Median price for residential apartment in Boaz, AL 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.
48 Boaz, AL, USA apartments for sale
Boaz
According to statistics, the population in Boaz, AL amounts to 9,580, which shows decline -1% compared to the previous year. The median age of the city’s residents is 37. The average household income is $41,488, shifting growth 5% from the past year, and the average property value in Boaz, AL growth 4% to $111,400 throughout the year.
| Population | 9,580 |
| Median Age | 36.8 |
| Poverty Rate | 19% |
| Household Income | $41,488 |
| Number Of Employees | 3,858 |
| Median Property Value | $111,400 |
Household Income
The average household income in Boaz, AL grew from $39,328 to $41,488 in the past year. This data is an estimate based upon 3,494 households in Boaz, AL . The chart below presents how household income is distributed in Boaz, AL in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Boaz, AL shifted from $107,600 to $111,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Boaz, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Boaz, AL properties falls in the '$100,000 to $124,999' 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 Boaz, AL compared to median property taxes around the country. The prevalent amount of property taxes in Boaz, AL equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Boaz, AL, USA
Average sale in Boaz: $241,262 (-17.3%)
| Apartment Size | Aug | vs Last Month |
|---|---|---|
| 2 bed for sale | $268,266 | +41.3% |
| 3 bed for sale | $258,122 | -24.9% |
| 4+ bed for sale | $225,746 | -14.8% |
During Aug 2022, the average price for an apartment in/near Boaz, AL decreased by 17.3% to $241,262.
Asking price for 2-bed apartment also increased by 41.3% and a place of this size will now cost you $268,266. A 3-bed apartment goes for $258,122, it decreased by 24.9% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 14.8% and made it down to $225,746.
| Listing Type | Aug | vs Last Month |
|---|---|---|
| Land for sale | $150,812 | +873% |
| Houses for sale | $278,205 | -12.2% |
| Other for sale | $299,900 | N/A |
Price reports demonstrate that house price decreased by 12.2% this month making it up to $278,205.