Property prices for rent in Mars Hill (North Carolina)
The rent prices in real estate in Mars Hill, in the North Carolina 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 Mars Hill has had a strong fall during the last 6 months. In March, the average price per sq.feet was $6.64. In the following month the price per sq.feet fell considerably to $5. The price for the following two months in (May, June) had a considerable fall of 17 with regard to the previous two months. The price per sq.feet has had a considerable rise of 205 % 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 $3.41 to $7 during July, and August.
When referring to the price in Mars Hill (cities), there have hardly been any changes in the last 6 months. The average price for March is $1,952. During April the price had a considerable fall till $1,594. During the following two months (May, June) the average price had a considerable rise of 140 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,128.5 to $1,753, which means a 82 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,964 they are 29 % more affordable than the average price for Mars Hill . The properties with the highest average price have 3 bedrooms, Their price is 23 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,674.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 29 % more affordable than the average price of ($5 / sq.feet) in Mars Hill. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 29 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,964 it is 48 % more affordable than the average price in Mars Hill. "Land" is seen as the second most affordable property type. The most affordable property is "Land" followed by "". At a price of $1,013 it is 29 % more affordable than the average price.
According to the average area price by sq.feet the most affordable property type is "Land with an average cost of $5 / sq.feet. "Land" with an average price of $5 / sq.feet has the most affordable price and would be directed at less affluent cities.
