According to statistics, the population in Beltsville, MD amounts to 17,890, which shows decline -4% compared to the previous year. The median age of the city’s residents is 36. The average household income is $78,144, shifting growth 3% from the past year, and the average property value in Beltsville, MD growth 5% to $276,900 throughout the year.
|Number Of Employees||9,611|
|Median Property Value||$276,900|
The average household income in Beltsville, MD grew from $75,910 to $78,144 in the past year. This data is an estimate based upon 5,408 households in Beltsville, MD . The chart below presents how household income is distributed in Beltsville, MD in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Beltsville, MD shifted from $262,500 to $276,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Beltsville, MD in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Beltsville, MD 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 Beltsville, MD compared to median property taxes around the country. The prevalent amount of property taxes in Beltsville, MD equals $3000, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|1 bed for sale||$136,131||+1.8%|
|2 bed for sale||$176,000||-26.4%|
|3 bed for sale||$348,861||+15.9%|
|4+ bed for sale||$330,680||-35.6%|
During Aug 2022, the average price for an apartment in/near Beltsville, MD decreased by 7.4% to $310,515.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 1.8% to $136,131. Asking price for 2-bed apartment also decreased by 26.4% and a place of this size will now cost you $176,000. A 3-bed apartment goes for $348,861, it increased by 15.9% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 35.6% and made it down to $330,680.
|Listing Type||Aug||vs Last Month|
|Townhouses for sale||$446,633||+1.8%|
|Apartments for sale||$204,366||N/A|
|Condos for sale||$176,365||+5.4%|
|Houses for sale||$528,476||+6.2%|
|Lofts for sale||$149,900||N/A|
|Land for sale||$27,092||N/A|
While assessing the property pricing Beltsville, MD, you can note that it remains flat with a price tag of $204,366. Price reports demonstrate that house price increased by 6.2% this month making it up to $528,476. Condos are really in demand in this season. The median price for a condo increased by 5.4%, it’s now available for $176,365. The price statistics of lofts have not significantly changed, it now still goes for $149,900. The property value of townhouses increased by 1.8%, you’ll have to spend around $446,633 to get one.