According to statistics, the population in Bayfield, CO amounts to 2,576, which shows growth 2% compared to the previous year. The median age of the city’s residents is 32. The average household income is $59,185, shifting decline -8% from the past year, and the average property value in Bayfield, CO growth 7% to $265,600 throughout the year.
|Number Of Employees||1,428|
|Median Property Value||$265,600|
The average household income in Bayfield, CO declined from $64,563 to $59,185 in the past year. This data is an estimate based upon 912 households in Bayfield, CO . The chart below presents how household income is distributed in Bayfield, CO in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Bayfield, CO shifted from $247,400 to $265,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bayfield, CO in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bayfield, CO properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Bayfield, CO compared to median property taxes around the country. The prevalent amount of property taxes in Bayfield, CO equals $1150, which is less than the national average.
|Apartment Size||May||vs Last Month|
|Studio for sale||$285,333||N/A|
|1 bed for sale||$259,950||-19.3%|
|2 bed for sale||$1,246,939||+152.8%|
|3 bed for sale||$557,345||-11.6%|
|4+ bed for sale||$638,233||-0.5%|
During May 2022, the average price for an apartment in/near Bayfield, CO decreased by 19.4% to $483,022.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $259,950 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $1,246,939. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $557,345. 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 $638,233 for a big-family home.
|Listing Type||May||vs Last Month|
|Houses for sale||$499,051||-17.5%|
|Townhouses for sale||$333,500||+2.3%|
|Apartments for sale||$149,900||N/A|
|Lofts for sale||$574,900||N/A|
|Land for sale||$184,800||N/A|
|Condos for sale||$386,666||N/A|
While assessing the property pricing Bayfield, CO, you can note that it remains flat with a price tag of $149,900. According to statistics, average house is still $499,051 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $386,666. The price statistics of lofts have not significantly changed, it now still goes for $574,900. Value of the townhouses didn’t change, the price still starts at $333,500.