Median price for residential in as of Jul, 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.
381 Dothan, AL, USA apartments for sale
Dothan
According to statistics, the population in Dothan, AL amounts to 67,784, which shows decline 0% compared to the previous year. The median age of the city’s residents is 39. The average household income is $43,316, shifting growth 2% from the past year, and the average property value in Dothan, AL growth 2% to $143,800 throughout the year.
| Population | 67,784 |
| Median Age | 38.6 |
| Poverty Rate | 20% |
| Household Income | $43,316 |
| Number Of Employees | 28,749 |
| Median Property Value | $143,800 |
Household Income
The average household income in Dothan, AL grew from $42,569 to $43,316 in the past year. This data is an estimate based upon 26,086 households in Dothan, AL . The chart below presents how household income is distributed in Dothan, AL in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Dothan, AL shifted from $141,000 to $143,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Dothan, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Dothan, AL properties falls in the '$125,000 to $149,999' range, which is higher 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 Dothan, AL compared to median property taxes around the country. The prevalent amount of property taxes in Dothan, AL equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Dothan, AL, USA
Average sale in Dothan: $264,578 (+12.7%)
| Apartment Size | Jul | vs Last Month |
|---|---|---|
| Studio for sale | $71,491 | -13.9% |
| 1 bed for sale | $19,433 | N/A |
| 2 bed for sale | $137,642 | +15.5% |
| 3 bed for sale | $236,432 | +11.7% |
| 4+ bed for sale | $365,595 | +15.4% |
During Jul 2022, the average price for an apartment in/near Dothan, AL increased by 12.7% to $264,578.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $19,433 with no changes this month. Asking price for 2-bed apartment also increased by 15.5% and a place of this size will now cost you $137,642. A 3-bed apartment goes for $236,432, it increased by 11.7% lately. We discerned the rise of 4- and more bed apartment price. It increased by 15.4% and made it up to $365,595.
| Listing Type | Jul | vs Last Month |
|---|---|---|
| Houses for sale | $265,371 | +14.3% |
| Land for sale | $235,580 | -18.1% |
| Condos for sale | $152,450 | N/A |
| Duplexes for sale | $154,900 | N/A |
| Townhouses for sale | $136,900 | N/A |
Price reports demonstrate that house price increased by 14.3% this month making it up to $265,371. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $152,450. An average value of duplex is $154,900, thus a median price for a duplex remains the same this month. Value of the townhouses didn’t change, the price still starts at $136,900.