According to statistics, the population in Opelika, AL amounts to 29,372, which shows growth 1% compared to the previous year. The median age of the city’s residents is 38. The average household income is $44,527, shifting growth 7% from the past year, and the average property value in Opelika, AL decline -1% to $151,400 throughout the year.
|Number Of Employees||13,492|
|Median Property Value||$151,400|
The average household income in Opelika, AL grew from $41,566 to $44,527 in the past year. This data is an estimate based upon 11,905 households in Opelika, AL . The chart below presents how household income is distributed in Opelika, AL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Opelika, AL shifted from $153,400 to $151,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Opelika, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Opelika, AL properties falls in the '$150,000 to $174,999' range, which is higher 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 Opelika, AL compared to median property taxes around the country. The prevalent amount of property taxes in Opelika, AL equals $800, which is less than the national average.
During Dec 2022, the average price for an apartment in/near Opelika, AL decreased by 0.8% to $352,177.
Knowing the current property prices is key if you plan to buy a studio in Opelika, AL. The average price for a studio has increased since the last month, currently being $207,220. Asking price for 2-bed apartment also decreased by 1.9% and a place of this size will now cost you $240,782. A 3-bed apartment goes for $277,462, it increased by 1.9% lately. We discerned the rise of 4- and more bed apartment price. It increased by 0.4% and made it up to $404,328.
Price reports demonstrate that house price decreased by 0.1% this month making it up to $359,930. Condos faced an upward trend these days. The median price for a condo decreased by 2.6%, it’s now available for $234,224. The price statistics of lofts have not significantly changed, it now still goes for $372,913. Value of the townhouses didn’t change, the price still starts at $255,000. The average price of the land for sale in Opelika, AL has increased by 185.4%, and now equals $175,975. Other types of properties for sale would cost $265,928 on average. Our data shows that this amount has stayed roughly the same compared to Nov.