Median price for residential apartments in Armstrong, IA 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.
2 Armstrong, IA 50514, USA apartments for sale
Armstrong
According to statistics, the population in Armstrong, IA amounts to 937, which shows growth 4% compared to the previous year. The median age of the city’s residents is 51. The average household income is $42,557, shifting growth 1% from the past year, and the average property value in Armstrong, IA growth 6% to $63,400 throughout the year.
| Population | 937 |
| Median Age | 51.4 |
| Poverty Rate | 10% |
| Household Income | $42,557 |
| Number Of Employees | 462 |
| Median Property Value | $63,400 |
Household Income
The average household income in Armstrong, IA grew from $41,949 to $42,557 in the past year. This data is an estimate based upon 465 households in Armstrong, IA . The chart below presents how household income is distributed in Armstrong, IA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Armstrong, IA shifted from $59,600 to $63,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Armstrong, IA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Armstrong, IA properties falls in the '$50,000 to $59,999' 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 Armstrong, IA compared to median property taxes around the country. The prevalent amount of property taxes in Armstrong, IA equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Armstrong, IA 50514, USA
Average apartment sale in Armstrong: $142,500 (+0.6%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $152,000 | N/A |
| 4+ bed apartments | $104,500 | -26.3% |
During Nov 2022, the average price for an apartment in/near Armstrong, IA increased by 0.6% to $142,500.
We discerned the rise of 4- and more bed apartment pricing. It decreased by 26.3% and made it down to $104,500.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Houses for sale | $104,500 | -26.3% |
| Other for sale | $152,000 | N/A |
Price reports demonstrate that house price decreased by 26.3% this month making it up to $104,500.