Median price for residential apartments in Belle Meade, TN 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.
17 Belle Meade, TN, USA apartments for sale
Belle Meade
According to statistics, the population in Belle Meade, TN amounts to 2,584, which shows decline -4% compared to the previous year. The median age of the city’s residents is 50. The average household income is $195,000, shifting decline 0% from the past year, and the average property value in Belle Meade, TN decline -4% to $1,330,200 throughout the year.
| Population | 2,584 |
| Median Age | 49.7 |
| Poverty Rate | 4% |
| Household Income | $195,000 |
| Number Of Employees | 983 |
| Median Property Value | $1,330,200 |
Household Income
The average household income in Belle Meade, TN declined from $195,208 to $195,000 in the past year. This data is an estimate based upon 994 households in Belle Meade, TN . The chart below presents how household income is distributed in Belle Meade, TN in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Belle Meade, TN shifted from $1,387,300 to $1,330,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Belle Meade, TN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Belle Meade, TN properties falls in the '$1,000,000 to $1,499,999' range, which is higher 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 Belle Meade, TN compared to median property taxes around the country. The prevalent amount of property taxes in Belle Meade, TN equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Belle Meade, TN, USA
Average apartment sale in Belle Meade: $5,344,000 (+19.3%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| 3-bed apartments | $985,000 | -60.6% |
| 4+ bed apartments | $6,215,800 | +26.4% |
During Nov 2022, the average price for an apartment in/near Belle Meade, TN increased by 19.3% to $5,344,000.
A 3-bed apartment goes for $985,000, it decreased by 60.6% lately. We discerned the rise of 4- and more bed apartment price. It increased by 26.4% and made it up to $6,215,800.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Houses for sale | $5,344,000 | +19.3% |
Price reports demonstrate that house price increased by 19.3% this month making it up to $5,344,000.