The prices in real estate in Bellefontaine, in the Ohio region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Bellefontaine has increased strongly during the last 6 months. In October, the average price per sq.feet was $174. In the following month the price per sq.feet decreased to $164. In the following two months the price per sq.feet has barely changed, going from $169 to $167.5 per sq.feet. The price per sq.feet has had a considerable increase of 429 % 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 $168.25 to $721.5 during February, and March.
Based upon to the price in Bellefontaine (cities), this has gone up in the last 6 months. The price in October is $244,396, rising in November till $256,902. In the following two months the average price has remained the same with regard to the previous two months from $250,649 to $260,371. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $281,373 they are 94 % more affordable than the average price for Bellefontaine. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at $269,202.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $149 / sq.feet, with an average $949 / sq.feet price in Bellefontaine. The properties with the highest average prices have 1 bedroom. They are 949 % more expensive than the average followed by properties with 3 bedrooms with a price at $175 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $281,373 it is 11 % cheaper than the average price in Bellefontaine. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $306,390 it is 472 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $148 / sq.feet followed by "House" priced at $155 / sq.feet. "Land" is the most costly type of property with a $47,421 / sq.feet cost followed by "Condo" with an average price of $213 / sq.feet.