According to statistics, the population in Mishawaka, IN amounts to 48,582, which shows decline 1% compared to the previous year. The median age of the city’s residents is 35. The average household income is $39,821, shifting growth 4% from the past year, and the average property value in Mishawaka, IN growth 1% to $93,300 throughout the year.
|Number Of Employees||23,697|
|Median Property Value||$93,300|
The average household income in Mishawaka, IN grew from $38,183 to $39,821 in the past year. This data is an estimate based upon 20,568 households in Mishawaka, IN . The chart below presents how household income is distributed in Mishawaka, IN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Mishawaka, IN shifted from $92,000 to $93,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Mishawaka, IN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Mishawaka, IN properties falls in the '$100,000 to $124,999' 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 Mishawaka, IN compared to median property taxes around the country. The prevalent amount of property taxes in Mishawaka, IN equals $800, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$190,000||N/A|
|1 bed for sale||$47,300||N/A|
|2 bed for sale||$161,224||-2.7%|
|3 bed for sale||$190,836||+2.1%|
|4+ bed for sale||$313,900||+35.5%|
During Jul 2022, the average price for an apartment in/near Mishawaka, IN increased by 0.7% to $196,304.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $47,300 with no changes this month. Asking price for 2-bed apartment also decreased by 2.7% and a place of this size will now cost you $161,224. A 3-bed apartment goes for $190,836, it increased by 2.1% lately. We discerned the rise of 4- and more bed apartment price. It increased by 35.5% and made it up to $313,900.
|Listing Type||Jul||vs Last Month|
|Apartments for sale||$190,000||N/A|
|Houses for sale||$183,919||-6.7%|
|Condos for sale||$464,633||+44.7%|
|Duplexes for sale||$185,000||N/A|
|Land for sale||$100,396||N/A|
While assessing the property pricing Mishawaka, IN, you can note that it remains flat with a price tag of $190,000. Price reports demonstrate that house price decreased by 6.7% this month making it up to $183,919. Condos are really in demand in this season. The median price for a condo increased by 44.7%, it’s now available for $464,633. An average value of duplex is $185,000, thus a median price for a duplex remains the same this month.