Median price for residential apartments in Kernersville, NC as of Jan, 2023.
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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441 Kernersville, NC 27284, USA apartments for sale
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Kernersville
According to statistics, the population in Kernersville, NC amounts to 23,988, which shows growth 1% compared to the previous year. The median age of the city’s residents is 42. The average household income is $50,054, shifting growth 3% from the past year, and the average property value in Kernersville, NC decline 1% to $171,500 throughout the year.
| Population | 23,988 |
| Median Age | 41.8 |
| Poverty Rate | 14% |
| Household Income | $50,054 |
| Number Of Employees | 12,214 |
| Median Property Value | $171,500 |
Household Income
The average household income in Kernersville, NC grew from $48,383 to $50,054 in the past year. This data is an estimate based upon 10,289 households in Kernersville, NC . The chart below presents how household income is distributed in Kernersville, NC in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Kernersville, NC shifted from $170,200 to $171,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Kernersville, NC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Kernersville, NC properties falls in the '$125,000 to $149,999' 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 Kernersville, NC compared to median property taxes around the country. The prevalent amount of property taxes in Kernersville, NC equals $2500, which is less than the national average.
Housing Trends
How much does an apartment cost in Kernersville, NC 27284, USA
Average apartment sale in Kernersville: $332,562 (+3.3%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $284,708 | +0.7% |
| 1-bed apartments | $150,000 | N/A |
| 2-bed apartments | $264,966 | +34% |
| 3-bed apartments | $370,399 | +1.1% |
| 4+ bed apartments | $396,832 | +0.9% |
During Jan 2023, the average price for an apartment in/near Kernersville, NC increased by 3.3% to $332,562.
Knowing the current property prices is key if you plan to buy a studio in Kernersville, NC. The average price for a studio has increased since the last month, currently being $284,708. After collecting all data points, we now see that the average price for 1-bed apartment stands at $150,000 with no changes this month. Asking price for 2-bed apartment also increased by 34% and a place of this size will now cost you $264,966. A 3-bed apartment goes for $370,399, it increased by 1.1% lately. We discerned the rise of 4- and more bed apartment price. It increased by 0.9% and made it up to $396,832.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Other for sale | $301,694 | +0% |
| Lofts for sale | $395,789 | +0% |
| Land for sale | $29,916 | -22.2% |
| Houses for sale | $370,813 | +0.9% |
| Condos for sale | $350,783 | +48.9% |
Price reports demonstrate that house price increased by 0.9% this month making it up to $370,813. Condos are really in demand in this season. The median price for a condo increased by 48.9%, it’s now available for $350,783. The price dynamics of lofts changed, it increased by 0%, the price tag now starts at $395,789. The average price of the land for sale in Kernersville, NC has decreased by 22.2%, and now equals $29,916. Other types of properties for sale would cost $301,694 on average. Our data shows that this amount has stayed roughly the same compared to Dec.
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