Median price for residential apartments in as of Jun, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
372 Bessemer, AL, USA apartments for sale
$179,900
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Single Family
1800 Exeter Avenue, Bessemer, AL 35020, USA
3 Bed
2 Bath
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Bessemer
According to statistics, the population in Bessemer, AL amounts to 26,697, which shows decline -1% compared to the previous year. The median age of the city’s residents is 41. The average household income is $31,308, shifting growth 2% from the past year, and the average property value in Bessemer, AL decline -2% to $84,000 throughout the year.
| Population | 26,697 |
| Median Age | 40.5 |
| Poverty Rate | 30% |
| Household Income | $31,308 |
| Number Of Employees | 9,884 |
| Median Property Value | $84,000 |
Household Income
The average household income in Bessemer, AL grew from $30,682 to $31,308 in the past year. This data is an estimate based upon 10,469 households in Bessemer, AL . The chart below presents how household income is distributed in Bessemer, AL in comparison to the revenue allocation amid households nationally.
- USA
- Bessemer, AL
Property Value
According to data from last year, the average property value in Bessemer, AL shifted from $85,300 to $84,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bessemer, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bessemer, AL properties falls in the '$60,000 to $69,999' range, which is higher than the most significant median property across the country.
- USA
- Bessemer, AL
Rent vs. Own
- Rent55%
- Own45%
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 Bessemer, AL compared to median property taxes around the country. The prevalent amount of property taxes in Bessemer, AL equals $800, which is less than the national average.
- USA
- Bessemer, AL
Housing Trends
Bessemer, AL, USA Housing Trends
Average sale in Bessemer: $224,655 (-14%)
| Apartment Size | Jun | vs Last Month |
|---|---|---|
| 3 bed apartments | $252,718 | +15.5% |
| 4+ bed apartments | $154,500 | -49.2% |
During Jun 2021, the average price for an apartment in/near Bessemer, AL decreased by 14% to $224,655.
Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $252,718. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $154,500 for a big-family home.
| Listing Type | Jun | vs Last Month |
|---|---|---|
| Houses for sale | $240,700 | +0.2% |
| Apartments for sale | $68,000 | -74.3% |
| Lofts for sale | $301,090 | +1.2% |
While assessing the property pricing Bessemer, AL, you can note that it remains flat with a price tag of $68,000. According to statistics, average house is still $240,700 with no significant changes this month. The price statistics of lofts have not significantly changed, it now still goes for $301,090.
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