Median price for residential apartments in as of May, 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.
249 Apple Valley, MN 55124, USA apartments for sale
$800,000
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Cedar Av S, 147th Street West, Apple Valley, MN 55124, USA
Studio
1 Bath
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$259,900
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Side x Side
Fremont Way, Apple Valley, MN, USA
2 Bed
3 Bath
1,612 Sq Ft
Apple Valley
According to statistics, the population in Apple Valley, MN amounts to 51,109, which shows growth 1% compared to the previous year. The median age of the city’s residents is 39. The average household income is $85,181, shifting growth 2% from the past year, and the average property value in Apple Valley, MN growth 6% to $230,900 throughout the year.
| Population | 51,109 |
| Median Age | 38.7 |
| Poverty Rate | 7% |
| Household Income | $85,181 |
| Number Of Employees | 28,854 |
| Median Property Value | $230,900 |
Household Income
The average household income in Apple Valley, MN grew from $83,450 to $85,181 in the past year. This data is an estimate based upon 19,238 households in Apple Valley, MN . The chart below presents how household income is distributed in Apple Valley, MN in comparison to the revenue allocation amid households nationally.
- USA
- Apple Valley, MN
Property Value
According to data from last year, the average property value in Apple Valley, MN shifted from $218,100 to $230,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Apple Valley, MN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Apple Valley, MN properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
- USA
- Apple Valley, 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 Apple Valley, MN compared to median property taxes around the country. The prevalent amount of property taxes in Apple Valley, MN equals $3000, which is less than the national average.
- USA
- Apple Valley, MN
Housing Trends
Apple Valley, MN 55124, USA Housing Trends
Average sale in Apple Valley: $338,427 (-3%)
| Apartment Size | May | vs Last Month |
|---|---|---|
| 2 bed apartments | $203,625 | N/A |
| 3 bed apartments | $250,950 | N/A |
| 4+ bed apartments | $388,414 | -16.5% |
During May 2021, the average price for an apartment in/near Apple Valley, MN decreased by 3% to $338,427.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $203,625. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $250,950. 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 $388,414 for a big-family home.
| Listing Type | May | vs Last Month |
|---|---|---|
| Townhouses for sale | $241,300 | -8.8% |
| Lofts for sale | $349,900 | +42.8% |
| Houses for sale | $378,414 | -23% |
| Condos for sale | $135,500 | N/A |
According to statistics, average house is still $378,414 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $135,500. The price statistics of lofts have not significantly changed, it now still goes for $349,900. Value of the townhouses didn’t change, the price still starts at $241,300.
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