Median price for residential apartments in Jemison, AL as of Dec, 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.
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41 Jemison, AL, USA apartments for sale
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Jemison
According to statistics, the population in Jemison, AL amounts to 2,618, which shows decline 0% compared to the previous year. The median age of the city’s residents is 31. The average household income is $40,982, shifting growth 3% from the past year, and the average property value in Jemison, AL growth 9% to $109,400 throughout the year.
| Population | 2,618 |
| Median Age | 30.9 |
| Poverty Rate | 22% |
| Household Income | $40,982 |
| Number Of Employees | 927 |
| Median Property Value | $109,400 |
Household Income
The average household income in Jemison, AL grew from $39,722 to $40,982 in the past year. This data is an estimate based upon 823 households in Jemison, AL . The chart below presents how household income is distributed in Jemison, AL in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Jemison, AL shifted from $100,200 to $109,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Jemison, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Jemison, AL properties falls in the '$150,000 to $174,999' 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 Jemison, AL compared to median property taxes around the country. The prevalent amount of property taxes in Jemison, AL equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Jemison, AL, USA
Average apartment sale in Jemison: $239,068 (-2.3%)
| Apartment Size | Dec | vs Last Month |
|---|---|---|
| Studio apartments | $213,333 | -0.6% |
| 2-bed apartments | $49,900 | +0% |
| 3-bed apartments | $234,683 | -5.2% |
| 4+ bed apartments | $300,228 | -0.8% |
During Dec 2022, the average price for an apartment in/near Jemison, AL decreased by 2.3% to $239,068.
Knowing the current property prices is key if you plan to buy a studio in Jemison, AL. The average price for a studio has decreased since the last month, currently being $213,333. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $49,900. A 3-bed apartment goes for $234,683, it decreased by 5.2% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 0.8% and made it down to $300,228.
| Listing Type | Dec | vs Last Month |
|---|---|---|
| Houses for sale | $253,462 | -2.9% |
| Land for sale | $213,333 | -3.6% |
While assessing the property pricing Jemison, AL, you can note that it remains flat with a price tag of $49,900. Price reports demonstrate that house price decreased by 2.9% this month making it up to $253,462. The average price of the land for sale in Jemison, AL has decreased by 3.6%, and now equals $213,333.
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