||$300,974||+1.2%|
|Land for sale||$456,200||-73.2%|
|Lofts for sale||$337,965||N/A|
|Apartments for sale||$158,825||N/A|
|Other for sale||$598,200||N/A|
|Duplexes for sale||$265,000||N/A|
While assessing the property pricing Albemarle, NC, you can note that it remains flat with a price tag of $158,825. Price reports demonstrate that house price increased by 1.2% this month making it up to $300,974. An average value of duplex is $265,000, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $337,965. Value of the townhouses didn’t change, the price still starts at $330,000.