The rent prices in real estate in Thorntown, in the Indiana 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 Thorntown has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.22. In the following month the price per sq.feet fell considerably to . The price for the following two months in (December, January) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 375 % 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 $0.31 to $1.14 during February, and March.
When referring to the price in Thorntown (cities), this has fallen considerably in the last 6 months. The average price for October is $1,298. During November the price had a considerable fall till $692. During the following two months (December, January) the price has had an average rise from $995 to $1,131.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 116 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $1,075 they are 38 % more affordable than the average price for Thorntown . The properties with the highest average price have 2 bedrooms, Their price is 43 % more expensive than the average. After that we have properties with 1 bedroom priced at $790.
According to average price per property type in Thorntown, "" priced at $564 is 48 % lower than the average price ($1,075) in this city.