Median price for residential apartments in as of Sep, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
29 Annandale, MN 55302, USA apartments for sale
Annandale
According to statistics, the population in Annandale, MN amounts to 3,332, which shows growth 1% compared to the previous year. The median age of the city’s residents is 37. The average household income is $39,653, shifting decline -12% from the past year, and the average property value in Annandale, MN growth 2% to $141,200 throughout the year.
| Population | 3,332 |
| Median Age | 37 |
| Poverty Rate | 10% |
| Household Income | $39,653 |
| Number Of Employees | 1,599 |
| Median Property Value | $141,200 |
Household Income
The average household income in Annandale, MN declined from $45,179 to $39,653 in the past year. This data is an estimate based upon 1,451 households in Annandale, MN . The chart below presents how household income is distributed in Annandale, MN in comparison to the revenue allocation amid households nationally.
- USA
- Annandale, MN
Property Value
According to data from last year, the average property value in Annandale, MN shifted from $138,200 to $141,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Annandale, MN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Annandale, MN properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
- USA
- Annandale, MN
Rent vs. Own
- Rent79%
- Own21%
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 Annandale, MN compared to median property taxes around the country. The prevalent amount of property taxes in Annandale, MN equals $2500, which is less than the national average.
- USA
- Annandale, MN
Housing Trends
Annandale, MN 55302, USA Housing Trends
Average sale in Annandale: $414,933 (-18.5%)
| Apartment Size | Sep | vs Last Month |
|---|---|---|
| 1 bed apartments | $489,900 | N/A |
| 2 bed apartments | $450,000 | +28.6% |
| 3 bed apartments | $249,900 | -62.2% |
| 4+ bed apartments | $524,950 | +44.4% |
During Sep 2021, the average price for an apartment in/near Annandale, MN decreased by 18.5% to $414,933.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $489,900 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $450,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $249,900. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $524,950 for a big-family home.
| Listing Type | Sep | vs Last Month |
|---|---|---|
| Houses for sale | $414,933 | -18.5% |
According to statistics, average house is still $414,933 with no significant changes this month.
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