The prices in real estate in Chillicothe, in the Ohio region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Chillicothe has increased during the last 6 months. In May, the average price per sq.feet was $83. In June this price pretty much remained the same at a value of $83 per sq.feet. The price for the following two months in (July, August) had a considerable increment of 172 %. The price per sq.feet has had a considerable deflation of 48 % 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 $112.75 to $54.5 during September, and October.
Based upon to the price in Chillicothe (cities), this has fallen considerably in the last 6 months. In our first sample month during May, the average price is $733,167. In June This price remains at $728,680. During the following two months (July, August) the average price had a considerable reduction of 12 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $410,921.75 to $101,065, which means a 25 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $121,877 they are 6 % more affordable than the average price for Chillicothe. The properties with the highest average price have 1 bedroom, Their price is 66 % more costly than the average. After that we have properties with 4 bedrooms priced at $200,521.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $66 / sq.feet, with an average $51 / sq.feet price in Chillicothe. The properties with the highest average prices have 1 bedroom. They are 98 % more expensive than the average followed by properties with 2 bedrooms with a price at $85 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $121,877 it is 40 % cheaper than the average price in Chillicothe. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Condo". At a price of $151,309 it is 35 % 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 $49 / sq.feet followed by "Office" priced at $59 / sq.feet. "Condo" is the most costly type of property with a $83 / sq.feet cost followed by "Detached House" with an average price of $79 / sq.feet.