Median price for residential apartments in Sheridan, AR as of Jan, 2023.
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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209 Sheridan, AR 72150, USA apartments for sale
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Sheridan
According to statistics, the population in Sheridan, AR amounts to 4,850, which shows growth 1% compared to the previous year. The median age of the city’s residents is 34. The average household income is $44,936, shifting decline -4% from the past year, and the average property value in Sheridan, AR decline -3% to $141,400 throughout the year.
| Population | 4,850 |
| Median Age | 34.2 |
| Poverty Rate | 13% |
| Household Income | $44,936 |
| Number Of Employees | 1,969 |
| Median Property Value | $141,400 |
Household Income
The average household income in Sheridan, AR declined from $46,604 to $44,936 in the past year. This data is an estimate based upon 1,914 households in Sheridan, AR . The chart below presents how household income is distributed in Sheridan, AR in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Sheridan, AR shifted from $146,200 to $141,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Sheridan, AR in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Sheridan, AR properties falls in the '$100,000 to $124,999' 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 Sheridan, AR compared to median property taxes around the country. The prevalent amount of property taxes in Sheridan, AR equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Sheridan, AR 72150, USA
Average apartment sale in Sheridan: $180,803 (-0.4%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $87,670 | -0.8% |
| 1-bed apartments | $107,500 | +0% |
| 2-bed apartments | $54,566 | +10.2% |
| 3-bed apartments | $196,971 | -0.5% |
| 4+ bed apartments | $348,413 | -0.2% |
During Jan 2023, the average price for an apartment in/near Sheridan, AR decreased by 0.4% to $180,803.
Knowing the current property prices is key if you plan to buy a studio in Sheridan, AR. The average price for a studio has decreased since the last month, currently being $87,670. After collecting all data points, we now see that the average price for 1-bed apartment stands at $107,500 with no changes this month. Asking price for 2-bed apartment also increased by 10.2% and a place of this size will now cost you $54,566. A 3-bed apartment goes for $196,971, it decreased by 0.5% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 0.2% and made it down to $348,413.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Houses for sale | $251,103 | +0.2% |
| Land for sale | $87,670 | -0.8% |
Price reports demonstrate that house price increased by 0.2% this month making it up to $251,103. The average price of the land for sale in Sheridan, AR has decreased by 0.8%, and now equals $87,670.
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