Property prices for sale in Corbin (Kentucky)

The prices in real estate in Corbin, in the Kentucky 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.

$182,323
Average price last 6 months
$1,627.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Corbin has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $2,109. In the following month the price per sq.feet decreased considerably to $1,347. In the following two months the price per sq.feet has barely changed, going from $1,728 to $1,749 per sq.feet. 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 $1,738.5 to $1,404.5 during March, and April.

Average price

Based upon to the price in Corbin (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $171,833. During December the price went through a considerable rise reaching $205,940. In the following two months the average price has remained the same with regard to the previous two months from $188,886.5 to $190,969.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $189,928 to $167,113 in March and April.

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 $167,626 they are 47 % more affordable than the average price for Corbin. The properties with the highest average price have 4 bedrooms, Their price is 89 % more costly than the average. After that we have properties with 3 bedrooms priced at $264,025.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $41 / sq.feet, with an average $1,000 / sq.feet price in Corbin. The properties with the highest average prices have 4 bedrooms. They are 108 % more expensive than the average followed by properties with 3 bedrooms with a price at $976 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $167,626 it is 66 % cheaper than the average price in Corbin. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $273,354 it is 199 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $148 / sq.feet followed by "Land" priced at $535 / sq.feet. "House" is the most costly type of property with a $1,461 / sq.feet cost followed by "Land" with an average price of $535 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Corbin
Number of properties used in region Kentucky
$167,626
$1,000
2,896
247,604
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value