According to statistics, the population in Mineral, VA amounts to 594, which shows growth 11% compared to the previous year. The median age of the city’s residents is 39. The average household income is $49,167, shifting decline -15% from the past year, and the average property value in Mineral, VA decline -2% to $183,900 throughout the year.
|Number Of Employees||308|
|Median Property Value||$183,900|
The average household income in Mineral, VA declined from $57,969 to $49,167 in the past year. This data is an estimate based upon 200 households in Mineral, VA . The chart below presents how household income is distributed in Mineral, VA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Mineral, VA shifted from $188,400 to $183,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Mineral, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Mineral, VA properties falls in the '$200,000 to $249,999' 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 Mineral, VA compared to median property taxes around the country. The prevalent amount of property taxes in Mineral, VA equals $1150, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|1 bed for sale||$219,900||N/A|
|2 bed for sale||$240,000||-76.6%|
|3 bed for sale||$364,657||-42.4%|
|4+ bed for sale||$441,438||-4.9%|
During Aug 2022, the average price for an apartment in/near Mineral, VA decreased by 31.7% to $399,899.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $219,900 with no changes this month. Asking price for 2-bed apartment also decreased by 76.6% and a place of this size will now cost you $240,000. A 3-bed apartment goes for $364,657, it decreased by 42.4% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 4.9% and made it down to $441,438.
|Listing Type||Aug||vs Last Month|
|Lofts for sale||$648,000||N/A|
|Houses for sale||$464,331||-25.8%|
|Land for sale||$240,276||-45.1%|
|Condos for sale||$219,900||N/A|
Price reports demonstrate that house price decreased by 25.8% this month making it up to $464,331. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $219,900. The price statistics of lofts have not significantly changed, it now still goes for $648,000.