The prices in real estate in Chillicothe, 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 Chillicothe has increased strongly during the last 6 months. In January, the average price per sq.feet was $56. In the following month the price per sq.feet increased considerably to $77. The price for the following two months in (March, April) had a considerable increment of 128 %. The price per sq.feet has increased 110 % 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 $75.75 to $83 during May, and June.
Based upon to the price in Chillicothe (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $107,463. During February the price went through a considerable rise reaching $677,686. During the following two months (March, April) the price has had an average incrementation from $392,574.5 to $447,583. Based on an analysis of the first four prices and the last two months the average price has risen strongly 174 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $728,680 they are 84 % more affordable than the average price for Chillicothe. The properties with the lowest average price have 1 bedroom, Their price is 72 % cheaper than the average. After that we have properties with 4 bedrooms priced at $201,327.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $70 / sq.feet, with an average $83 / sq.feet price in Chillicothe. The properties with the highest average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 2 bedrooms with a price at $89 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $728,680 it is 90 % cheaper than the average price in Chillicothe. "House" is seen as the second most affordable property type. The cheapest type property is "Detached House" followed by "Condo". At a price of $151,917 it is 77 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $53 / sq.feet followed by "Office" priced at $63 / sq.feet. "Condo" is the most costly type of property with a $87 / sq.feet cost followed by "Detached House" with an average price of $83 / sq.feet.