Property prices for sale in Chippewa Lake (Ohio)

The prices in real estate in Chippewa Lake, in the Ohio region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$202,836.5
Average price last 6 months
$122.75
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Chippewa Lake has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $117. In March this price pretty much remained the same at a value of $117 per sq.feet. The price for the following two months in (April, May) had a considerable decrease of 50 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 80 % 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 $87.75 to $70 during June, and July.

Average price

Based upon to the price in Chippewa Lake (cities), this has fallen considerably in the last 6 months. In our first sample month during February, the average price is $198,263. In March This price remains at $198,563. During the following two months (April, May) the average price had a considerable reduction of 50 % 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 $148,847.25 to $107,978.5, which means a 73 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $215,957 they are 35 % more affordable than the average price for Chippewa Lake. The properties with the lowest average price have 2 bedrooms, Their price is 12 % cheaper than the average. After that we have properties with 1 bedroom priced at $140,933.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $114 / sq.feet, with an average $140 / sq.feet price in Chippewa Lake. The properties with the highest average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 2 bedrooms with a price at $114 / sq.feet.

Price per property type

With regard to the average price based upon the property in Chippewa Lake we can see that the cheapest property type is "House" at a price of $191,009, they are 12 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 12 % more affordable than the average price aforementioned.

According to the average area cost by sq.feet the cheapest property type is "House with an average price of $114 / sq.feet. "House" with an average cost of $114 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Chippewa Lake
Number of properties used in region Ohio
$215,957
$140
74
225,354
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value