The rent prices in real estate in Oxon Hill, in the Maryland region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Oxon Hill has risen during the last 6 months. In September, the average price per sq.feet was $1.87. In October this price barely changed remaining at $1.95 per sq.feet. The price for the following two months in (November, December) fell 95 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 116 % 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 $1.86 to $2.15 during January, and February.
When referring to the price in Oxon Hill (cities), this has risen in the last 6 months. The rent price in September is $1,708, rising in October till $1,840. During the following two months (November, December) the average price fell 89 % 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 had a strong increase of 120 % 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 $2,008 they are 16 % more affordable than the average price for Oxon Hill . The properties with the highest average price have 3 bedrooms, Their price is 46 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,816.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.31 / sq.feet, with an average $2.12 / sq.feet price in Oxon Hill. The properties with the most expensive average prices have 2 bedrooms. They are 8 % more expensive than the average followed by properties with 1 bedroom with a price at $2.26 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,008 it is 12 % more affordable than the average price in Oxon Hill. "House" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "". At a price of $2,609 it is 38 % 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 $1.65 / sq.feet followed by "Condo" priced at $2.25 / sq.feet. "Townhouse" is the most expensive type of property with a $2.74 / sq.feet value followed by "Condo" with an average price of $2.25 / sq.feet.