Median price for residential apartments in Arapahoe, NC 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.
8 Arapahoe, NC, USA apartments for sale
Arapahoe
According to statistics, the population in Arapahoe, NC amounts to 575, which shows growth 27% compared to the previous year. The median age of the city’s residents is 49. The average household income is $44,167, shifting growth 3% from the past year, and the average property value in Arapahoe, NC decline -2% to $95,800 throughout the year.
| Population | 575 |
| Median Age | 48.5 |
| Poverty Rate | 8% |
| Household Income | $44,167 |
| Number Of Employees | 255 |
| Median Property Value | $95,800 |
Household Income
The average household income in Arapahoe, NC grew from $42,708 to $44,167 in the past year. This data is an estimate based upon 238 households in Arapahoe, NC . The chart below presents how household income is distributed in Arapahoe, NC in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Arapahoe, NC shifted from $98,200 to $95,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Arapahoe, NC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Arapahoe, NC properties falls in the '$80,000 to $89,999' 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 Arapahoe, NC compared to median property taxes around the country. The prevalent amount of property taxes in Arapahoe, NC equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Arapahoe, NC, USA
Average apartment sale in Arapahoe: $23,750 (-91.6%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $23,750 | N/A |
| 2-bed apartments | $315,000 | N/A |
| 3-bed apartments | $250,000 | N/A |
During Nov 2022, the average price for an apartment in/near Arapahoe, NC decreased by 91.6% to $23,750.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $315,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $250,000.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Condos for sale | $315,000 | N/A |
| Houses for sale | $250,000 | N/A |
| Land for sale | $23,750 | N/A |
According to statistics, average house is still $250,000 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $315,000.