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According to statistics, the population in Belfast, ME amounts to 6,680, which shows decline 1% compared to the previous year. The median age of the city’s residents is 47. The average household income is $59,260, shifting growth 46% from the past year, and the average property value in Belfast, ME decline -4% to $201,000 throughout the year.
|Number Of Employees||2,832|
|Median Property Value||$201,000|
The average household income in Belfast, ME grew from $40,625 to $59,260 in the past year. This data is an estimate based upon 2,893 households in Belfast, ME . The chart below presents how household income is distributed in Belfast, ME in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Belfast, ME shifted from $209,200 to $201,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Belfast, ME in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Belfast, ME properties falls in the '$200,000 to $249,999' range, which is lower 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 Belfast, ME compared to median property taxes around the country. The prevalent amount of property taxes in Belfast, ME equals $3000, which is less than the national average.
|Apartment Size||Jun||vs Last Month|
|3 bed apartments||$450,000||+39.7%|
|4+ bed apartments||$499,000||+189.1%|
During Jun 2021, the average price for an apartment in/near Belfast, ME increased by 81.4% to $482,666.
Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $450,000. 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 $499,000 for a big-family home.
|Listing Type||Jun||vs Last Month|
|Houses for sale||$474,500||+21.5%|
|Condos for sale||$149,000||N/A|
|Apartments for sale||$499,000||+271.1%|
While assessing the property pricing Belfast, ME, you can note that it remains flat with a price tag of $499,000. According to statistics, average house is still $474,500 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $149,000.
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