The rent prices in real estate in Crossville, in the Tennessee 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 Crossville has had a strong fall during the last 6 months. In October, the average price per sq.feet was $8.67. In the following month the price per sq.feet rose to $9.87. The price for the following two months in (December, January) had a considerable fall of 40 with regard to the previous two months. The price per sq.feet has fallen 91 % 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 $6.47 to $5.86 during February, and March.
When referring to the price in Crossville (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $18,082. During November the price went through a considerable rise reaching $20,860. During the following two months (December, January) the average price had a considerable fall of 35 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 87 %, going from $13,115.5 to $11,419.5 in 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 $9,883 they are 91 % more affordable than the average price for Crossville . The properties with the highest average price have 4 bedrooms, Their price is 406 % more expensive than the average. After that we have properties with 3 bedrooms priced at $8,075.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.61 / sq.feet, with an average $4.73 / sq.feet price in Crossville. The properties with the most expensive average prices have 4 bedrooms. They are 304 % more expensive than the average followed by properties with 3 bedrooms with a price at $5.11 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $9,883 it is 94 % more affordable than the average price in Crossville. "Land" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,250 it is 72 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1 / sq.feet followed by "Land" priced at $1.25 / sq.feet. "House" is the most expensive type of property with a $8.23 / sq.feet value followed by "Land" with an average price of $1.25 / sq.feet.