According to statistics, the population in Broadway, VA amounts to 3,793, which shows decline 0% compared to the previous year. The median age of the city’s residents is 34. The average household income is $44,852, shifting decline -9% from the past year, and the average property value in Broadway, VA decline -4% to $197,200 throughout the year.
|Number Of Employees||1,986|
|Median Property Value||$197,200|
The average household income in Broadway, VA declined from $49,226 to $44,852 in the past year. This data is an estimate based upon 1,599 households in Broadway, VA . The chart below presents how household income is distributed in Broadway, VA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Broadway, VA shifted from $205,400 to $197,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Broadway, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Broadway, VA properties falls in the '$200,000 to $249,999' 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 Broadway, VA compared to median property taxes around the country. The prevalent amount of property taxes in Broadway, VA equals $1150, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|2 bed for sale||$240,000||+55.8%|
|3 bed for sale||$479,160||+62.1%|
|4+ bed for sale||$332,150||+87.2%|
During Jul 2022, the average price for an apartment in/near Broadway, VA increased by 69.1% to $413,205.
Asking price for 2-bed apartment also increased by 55.8% and a place of this size will now cost you $240,000. A 3-bed apartment goes for $479,160, it increased by 62.1% lately. We discerned the rise of 4- and more bed apartment price. It increased by 87.2% and made it up to $332,150.
|Listing Type||Jul||vs Last Month|
|Condos for sale||$219,900||N/A|
|Houses for sale||$459,038||+45.7%|
|Land for sale||$96,790||N/A|
|Townhouses for sale||$264,250||+25.9%|
Price reports demonstrate that house price increased by 45.7% this month making it up to $459,038. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $219,900. The property value of townhouses increased by 25.9%, you’ll have to spend around $264,250 to get one.