Median price for residential apartments in Asheboro, 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.
129 Asheboro, NC, USA apartments for sale
Asheboro
According to statistics, the population in Asheboro, NC amounts to 25,863, which shows decline 0% compared to the previous year. The median age of the city’s residents is 39. The average household income is $34,293, shifting decline 1% from the past year, and the average property value in Asheboro, NC growth 2% to $113,500 throughout the year.
| Population | 25,863 |
| Median Age | 38.8 |
| Poverty Rate | 23% |
| Household Income | $34,293 |
| Number Of Employees | 10,868 |
| Median Property Value | $113,500 |
Household Income
The average household income in Asheboro, NC grew from $34,100 to $34,293 in the past year. This data is an estimate based upon 10,884 households in Asheboro, NC . The chart below presents how household income is distributed in Asheboro, NC in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Asheboro, NC shifted from $111,400 to $113,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Asheboro, NC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Asheboro, NC properties falls in the '$100,000 to $124,999' 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 Asheboro, NC compared to median property taxes around the country. The prevalent amount of property taxes in Asheboro, NC equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Asheboro, NC, USA
Average apartment sale in Asheboro: $217,637 (-18.8%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $189,372 | -35.6% |
| 1-bed apartments | $136,500 | N/A |
| 2-bed apartments | $225,500 | +23.3% |
| 3-bed apartments | $278,676 | +25.5% |
| 4+ bed apartments | $334,960 | +0.7% |
During Nov 2022, the average price for an apartment in/near Asheboro, NC decreased by 18.8% to $217,637.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $136,500 with no changes this month. Asking price for 2-bed apartment also increased by 23.3% and a place of this size will now cost you $225,500. A 3-bed apartment goes for $278,676, it increased by 25.5% lately. We discerned the rise of 4- and more bed apartment price. It increased by 0.7% and made it up to $334,960.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Lofts for sale | $314,945 | -15.2% |
| Houses for sale | $274,748 | +21.2% |
| Duplexes for sale | $129,000 | -50.4% |
| Condos for sale | $243,100 | +19.6% |
| Land for sale | $55,805 | -84.8% |
| Other for sale | $253,388 | +9.7% |
| Townhouses for sale | $280,000 | N/A |
Price reports demonstrate that house price increased by 21.2% this month making it up to $274,748. Condos are really in demand in this season. The median price for a condo increased by 19.6%, it’s now available for $243,100. You can now purchase a duplex for just $129,000, duplex price decreased by 50.4% this month. The price dynamics of lofts changed, it decreased by 15.2%, the price tag now starts at $314,945. Value of the townhouses didn’t change, the price still starts at $280,000.