Median price for residential apartments in Thomasville, NC 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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276 Thomasville, NC 27360, USA apartments for sale
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Thomasville
According to statistics, the population in Thomasville, NC amounts to 26,901, which shows decline -1% compared to the previous year. The median age of the city’s residents is 39. The average household income is $38,181, shifting growth 4% from the past year, and the average property value in Thomasville, NC growth 2% to $112,400 throughout the year.
| Population | 26,901 |
| Median Age | 39.4 |
| Poverty Rate | 20% |
| Household Income | $38,181 |
| Number Of Employees | 11,797 |
| Median Property Value | $112,400 |
Household Income
The average household income in Thomasville, NC grew from $36,796 to $38,181 in the past year. This data is an estimate based upon 11,003 households in Thomasville, NC . The chart below presents how household income is distributed in Thomasville, NC in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Thomasville, NC shifted from $109,900 to $112,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Thomasville, NC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Thomasville, NC properties falls in the '$100,000 to $124,999' range, which is lower 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 Thomasville, NC compared to median property taxes around the country. The prevalent amount of property taxes in Thomasville, NC equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Thomasville, NC 27360, USA
Average apartment sale in Thomasville: $236,029 (+0.1%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $237,902 | +0.6% |
| 2-bed apartments | $127,450 | +50.1% |
| 3-bed apartments | $188,714 | -4% |
| 4+ bed apartments | $319,363 | -5.1% |
During Jan 2023, the average price for an apartment in/near Thomasville, NC increased by 0.1% to $236,029.
Knowing the current property prices is key if you plan to buy a studio in Thomasville, NC. The average price for a studio has increased since the last month, currently being $237,902. Asking price for 2-bed apartment also increased by 50.1% and a place of this size will now cost you $127,450. A 3-bed apartment goes for $188,714, it decreased by 4% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 5.1% and made it down to $319,363.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Other for sale | $219,882 | +0.5% |
| Lofts for sale | $430,000 | +0% |
| Houses for sale | $192,444 | -1.4% |
| Land for sale | $90,691 | +13.4% |
| Duplexes for sale | $1,380,000 | +0% |
While assessing the property pricing Thomasville, NC, you can note that it remains flat with a price tag of $140,900. Price reports demonstrate that house price decreased by 1.4% this month making it up to $192,444. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $197,450. An average value of duplex is $1,380,000, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $430,000. The average price of the land for sale in Thomasville, NC has increased by 13.4%, and now equals $90,691. The price for other types of properties for sale has changed since Dec, increased by 0.5%. Now, the price is $219,882 on average.
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