The rent prices in real estate in Kernersville, in the North Carolina region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Kernersville has fallen during the last 6 months. In October, the average price per sq.feet was $1.39. In November this price barely changed remaining at $1.36 per sq.feet. The price for the following two months in (December, January) fell 93 % with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $1.33 to $1.23 during February, and March.
When referring to the price in Kernersville (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $1,755. In November This price remains at $1,702. During the following two months (December, January) the average price fell 91 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 105 % during the last two months.
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 $1,810 they are 42 % more affordable than the average price for Kernersville . The properties with the highest average price have 4 bedrooms, Their price is 16 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,919.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.11 / sq.feet, with an average $1.21 / sq.feet price in Kernersville. The properties with the most expensive average prices have 1 bedroom. They are 30 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.3 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,810 it is 35 % more affordable than the average price in Kernersville. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,718 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.17 / sq.feet followed by "Apartment" priced at $1.28 / sq.feet. "Apartment" is the most expensive type of property with a $1.28 / sq.feet value followed by "House" with an average price of $1.17 / sq.feet.