Median price for residential in as of Jun, 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.
85 Brainerd, MN 56401, USA apartments for sale
Brainerd
According to statistics, the population in Brainerd, MN amounts to 13,394, which shows decline 0% compared to the previous year. The median age of the city’s residents is 34. The average household income is $34,358, shifting growth 7% from the past year, and the average property value in Brainerd, MN growth 4% to $110,400 throughout the year.
| Population | 13,394 |
| Median Age | 34 |
| Poverty Rate | 16% |
| Household Income | $34,358 |
| Number Of Employees | 6,327 |
| Median Property Value | $110,400 |
Household Income
The average household income in Brainerd, MN grew from $32,154 to $34,358 in the past year. This data is an estimate based upon 5,831 households in Brainerd, MN . The chart below presents how household income is distributed in Brainerd, MN in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Brainerd, MN shifted from $106,400 to $110,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Brainerd, MN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Brainerd, MN 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 Brainerd, MN compared to median property taxes around the country. The prevalent amount of property taxes in Brainerd, MN equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Brainerd, MN 56401, USA
Average sale in Brainerd: $272,226 (-4%)
| Apartment Size | Jun | vs Last Month |
|---|---|---|
| Studio for sale | $229,900 | N/A |
| 1 bed for sale | $132,642 | +16.7% |
| 2 bed for sale | $171,420 | -22.2% |
| 3 bed for sale | $339,689 | +0.6% |
| 4+ bed for sale | $282,580 | -19.1% |
During Jun 2022, the average price for an apartment in/near Brainerd, MN decreased by 4% to $272,226.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 16.7% to $132,642. Asking price for 2-bed apartment also decreased by 22.2% and a place of this size will now cost you $171,420. A 3-bed apartment goes for $339,689, it increased by 0.6% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 19.1% and made it down to $282,580.
| Listing Type | Jun | vs Last Month |
|---|---|---|
| Apartments for sale | $229,900 | +6.9% |
| Lofts for sale | $584,986 | N/A |
| Houses for sale | $289,583 | -15.8% |
| Condos for sale | $259,900 | N/A |
| Land for sale | $142,540 | -32.5% |
| Townhouses for sale | $299,900 | N/A |
| Other for sale | $229,900 | N/A |
The average cost of an apartment in Brainerd, MN rised by 6.9% to $229,900. Price reports demonstrate that house price decreased by 15.8% this month making it up to $289,583. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $259,900. The price statistics of lofts have not significantly changed, it now still goes for $584,986. Value of the townhouses didn’t change, the price still starts at $299,900.