According to statistics, the population in Bristol, VA amounts to 17,077, which shows decline -2% compared to the previous year. The median age of the city’s residents is 42. The average household income is $37,844, shifting growth 6% from the past year, and the average property value in Bristol, VA growth 5% to $114,100 throughout the year.
|Number Of Employees||7,139|
|Median Property Value||$114,100|
The average household income in Bristol, VA grew from $35,801 to $37,844 in the past year. This data is an estimate based upon 7,418 households in Bristol, VA . The chart below presents how household income is distributed in Bristol, VA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Bristol, VA shifted from $109,100 to $114,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bristol, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bristol, VA properties falls in the '$125,000 to $149,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Bristol, VA compared to median property taxes around the country. The prevalent amount of property taxes in Bristol, VA equals $1150, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$132,400||-81.3%|
|2 bed for sale||$154,065||+47.4%|
|3 bed for sale||$231,806||+16.4%|
|4+ bed for sale||$487,023||+49.9%|
During Jul 2022, the average price for an apartment in/near Bristol, VA increased by 22.6% to $309,486.
Asking price for 2-bed apartment also increased by 47.4% and a place of this size will now cost you $154,065. A 3-bed apartment goes for $231,806, it increased by 16.4% lately. We discerned the rise of 4- and more bed apartment price. It increased by 49.9% and made it up to $487,023.
|Listing Type||Jul||vs Last Month|
|Townhouses for sale||$582,099||N/A|
|Houses for sale||$290,298||+31%|
|Land for sale||$506,625||+333.1%|
|Condos for sale||$218,265||+63.8%|
|Duplexes for sale||$219,900||-76.7%|
Price reports demonstrate that house price increased by 31% this month making it up to $290,298. Condos are really in demand in this season. The median price for a condo increased by 63.8%, it’s now available for $218,265. You can now purchase a duplex for just $219,900, duplex price decreased by 76.7% this month. Value of the townhouses didn’t change, the price still starts at $582,099.