Median price for residential apartments in Belleville, MI as of Feb, 2023.
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.
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5 Belleville, MI 48111, USA apartments for sale
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Home For Sale In Belleville, Michigan
427 East Huron River Drive, Belleville, Wayne County, MI 48111, USA3 Bed
4 Bath
2,687 Sq Ft
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2 Bed
1 Bath
798 Sq Ft
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Property For Sale In Belleville, Michigan
197 Carmell Street, Belleville, Wayne County, MI 48111, USAStudio
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Condo For Sale In Belleville, Michigan
361 Estrada Drive, Belleville, Wayne County, MI 48111, USA3 Bed
2 Bath
1,092 Sq Ft
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Plot For Sale In Belleville, Michigan
160 East Huron River Drive, Belleville, Wayne County, MI 48111, USAn/a
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2 Bed
1 Bath
798 Sq Ft
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2 Bed
1 Bath
798 Sq Ft
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2 Bed
1 Bath
798 Sq Ft
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2 Bed
1 Bath
798 Sq Ft
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Home For Sale In Belleville, Michigan
360 Aberdeen Court, Belleville, Wayne County, MI 48111, USA3 Bed
3 Bath
1,467 Sq Ft
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Home For Sale In Belleville, Michigan
404 Waterbury Court, Belleville, Wayne County, MI 48111, USA4 Bed
3 Bath
1,369 Sq Ft
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Home For Sale In Belleville, Michigan
81 North Edgemont Street, Belleville, Wayne County, MI 48111, USA4 Bed
2 Bath
1,560 Sq Ft
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Home For Sale In Belleville, Michigan
14698 Sheldon Road, Belleville, Wayne County, MI 48111, USA3 Bed
2 Bath
1,369 Sq Ft
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Home For Sale In Belleville, Michigan
600 Belle Cove Court, Belleville, Wayne County, MI 48111, USA3 Bed
3 Bath
1,735 Sq Ft
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Property For Sale In Belleville, Michigan
195 Dos Rios Street, Belleville, Wayne County, MI 48111, USAStudio
Belleville
According to statistics, the population in Belleville, MI amounts to 3,880, which shows decline 0% compared to the previous year. The median age of the city’s residents is 40. The average household income is $45,223, shifting decline -1% from the past year, and the average property value in Belleville, MI growth 2% to $127,700 throughout the year.
| Population | 3,880 |
| Median Age | 39.9 |
| Poverty Rate | 15% |
| Household Income | $45,223 |
| Number Of Employees | 1,655 |
| Median Property Value | $127,700 |
Household Income
The average household income in Belleville, MI declined from $45,737 to $45,223 in the past year. This data is an estimate based upon 1,739 households in Belleville, MI . The chart below presents how household income is distributed in Belleville, MI in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Belleville, MI shifted from $124,600 to $127,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Belleville, MI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Belleville, MI properties falls in the '$150,000 to $174,999' 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 Belleville, MI compared to median property taxes around the country. The prevalent amount of property taxes in Belleville, MI equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Belleville, MI 48111, USA
Average apartment sale in Belleville: $225,623 (+0.4%)
| Apartment Size | Feb | vs Last Month |
|---|---|---|
| Studio apartments | $374,975 | -5.5% |
| 2-bed apartments | $147,500 | +3.6% |
| 3-bed apartments | $212,400 | -4.5% |
| 4+ bed apartments | $219,900 | +7.3% |
During February 2023, the average price for an apartment in/near Belleville, MI increased by 0.4% to $225,623.
Knowing the current property prices is key if you plan to buy a studio in Belleville, MI. The average price for a studio has decreased since the last month, currently being $374,975. Asking price for 2-bed apartment also increased by 3.6% and a place of this size will now cost you $147,500. A 3-bed apartment goes for $212,400, it decreased by 4.5% lately. We discerned the rise of 4- and more bed apartment price. It increased by 7.3% and made it up to $219,900.
| Listing Type | Feb | vs Last Month |
|---|---|---|
| Houses for sale | $214,900 | -1.1% |
| Apartments for sale | $104,900 | +90.7% |
| Land for sale | $465,000 | +0% |
| Condos for sale | $147,500 | +3.6% |
The average cost of an apartment in Belleville, MI rised by 90.7% to $104,900. Price reports demonstrate that house price decreased by 1.1% this month making it up to $214,900. Condos are really in demand in this season. The median price for a condo increased by 3.6%, it’s now available for $147,500. The average price of the land for sale in formattedAddress% has not changed significantly since last month, being $465,000.
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