The rent prices in real estate in Mc Cordsville, in the Indiana 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 Mc Cordsville has fallen during the last 6 months. In October, the average price per sq.feet was $1.19. In November this price barely changed remaining at $1.18 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.18 to $1.16 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 $1.17 to $1.01 during February, and March.
When referring to the price in Mc Cordsville (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $1,745. In November This price remains at $1,727. In the following two months the average price has hardly changed with regard to the previous two months from $1,736 to $1,721. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 133 % 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 $2,520 they are 49 % more affordable than the average price for Mc Cordsville . The properties with the lowest average price have 4 bedrooms, Their price is 11 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,673.
With regard to the average prices per sq.feet those properties with 1 bedroom are 3 % more expensive than the average price of ($1 / sq.feet) in Mc Cordsville. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 3 % more expensive than the average value aforementioned.
According to average price per property type in Mc Cordsville, "" priced at $1,387 is 45 % lower than the average price ($2,520) in this city.