According to statistics, the population in Winchester, TN amounts to 8,467, which shows decline 0% compared to the previous year. The median age of the city’s residents is 47. The average household income is $44,659, shifting growth 9% from the past year, and the average property value in Winchester, TN growth 11% to $131,300 throughout the year.
|Number Of Employees||3,161|
|Median Property Value||$131,300|
The average household income in Winchester, TN grew from $40,902 to $44,659 in the past year. This data is an estimate based upon 3,647 households in Winchester, TN . The chart below presents how household income is distributed in Winchester, TN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Winchester, TN shifted from $118,600 to $131,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Winchester, TN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Winchester, TN properties falls in the '$90,000 to $99,999' range, which is lower 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 Winchester, TN compared to median property taxes around the country. The prevalent amount of property taxes in Winchester, TN equals $800, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$257,000||-34.4%|
|2 bed for sale||$92,400||-76.9%|
|3 bed for sale||$549,886||+26.3%|
|4+ bed for sale||$568,040||+7.3%|
During Jul 2022, the average price for an apartment in/near Winchester, TN decreased by 1.1% to $481,202.
Asking price for 2-bed apartment also decreased by 76.9% and a place of this size will now cost you $92,400. A 3-bed apartment goes for $549,886, it increased by 26.3% lately. We discerned the rise of 4- and more bed apartment price. It increased by 7.3% and made it up to $568,040.
|Listing Type||Jul||vs Last Month|
|Houses for sale||$525,174||-5.2%|
|Land for sale||$232,031||-7.9%|
|Apartments for sale||$149,900||N/A|
While assessing the property pricing Winchester, TN, you can note that it remains flat with a price tag of $149,900. Price reports demonstrate that house price decreased by 5.2% this month making it up to $525,174.