Median price for residential apartments in Wetumpka, AL as of Nov, 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.
33 Wetumpka, AL, USA apartments for sale
Wetumpka
According to statistics, the population in Wetumpka, AL amounts to 7,799, which shows growth 2% compared to the previous year. The median age of the city’s residents is 38. The average household income is $41,774, shifting decline -5% from the past year, and the average property value in Wetumpka, AL decline -2% to $132,100 throughout the year.
| Population | 7,799 |
| Median Age | 37.8 |
| Poverty Rate | 12% |
| Household Income | $41,774 |
| Number Of Employees | 2,917 |
| Median Property Value | $132,100 |
Household Income
The average household income in Wetumpka, AL declined from $43,750 to $41,774 in the past year. This data is an estimate based upon 2,742 households in Wetumpka, AL . The chart below presents how household income is distributed in Wetumpka, AL in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Wetumpka, AL shifted from $135,300 to $132,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Wetumpka, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Wetumpka, 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 Wetumpka, AL compared to median property taxes around the country. The prevalent amount of property taxes in Wetumpka, AL equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Wetumpka, AL, USA
Average apartment sale in Wetumpka: $215,943 (-36.8%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $71,327 | +0.1% |
| 2-bed apartments | $120,000 | -42.2% |
| 3-bed apartments | $193,212 | -53.8% |
| 4+ bed apartments | $362,390 | +4.3% |
During Nov 2022, the average price for an apartment in/near Wetumpka, AL decreased by 36.8% to $215,943.
Asking price for 2-bed apartment also decreased by 42.2% and a place of this size will now cost you $120,000. A 3-bed apartment goes for $193,212, it decreased by 53.8% lately. We discerned the rise of 4- and more bed apartment price. It increased by 4.3% and made it up to $362,390.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Houses for sale | $272,532 | -26.5% |
| Land for sale | $71,327 | +0.1% |
Price reports demonstrate that house price decreased by 26.5% this month making it up to $272,532.