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 October, the average price per sq.feet was $51. In the following month the price per sq.feet increased considerably to $99. The price for the following two months in (December, January) had a considerable increment of 147 %. The price per sq.feet has had a considerable increase of 353 % 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 $92.75 to $327 during February, and March.
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 October, is $121,877. During November the price went through a considerable rise reaching $232,587. During the following two months (December, January) the average price had a considerable increase of 140 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 295 % 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 $908,364 they are 87 % more affordable than the average price for Chillicothe. The properties with the lowest average price have 1 bedroom, Their price is 78 % cheaper than the average. After that we have properties with 4 bedrooms priced at $199,518.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $61 / sq.feet, with an average $533 / sq.feet price in Chillicothe. The properties with the lowest average prices have 1 bedroom. They are 82 % cheaper than the average followed by properties with 2 bedrooms with a price at $80 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $908,364 it is 92 % 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 $150,551 it is 82 % 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 $44 / sq.feet followed by "Office" priced at $54 / sq.feet. "Condo" is the cheapest type of property with a $78 / sq.feet value followed by "Detached House" with an average price of $74 / sq.feet.