The rent prices in real estate in Homestead, in the Pennsylvania region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Homestead has barely changed in the last 6 months. In November, the average price per sq.feet was $1.54. In the following month the price per sq.feet rose to $1.62. In the following two months the price per sq.feet has practically remained the same, going from $1.58 to $1.6 per sq.feet. The price per sq.feet has fallen 87 % 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 $1.59 to $1.38 during March, and April.
When referring to the price in Homestead (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,395. In December This price remains at $1,446. In the following two months the average price has hardly changed with regard to the previous two months from $1,420.5 to $1,447.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $1,434 to $1,278 in March and April.
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 $1,242 they are 13 % more affordable than the average price for Homestead . The properties with the highest average price have 2 bedrooms, Their price is 19 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,242.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.32 / sq.feet price in Homestead. The properties with the most expensive average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
According to average price per property type in Homestead, "" priced at $1,219 is 2 % lower than the average price ($1,242) in this city.