According to statistics, the population in Reedley, CA amounts to 25,419, which shows decline 1% compared to the previous year. The median age of the city’s residents is 32. The average household income is $43,036, shifting decline -2% from the past year, and the average property value in Reedley, CA growth 2% to $174,100 throughout the year.
|Number Of Employees||9,695|
|Median Property Value||$174,100|
The average household income in Reedley, CA declined from $43,907 to $43,036 in the past year. This data is an estimate based upon 7,351 households in Reedley, CA . The chart below presents how household income is distributed in Reedley, CA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Reedley, CA shifted from $170,300 to $174,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Reedley, CA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Reedley, CA properties falls in the '$150,000 to $174,999' 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 Reedley, CA compared to median property taxes around the country. The prevalent amount of property taxes in Reedley, CA equals $1150, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$43,333||-94.4%|
|1 bed for sale||$169,999||N/A|
|2 bed for sale||$333,475||+95%|
|3 bed for sale||$440,272||-4.6%|
|4+ bed for sale||$403,617||-1.3%|
During Aug 2022, the average price for an apartment in/near Reedley, CA decreased by 6.3% to $392,054.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $169,999 with no changes this month. Asking price for 2-bed apartment also increased by 95% and a place of this size will now cost you $333,475. A 3-bed apartment goes for $440,272, it decreased by 4.6% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 1.3% and made it down to $403,617.
|Listing Type||Aug||vs Last Month|
|Houses for sale||$416,014||-0.5%|
|Apartments for sale||$43,333||N/A|
|Lofts for sale||$399,990||N/A|
While assessing the property pricing Reedley, CA, you can note that it remains flat with a price tag of $43,333. Price reports demonstrate that house price decreased by 0.5% this month making it up to $416,014. The price statistics of lofts have not significantly changed, it now still goes for $399,990.