Property prices for sale in Benton (Arkansas)
The prices in real estate in Benton, in the Arkansas 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 Benton has increased strongly during the last 6 months. In March, the average price per sq.feet was $1,250. In the following month the price per sq.feet increased considerably to $1,549. The price for the following two months in (May, June) had a considerable decrease of 15 with regard to the prior two months. The price per sq.feet has had a considerable increase of 341 % 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 $804.5 to $2,746.5 during July, and August.
Based upon to the price in Benton (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $322,318. In April This price remains at $311,398. In the following two months the average price has remained the same with regard to the previous two months from $316,858 to $311,446.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $314,152.25 and $328,528.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $336,953 they are 63 % more affordable than the average price for Benton. The properties with the highest average price have 4 bedrooms, Their price is 32 % more costly than the average. After that we have properties with 1 bedroom priced at $423,725.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $102 / sq.feet, with an average $3,114 / sq.feet price in Benton. The properties with the lowest average prices have 4 bedrooms. They are 95 % cheaper than the average followed by properties with 3 bedrooms with a price at $153 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $336,953 it is 85 % cheaper than the average price in Benton. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $313,571 it is 194 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $22 / sq.feet followed by "House" priced at $144 / sq.feet. "Commercial" is the cheapest type of property with a $167 / sq.feet value followed by "House" with an average price of $144 / sq.feet.
