According to statistics, the population in Short Pump, VA amounts to 26,624, which shows decline -2% compared to the previous year. The median age of the city’s residents is 36. The average household income is $110,317, shifting decline -1% from the past year, and the average property value in Short Pump, VA growth 5% to $397,800 throughout the year.
|Number Of Employees||15,209|
|Median Property Value||$397,800|
The average household income in Short Pump, VA declined from $111,296 to $110,317 in the past year. This data is an estimate based upon 10,029 households in Short Pump, VA . The chart below presents how household income is distributed in Short Pump, VA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Short Pump, VA shifted from $379,700 to $397,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Short Pump, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Short Pump, VA properties falls in the '$400,000 to $499,999' 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 Short Pump, VA compared to median property taxes around the country. The prevalent amount of property taxes in Short Pump, VA equals $3000, which is less than the national average.
|Apartment Size||Feb||vs Last Month|
|4+ bed apartments||$664,137||-0.2%|
During March 2023, the average price for an apartment in/near Short Pump, VA decreased by 0.1% to $538,539.
Knowing the current property prices is key if you plan to buy a studio in Short Pump, VA. The average price for a studio has increased since the last month, currently being $524,564. After collecting all data points, we now see that the average price for 1-bed apartment stands at $341,430 with no changes this month. Asking price for 2-bed apartment also decreased by 2.4% and a place of this size will now cost you $344,279. A 3-bed apartment goes for $543,509, it decreased by 1.8% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 0.2% and made it down to $664,137.
|Listing Type||Feb||vs Last Month|
|Townhouses for sale||$450,316||-0.1%|
|Other for sale||$530,937||+0.1%|
|Houses for sale||$515,856||-7.4%|
|Condos for sale||$620,455||-0.6%|
|Lofts for sale||$701,053||-1.9%|
|Land for sale||$475,000||+0%|
Price reports demonstrate that house price decreased by 7.4% this month making it up to $515,856. Condos faced an upward trend these days. The median price for a condo decreased by 0.6%, it’s now available for $620,455. The price dynamics of lofts changed, it decreased by 1.9%, the price tag now starts at $701,053. The property value of townhouses decreased by 0.1%, you’ll have to spend around $450,316 to get one. The average price of the land for sale in formattedAddress% has not changed significantly since last month, being $475,000. The price for other types of properties for sale has changed since February, increased by 0.1%. Now, the price is $530,937 on average.