The rent prices in real estate in Rutherfordton, 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 Rutherfordton has had a strong fall during the last 6 months. In September, the average price per sq.feet was $5. In October this price barely changed remaining at $5 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $5 to $5 per sq.feet. The price per sq.feet has had a considerable fall of 49 % 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 $5 to $2.46 during January, and February.
When referring to the price in Rutherfordton (cities), this has risen in the last 6 months. In our first sample month during September, the average price is $1,092. In October This price remains at $1,092. In the following two months the average price has hardly changed with regard to the previous two months from $1,092 to $1,092. 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 showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 45 % more affordable than the average price of $846 in Rutherfordton. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 45 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 4094 % more expensive than the average price of ($39 / sq.feet) in Rutherfordton. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 4094 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $1,533 it is 49 % more affordable than the average price in Rutherfordton. "Townhouse" is seen as the second most affordable property type. The most affordable property is "" followed by "Farm". At a price of $836 it is 30 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $22 / sq.feet followed by "Land" priced at $23 / sq.feet. "Farm" is the most expensive type of property with a $29 / sq.feet value followed by "Commercial" with an average price of $27 / sq.feet.