Property prices for sale in Cincinnati (Ohio)
The prices in real estate in Cincinnati, in the Ohio region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Cincinnati has remained the same in the last 6 months. In October, the average price per sq.feet was $177. In the following month the price per sq.feet decreased to $161. In the following two months the price per sq.feet has barely changed, going from $169 to $174 per sq.feet. The price per sq.feet has increased 112 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $171.5 to $192.5 during February, and March.
Based upon to the price in Cincinnati (cities), these have remained the same in the last 6 months. The average price for October is $323,480. During November the price had a slight fall till $294,224. In the following two months the average price has remained the same with regard to the previous two months from $308,852 to $301,820.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 124 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $356,495 they are 54 % more affordable than the average price for Cincinnati. The properties with the highest average price have 4 bedrooms, Their price is 28 % more costly than the average. After that we have properties with 3 bedrooms priced at $308,471.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $176 / sq.feet, with an average $186 / sq.feet price in Cincinnati. The properties with the highest average prices have 1 bedroom. They are 56 % more expensive than the average followed by properties with 2 bedrooms with a price at $207 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $356,495 it is 14 % cheaper than the average price in Cincinnati. "Condo" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "Commercial". At a price of $571,225 it is 73 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $165 / sq.feet followed by "Apartment" priced at $183 / sq.feet. "Land" is the most costly type of property with a $112,241 / sq.feet cost followed by "Commercial" with an average price of $1,610 / sq.feet.
