Median price for residential apartments in Semmes, AL as of Dec, 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.
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105 Semmes, AL, USA apartments for sale
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Semmes
According to statistics, the population in Semmes, AL amounts to 4,554, which shows growth 20% compared to the previous year. The median age of the city’s residents is 45. The average household income is $50,505, shifting growth 2% from the past year, and the average property value in Semmes, AL n/a% to $137,700 throughout the year.
| Population | 4,554 |
| Median Age | 45 |
| Poverty Rate | 7% |
| Household Income | $50,505 |
| Number Of Employees | 1,864 |
| Median Property Value | $137,700 |
Household Income
The average household income in Semmes, AL grew from $49,667 to $50,505 in the past year. This data is an estimate based upon 1,734 households in Semmes, AL . The chart below presents how household income is distributed in Semmes, AL in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Semmes, AL shifted from $137,700 to $137,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Semmes, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Semmes, AL properties falls in the '$125,000 to $149,999' 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 Semmes, AL compared to median property taxes around the country. The prevalent amount of property taxes in Semmes, AL equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Semmes, AL, USA
Average apartment sale in Semmes: $229,263 (-1.8%)
| Apartment Size | Dec | vs Last Month |
|---|---|---|
| Studio apartments | $22,400 | -69.1% |
| 3-bed apartments | $250,211 | -2.3% |
| 4+ bed apartments | $346,492 | +0.5% |
During Dec 2022, the average price for an apartment in/near Semmes, AL decreased by 1.8% to $229,263.
Knowing the current property prices is key if you plan to buy a studio in Semmes, AL. The average price for a studio has decreased since the last month, currently being $22,400. A 3-bed apartment goes for $250,211, it decreased by 2.3% lately. We discerned the rise of 4- and more bed apartment price. It increased by 0.5% and made it up to $346,492.
| Listing Type | Dec | vs Last Month |
|---|---|---|
| Houses for sale | $282,305 | -0.4% |
| Land for sale | $22,400 | -69.1% |
Price reports demonstrate that house price decreased by 0.4% this month making it up to $282,305. The average price of the land for sale in Semmes, AL has decreased by 69.1%, and now equals $22,400.
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