Median price for residential apartments in Birch Bay, WA 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.
86 Birch Bay, WA, USA apartments for sale
Birch Bay
According to statistics, the population in Birch Bay, WA amounts to 8,642, which shows growth 7% compared to the previous year. The median age of the city’s residents is 52. The average household income is $55,473, shifting growth 2% from the past year, and the average property value in Birch Bay, WA growth 5% to $248,200 throughout the year.
| Population | 8,642 |
| Median Age | 51.5 |
| Poverty Rate | 20% |
| Household Income | $55,473 |
| Number Of Employees | 3,357 |
| Median Property Value | $248,200 |
Household Income
The average household income in Birch Bay, WA grew from $54,156 to $55,473 in the past year. This data is an estimate based upon 3,823 households in Birch Bay, WA . The chart below presents how household income is distributed in Birch Bay, WA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Birch Bay, WA shifted from $237,500 to $248,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Birch Bay, WA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Birch Bay, WA 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 Birch Bay, WA compared to median property taxes around the country. The prevalent amount of property taxes in Birch Bay, WA equals $2500, which is less than the national average.
Housing Trends
How much does an apartment cost in Birch Bay, WA, USA
Average apartment sale in Birch Bay: $609,242 (+5.4%)
| Apartment Size | Oct | vs Last Month |
|---|---|---|
| Studio apartments | $620,467 | +1% |
| 1-bed apartments | $349,000 | N/A |
| 2-bed apartments | $364,920 | -27% |
| 3-bed apartments | $698,714 | +34.9% |
| 4+ bed apartments | $746,680 | +6.8% |
During Oct 2022, the average price for an apartment in/near Birch Bay, WA increased by 5.4% to $609,242.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $349,000 with no changes this month. Asking price for 2-bed apartment also decreased by 27% and a place of this size will now cost you $364,920. A 3-bed apartment goes for $698,714, it increased by 34.9% lately. We discerned the rise of 4- and more bed apartment price. It increased by 6.8% and made it up to $746,680.
| Listing Type | Oct | vs Last Month |
|---|---|---|
| Apartments for sale | $356,111 | +56.8% |
| Houses for sale | $694,954 | -19.2% |
| Land for sale | $1,017,000 | +630.8% |
| Condos for sale | $352,720 | -14% |
The average cost of an apartment in Birch Bay, WA rised by 56.8% to $356,111. Price reports demonstrate that house price decreased by 19.2% this month making it up to $694,954. Condos faced an upward trend these days. The median price for a condo decreased by 14%, it’s now available for $352,720.