The prices in real estate in Benton, in the Louisiana 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 November, the average price per sq.feet was $1,136. In December this price pretty much remained the same at a value of $1,143 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 117 %. The price per sq.feet has had a considerable increase of 313 % 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 $1,237.75 to $3,869 during March, and April.
Based upon to the price in Benton (cities), these have remained the same in the last 6 months. The price in November is $335,426, rising in December till $356,674. In the following two months the average price has remained the same with regard to the previous two months from $346,050 to $359,722. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $352,886 to $322,363 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $336,462 they are 47 % more affordable than the average price for Benton. The properties with the highest average price have 4 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 1 bedroom priced at $381,236.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $173 / sq.feet, with an average $6,556 / sq.feet price in Benton. The properties with the lowest average prices have 1 bedroom. They are 92 % cheaper than the average followed by properties with 3 bedrooms with a price at $252 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $336,462 it is 43 % cheaper than the average price in Benton. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $191,096 it is 30 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $1,069 / sq.feet followed by "Land" priced at $17,006 / sq.feet. "Land" is the most costly type of property with a $17,006 / sq.feet cost followed by "House" with an average price of $1,069 / sq.feet.