Median price for residential apartments in Bridgman, MI as of Jan, 2023.
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.
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7 Bridgman, MI 49106, USA apartments for sale
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Bridgman
According to statistics, the population in Bridgman, MI amounts to 2,397, which shows growth 8% compared to the previous year. The median age of the city’s residents is 40. The average household income is $60,000, shifting growth 27% from the past year, and the average property value in Bridgman, MI decline 1% to $167,800 throughout the year.
| Population | 2,397 |
| Median Age | 40.2 |
| Poverty Rate | 9% |
| Household Income | $60,000 |
| Number Of Employees | 1,088 |
| Median Property Value | $167,800 |
Household Income
The average household income in Bridgman, MI grew from $47,396 to $60,000 in the past year. This data is an estimate based upon 994 households in Bridgman, MI . The chart below presents how household income is distributed in Bridgman, MI in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Bridgman, MI shifted from $166,900 to $167,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bridgman, MI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bridgman, MI 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 Bridgman, MI compared to median property taxes around the country. The prevalent amount of property taxes in Bridgman, MI equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Bridgman, MI 49106, USA
Average apartment sale in Bridgman: $299,900 (-62%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| 3-bed apartments | $299,900 | N/A |
During Jan 2023, the average price for an apartment in/near Bridgman, MI decreased by 62% to $299,900.
Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $299,900. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $789,000 for a big-family home.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Houses for sale | $299,900 | -62% |
Price reports demonstrate that house price decreased by 62% this month making it up to $299,900.
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