Median price for residential apartments in Loxley, AL 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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39 Loxley, AL 36551, USA apartments for sale
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Loxley
According to statistics, the population in Loxley, AL amounts to 1,825, which shows decline -1% compared to the previous year. The median age of the city’s residents is 31. The average household income is $47,043, shifting decline -6% from the past year, and the average property value in Loxley, AL growth 4% to $149,200 throughout the year.
| Population | 1,825 |
| Median Age | 31.3 |
| Poverty Rate | 20% |
| Household Income | $47,043 |
| Number Of Employees | 770 |
| Median Property Value | $149,200 |
Household Income
The average household income in Loxley, AL declined from $50,076 to $47,043 in the past year. This data is an estimate based upon 613 households in Loxley, AL . The chart below presents how household income is distributed in Loxley, AL in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Loxley, AL shifted from $143,800 to $149,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Loxley, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Loxley, AL properties falls in the '$100,000 to $124,999' 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 Loxley, AL compared to median property taxes around the country. The prevalent amount of property taxes in Loxley, AL equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Loxley, AL 36551, USA
Average apartment sale in Loxley: $270,253 (-18.3%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $187,050 | -37.2% |
| 1-bed apartments | $250,000 | +0% |
| 2-bed apartments | $279,150 | -7.5% |
| 3-bed apartments | $355,889 | -3.9% |
| 4+ bed apartments | $471,247 | +7.6% |
During Jan 2023, the average price for an apartment in/near Loxley, AL decreased by 18.3% to $270,253.
Knowing the current property prices is key if you plan to buy a studio in Loxley, AL. The average price for a studio has decreased since the last month, currently being $187,050. After collecting all data points, we now see that the average price for 1-bed apartment stands at $250,000 with no changes this month. Asking price for 2-bed apartment also decreased by 7.5% and a place of this size will now cost you $279,150. A 3-bed apartment goes for $355,889, it decreased by 3.9% lately. We discerned the rise of 4- and more bed apartment price. It increased by 7.6% and made it up to $471,247.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Townhouses for sale | $950,000 | +0% |
| Lofts for sale | $285,000 | +0% |
| Houses for sale | $289,665 | -10.7% |
| Land for sale | $187,050 | -37.2% |
Price reports demonstrate that house price decreased by 10.7% this month making it up to $289,665. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $285,000. The price statistics of lofts have not significantly changed, it now still goes for $285,000. Value of the townhouses didn’t change, the price still starts at $950,000. The average price of the land for sale in Loxley, AL has decreased by 37.2%, and now equals $187,050.
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