Median price for residential apartments in Prattville, AL as of Nov, 2022.
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.
192 Prattville, AL, USA apartments for sale
Prattville
According to statistics, the population in Prattville, AL amounts to 35,286, which shows decline 1% compared to the previous year. The median age of the city’s residents is 37. The average household income is $59,167, shifting growth 5% from the past year, and the average property value in Prattville, AL growth 5% to $157,900 throughout the year.
| Population | 35,286 |
| Median Age | 37.1 |
| Poverty Rate | 13% |
| Household Income | $59,167 |
| Number Of Employees | 15,737 |
| Median Property Value | $157,900 |
Household Income
The average household income in Prattville, AL grew from $56,364 to $59,167 in the past year. This data is an estimate based upon 13,710 households in Prattville, AL . The chart below presents how household income is distributed in Prattville, AL in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Prattville, AL shifted from $150,800 to $157,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Prattville, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Prattville, AL properties falls in the '$200,000 to $249,999' 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 Prattville, AL compared to median property taxes around the country. The prevalent amount of property taxes in Prattville, AL equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Prattville, AL, USA
Average apartment sale in Prattville: $240,837 (-0.8%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $117,338 | -64% |
| 1-bed apartments | $145,000 | N/A |
| 3-bed apartments | $198,748 | +9.4% |
| 4+ bed apartments | $327,885 | +2% |
During Nov 2022, the average price for an apartment in/near Prattville, AL decreased by 0.8% to $240,837.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $145,000 with no changes this month. A 3-bed apartment goes for $198,748, it increased by 9.4% lately. We discerned the rise of 4- and more bed apartment price. It increased by 2% and made it up to $327,885.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Other for sale | $190,000 | +0% |
| Apartments for sale | $219,900 | N/A |
| Condos for sale | $162,500 | N/A |
| Townhouses for sale | $162,500 | N/A |
| Land for sale | $110,579 | -68.1% |
| Houses for sale | $266,183 | +15.8% |
While assessing the property pricing Prattville, AL, you can note that it remains flat with a price tag of $219,900. Price reports demonstrate that house price increased by 15.8% this month making it up to $266,183. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $162,500. Value of the townhouses didn’t change, the price still starts at $162,500.