Median price for residential apartments in Bessemer City, NC 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.
54 Bessemer City, NC 28016, USA apartments for sale
Bessemer City
According to statistics, the population in Bessemer City, NC amounts to 5,411, which shows decline -1% compared to the previous year. The median age of the city’s residents is 39. The average household income is $35,921, shifting growth 11% from the past year, and the average property value in Bessemer City, NC growth 3% to $99,000 throughout the year.
| Population | 5,411 |
| Median Age | 38.8 |
| Poverty Rate | 19% |
| Household Income | $35,921 |
| Number Of Employees | 2,148 |
| Median Property Value | $99,000 |
Household Income
The average household income in Bessemer City, NC grew from $32,500 to $35,921 in the past year. This data is an estimate based upon 1,962 households in Bessemer City, NC . The chart below presents how household income is distributed in Bessemer City, NC in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Bessemer City, NC shifted from $96,200 to $99,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bessemer City, NC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bessemer City, NC properties falls in the '$100,000 to $124,999' 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 Bessemer City, NC compared to median property taxes around the country. The prevalent amount of property taxes in Bessemer City, NC equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Bessemer City, NC 28016, USA
Average apartment sale in Bessemer City: $212,002 (-30.7%)
| Apartment Size | Oct | vs Last Month |
|---|---|---|
| Studio apartments | $36,671 | -26.6% |
| 2-bed apartments | $114,260 | -38.2% |
| 3-bed apartments | $268,813 | -13.9% |
| 4+ bed apartments | $319,987 | -11.7% |
During Oct 2022, the average price for an apartment in/near Bessemer City, NC decreased by 30.7% to $212,002.
Asking price for 2-bed apartment also decreased by 38.2% and a place of this size will now cost you $114,260. A 3-bed apartment goes for $268,813, it decreased by 13.9% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 11.7% and made it down to $319,987.
| Listing Type | Oct | vs Last Month |
|---|---|---|
| Houses for sale | $249,570 | -22.1% |
| Lofts for sale | $425,000 | +13.7% |
| Land for sale | $36,671 | -26.6% |
Price reports demonstrate that house price decreased by 22.1% this month making it up to $249,570. The price dynamics of lofts changed, it increased by 13.7%, the price tag now starts at $425,000.