Median price for residential apartment in Blue Ridge, VA as of Aug, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
14 Blue Ridge, VA, USA apartments for sale
Blue Ridge
According to statistics, the population in Blue Ridge, VA amounts to 3,134, which shows growth 5% compared to the previous year. The median age of the city’s residents is 47. The average household income is $72,188, shifting growth 16% from the past year, and the average property value in Blue Ridge, VA growth 1% to $189,500 throughout the year.
| Population | 3,134 |
| Median Age | 47.1 |
| Poverty Rate | 5% |
| Household Income | $72,188 |
| Number Of Employees | 1,520 |
| Median Property Value | $189,500 |
Household Income
The average household income in Blue Ridge, VA grew from $62,070 to $72,188 in the past year. This data is an estimate based upon 1,267 households in Blue Ridge, VA . The chart below presents how household income is distributed in Blue Ridge, VA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Blue Ridge, VA shifted from $187,600 to $189,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Blue Ridge, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Blue Ridge, VA properties falls in the '$175,000 to $199,999' 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 Blue Ridge, VA compared to median property taxes around the country. The prevalent amount of property taxes in Blue Ridge, VA equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Blue Ridge, VA, USA
Average sale in Blue Ridge: $219,292 (-21.1%)
| Apartment Size | Aug | vs Last Month |
|---|---|---|
| Studio for sale | $39,000 | N/A |
| 3 bed for sale | $259,750 | N/A |
| 4+ bed for sale | $223,907 | -19.4% |
During Aug 2022, the average price for an apartment in/near Blue Ridge, VA decreased by 21.1% to $219,292.
Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $259,750. We discerned the rise of 4- and more bed apartment pricing. It decreased by 19.4% and made it down to $223,907.
| Listing Type | Aug | vs Last Month |
|---|---|---|
| Houses for sale | $237,991 | -14.3% |
| Land for sale | $181,893 | N/A |
Price reports demonstrate that house price decreased by 14.3% this month making it up to $237,991.