Median price for residential apartments in Berryville, VA 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.
22 Berryville, VA 22611, USA apartments for sale
Berryville
According to statistics, the population in Berryville, VA amounts to 4,284, which shows decline 0% compared to the previous year. The median age of the city’s residents is 43. The average household income is $58,602, shifting growth 4% from the past year, and the average property value in Berryville, VA decline -5% to $292,600 throughout the year.
| Population | 4,284 |
| Median Age | 43.4 |
| Poverty Rate | 8% |
| Household Income | $58,602 |
| Number Of Employees | 1,988 |
| Median Property Value | $292,600 |
Household Income
The average household income in Berryville, VA grew from $56,563 to $58,602 in the past year. This data is an estimate based upon 1,554 households in Berryville, VA . The chart below presents how household income is distributed in Berryville, VA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Berryville, VA shifted from $307,200 to $292,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Berryville, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Berryville, VA properties falls in the '$300,000 to $399,999' 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 Berryville, VA compared to median property taxes around the country. The prevalent amount of property taxes in Berryville, VA equals $2500, which is less than the national average.
Housing Trends
How much does an apartment cost in Berryville, VA 22611, USA
Average apartment sale in Berryville: $396,467 (-34.6%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $130,000 | -77.4% |
| 2-bed apartments | $259,000 | -47.1% |
| 3-bed apartments | $333,619 | -1.9% |
| 4+ bed apartments | $567,191 | -27.7% |
During Nov 2022, the average price for an apartment in/near Berryville, VA decreased by 34.6% to $396,467.
Asking price for 2-bed apartment also decreased by 47.1% and a place of this size will now cost you $259,000. A 3-bed apartment goes for $333,619, it decreased by 1.9% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 27.7% and made it down to $567,191.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Houses for sale | $401,146 | -34% |
| Lofts for sale | $345,000 | +0% |
| Land for sale | $639,428 | N/A |
Price reports demonstrate that house price decreased by 34% this month making it up to $401,146. The price statistics of lofts have not significantly changed, it now still goes for $345,000.