Median price for residential apartments in Berry Hill, TN as of Oct, 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.
2 Berry Hill, TN, USA apartments for sale
Berry Hill
According to statistics, the population in Berry Hill, TN amounts to 891, which shows growth 12% compared to the previous year. The median age of the city’s residents is 29. The average household income is $53,750, shifting growth 3% from the past year, and the average property value in Berry Hill, TN decline 1% to $197,700 throughout the year.
| Population | 891 |
| Median Age | 29.3 |
| Poverty Rate | 16% |
| Household Income | $53,750 |
| Number Of Employees | 753 |
| Median Property Value | $197,700 |
Household Income
The average household income in Berry Hill, TN grew from $52,045 to $53,750 in the past year. This data is an estimate based upon 522 households in Berry Hill, TN . The chart below presents how household income is distributed in Berry Hill, TN in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Berry Hill, TN shifted from $195,800 to $197,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Berry Hill, TN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Berry Hill, TN properties falls in the '$200,000 to $249,999' 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 Berry Hill, TN compared to median property taxes around the country. The prevalent amount of property taxes in Berry Hill, TN equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Berry Hill, TN, USA
Average apartment sale in Berry Hill: $1,283,970 (-0%)
| Apartment Size | Oct | vs Last Month |
|---|---|---|
| Studio apartments | $3,900,000 | N/A |
| 1-bed apartments | $390,000 | N/A |
| 3-bed apartments | $709,950 | N/A |
During Oct 2022, the average price for an apartment in/near Berry Hill, TN remained flat at $1,283,970.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $390,000 with no changes this month. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $709,950.
| Listing Type | Oct | vs Last Month |
|---|---|---|
| Land for sale | $3,900,000 | N/A |
| Condos for sale | $623,317 | N/A |
| Houses for sale | $649,900 | N/A |
According to statistics, average house is still $649,900 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $623,317.