Median price for residential apartments in Broadview Heights, OH as of Oct, 2022.
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.
96 Broadview Heights, OH 44147, USA apartments for sale
Broadview Heights
According to statistics, the population in Broadview Heights, OH amounts to 19,262, which shows decline 0% compared to the previous year. The median age of the city’s residents is 42. The average household income is $85,339, shifting growth 10% from the past year, and the average property value in Broadview Heights, OH growth 3% to $223,900 throughout the year.
| Population | 19,262 |
| Median Age | 42.1 |
| Poverty Rate | 3% |
| Household Income | $85,339 |
| Number Of Employees | 10,697 |
| Median Property Value | $223,900 |
Household Income
The average household income in Broadview Heights, OH grew from $77,480 to $85,339 in the past year. This data is an estimate based upon 7,561 households in Broadview Heights, OH . The chart below presents how household income is distributed in Broadview Heights, OH in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Broadview Heights, OH shifted from $217,600 to $223,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Broadview Heights, OH in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Broadview Heights, OH 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 Broadview Heights, OH compared to median property taxes around the country. The prevalent amount of property taxes in Broadview Heights, OH equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Broadview Heights, OH 44147, USA
Average apartment sale in Broadview Heights: $329,852 (-15.2%)
| Apartment Size | Oct | vs Last Month |
|---|---|---|
| Studio apartments | $261,400 | +54.2% |
| 1-bed apartments | $94,833 | +90% |
| 2-bed apartments | $152,245 | -31% |
| 3-bed apartments | $396,318 | +17.3% |
| 4+ bed apartments | $463,783 | -14.3% |
During Oct 2022, the average price for an apartment in/near Broadview Heights, OH decreased by 15.2% to $329,852.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 90% to $94,833. Asking price for 2-bed apartment also decreased by 31% and a place of this size will now cost you $152,245. A 3-bed apartment goes for $396,318, it increased by 17.3% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 14.3% and made it down to $463,783.
| Listing Type | Oct | vs Last Month |
|---|---|---|
| Condos for sale | $138,667 | -31.4% |
| Houses for sale | $459,833 | -4.6% |
| Land for sale | $261,400 | +54.2% |
| Lofts for sale | $358,425 | -2.6% |
| Townhouses for sale | $249,900 | N/A |
| Duplexes for sale | $449,900 | N/A |
Price reports demonstrate that house price decreased by 4.6% this month making it up to $459,833. Condos faced an upward trend these days. The median price for a condo decreased by 31.4%, it’s now available for $138,667. An average value of duplex is $449,900, thus a median price for a duplex remains the same this month. The price dynamics of lofts changed, it decreased by 2.6%, the price tag now starts at $358,425. Value of the townhouses didn’t change, the price still starts at $249,900.