Median price for residential apartments in Altamont, TN as of Nov, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
20 Altamont, TN, USA apartments for sale
Altamont
According to statistics, the population in Altamont, TN amounts to 1,044, which shows decline -7% compared to the previous year. The median age of the city’s residents is 41. The average household income is $28,261, shifting growth 8% from the past year, and the average property value in Altamont, TN decline -1% to $68,500 throughout the year.
| Population | 1,044 |
| Median Age | 41 |
| Poverty Rate | 21% |
| Household Income | $28,261 |
| Number Of Employees | 320 |
| Median Property Value | $68,500 |
Household Income
The average household income in Altamont, TN grew from $26,225 to $28,261 in the past year. This data is an estimate based upon 378 households in Altamont, TN . The chart below presents how household income is distributed in Altamont, TN in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Altamont, TN shifted from $69,000 to $68,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Altamont, TN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Altamont, TN properties falls in the '$70,000 to $79,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Altamont, TN compared to median property taxes around the country. The prevalent amount of property taxes in Altamont, TN equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Altamont, TN, USA
Average apartment sale in Altamont: $196,205 (-72.5%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $196,576 | -75.7% |
| 3-bed apartments | $189,900 | -17.1% |
During Nov 2022, the average price for an apartment in/near Altamont, TN decreased by 72.5% to $196,205.
A 3-bed apartment goes for $189,900, it decreased by 17.1% lately.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Houses for sale | $76,611 | -66.5% |
| Land for sale | $381,928 | -52.8% |
| Apartments for sale | $84,350 | N/A |
While assessing the property pricing Altamont, TN, you can note that it remains flat with a price tag of $84,350. Price reports demonstrate that house price decreased by 66.5% this month making it up to $76,611.