Median price for residential apartments in Mechanicsville, MD 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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9 Mechanicsville, MD 20659, USA apartments for sale
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Mechanicsville
According to statistics, the population in Mechanicsville, MD amounts to 1,779, which shows growth 4% compared to the previous year. The median age of the city’s residents is 38. The average household income is $106,898, shifting growth 3% from the past year, and the average property value in Mechanicsville, MD decline 0% to $338,400 throughout the year.
| Population | 1,779 |
| Median Age | 38.3 |
| Poverty Rate | 7% |
| Household Income | $106,898 |
| Number Of Employees | 903 |
| Median Property Value | $338,400 |
Household Income
The average household income in Mechanicsville, MD grew from $103,977 to $106,898 in the past year. This data is an estimate based upon 581 households in Mechanicsville, MD . The chart below presents how household income is distributed in Mechanicsville, MD in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Mechanicsville, MD shifted from $338,900 to $338,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Mechanicsville, MD in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Mechanicsville, MD properties falls in the '$300,000 to $399,999' 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 Mechanicsville, MD compared to median property taxes around the country. The prevalent amount of property taxes in Mechanicsville, MD equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Mechanicsville, MD 20659, USA
Average apartment sale in Mechanicsville: $179,150 (-0.5%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $135,000 | +0% |
| 4+ bed apartments | $399,900 | -1.3% |
During Jan 2023, the average price for an apartment in/near Mechanicsville, MD decreased by 0.5% to $179,150.
The average price of the land for sale in Mechanicsville, MD has not changed significantly since last month, being $135,000. We discerned the rise of 4- and more bed apartment pricing. It decreased by 1.3% and made it down to $399,900.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Land for sale | $135,000 | +0% |
| Houses for sale | $399,900 | -1.3% |
Price reports demonstrate that house price decreased by 1.3% this month making it up to $399,900. The average price of the land for sale in formattedAddress% has not changed significantly since last month, being $135,000.
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