According to statistics, the population in Marfa, TX amounts to 1,885, which shows growth 3% compared to the previous year. The median age of the city’s residents is 41. The average household income is $42,647, shifting decline -3% from the past year, and the average property value in Marfa, TX decline -7% to $107,900 throughout the year.
|Number Of Employees||730|
|Median Property Value||$107,900|
The average household income in Marfa, TX declined from $44,107 to $42,647 in the past year. This data is an estimate based upon 624 households in Marfa, TX . The chart below presents how household income is distributed in Marfa, TX in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Marfa, TX shifted from $115,600 to $107,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Marfa, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Marfa, TX properties falls in the '$40,000 to $49,999' 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 Marfa, TX compared to median property taxes around the country. The prevalent amount of property taxes in Marfa, TX equals $800, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$290,000||N/A|
|1 bed for sale||$513,000||N/A|
|2 bed for sale||$825,070||N/A|
|3 bed for sale||$779,000||-28.3%|
|4+ bed for sale||$445,571||-22.4%|
During Jul 2022, the average price for an apartment in/near Marfa, TX decreased by 4.7% to $617,180.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $513,000 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $825,070. A 3-bed apartment goes for $779,000, it decreased by 28.3% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 22.4% and made it down to $445,571.
|Listing Type||Jul||vs Last Month|
|Apartments for sale||$290,000||N/A|
|Houses for sale||$957,764||-1.6%|
|Land for sale||$219,833||+126%|
While assessing the property pricing Marfa, TX, you can note that it remains flat with a price tag of $290,000. Price reports demonstrate that house price decreased by 1.6% this month making it up to $957,764.