According to statistics, the population in Belgrade, MT amounts to 8,026, which shows growth 2% compared to the previous year. The median age of the city’s residents is 33. The average household income is $57,321, shifting growth 6% from the past year, and the average property value in Belgrade, MT growth 7% to $209,700 throughout the year.
|Number Of Employees||4,420|
|Median Property Value||$209,700|
The average household income in Belgrade, MT grew from $54,000 to $57,321 in the past year. This data is an estimate based upon 3,026 households in Belgrade, MT . The chart below presents how household income is distributed in Belgrade, MT in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Belgrade, MT shifted from $196,300 to $209,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Belgrade, MT in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Belgrade, MT 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 Belgrade, MT compared to median property taxes around the country. The prevalent amount of property taxes in Belgrade, MT equals $2500, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$674,500||-52%|
|1 bed for sale||$395,000||N/A|
|2 bed for sale||$385,000||+10.6%|
|3 bed for sale||$700,740||+10%|
|4+ bed for sale||$820,492||+9%|
During Aug 2022, the average price for an apartment in/near Belgrade, MT increased by 8.6% to $744,582.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $395,000 with no changes this month. Asking price for 2-bed apartment also increased by 10.6% and a place of this size will now cost you $385,000. A 3-bed apartment goes for $700,740, it increased by 10% lately. We discerned the rise of 4- and more bed apartment price. It increased by 9% and made it up to $820,492.
|Listing Type||Aug||vs Last Month|
|Condos for sale||$476,572||+21.4%|
|Houses for sale||$783,972||+4.3%|
|Duplexes for sale||$799,000||+12.6%|
|Land for sale||$1,074,975||+481.1%|
|Other for sale||$551,000||+56.3%|
|Townhouses for sale||$509,300||N/A|
|Lofts for sale||$485,000||N/A|
Price reports demonstrate that house price increased by 4.3% this month making it up to $783,972. Condos are really in demand in this season. The median price for a condo increased by 21.4%, it’s now available for $476,572. You can now purchase a duplex for just $799,000, duplex price increased by 12.6% this month. The price statistics of lofts have not significantly changed, it now still goes for $485,000. Value of the townhouses didn’t change, the price still starts at $509,300.