Property prices for sale in Chocowinity (North Carolina)

The prices in real estate in Chocowinity, in the North Carolina 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.

$226,103.5
Average price last 6 months
$116.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Chocowinity has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $133. In the following month the price per sq.feet decreased to $126. The price for the following two months in (January, February) decreased 92 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 81 % 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 $124 to $101 during March, and April.

Average price

Based upon to the price in Chocowinity (cities), this has fallen considerably in the last 6 months. The average price for November is $336,475. During December the price had a slight fall till $292,862. During the following two months (January, February) the average price had a considerable reduction of 70 % 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 $267,826.75 to $142,657, which means a 53 % fall.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 98 % more costly than the average price of $282,024 in Chocowinity. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 98 % more expensive than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 5 % more costly than the average price of ($106 / sq.feet) in Chocowinity. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 5 % more costly than the average value aforementioned.

Price per property type

The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $142,657 it is 44 % cheaper than the average price in Chocowinity. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $79,270 it is 98 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $41 / sq.feet followed by "House" priced at $106 / sq.feet. "House" is the most costly type of property with a $106 / sq.feet cost followed by "Commercial" with an average price of $41 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Chocowinity
Number of properties used in region North Carolina
$142,657
$101
230
370,170
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value