The rent prices in real estate in Carthage, in the Missouri region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Carthage has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.3. In the following month the price per sq.feet fell to $1.13. The price for the following two months in (December, January) fell 87 % with regard to the previous two months. The price per sq.feet has fallen 85 % 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 $1.13 to $0.97 during February, and March.
When referring to the price in Carthage (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $817. In November This price remains at $844. During the following two months (December, January) the price has had an average rise from $830.5 to $918. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $874.25 and $873.5 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $821 they are 30 % more affordable than the average price for Carthage . The properties with the highest average price have 4 bedrooms, Their price is 78 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,207.
With regard to the average prices per sq.feet those properties with 1 bedroom are 6 % more expensive than the average price of ($0.95 / sq.feet) in Carthage. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 6 % more expensive than the average value aforementioned.
According to average price per property type in Carthage, "" priced at $805 is 2 % lower than the average price ($821) in this city.