Property prices for sale in Corning (Ohio)
The prices in real estate in Corning, 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.
The price per sq.feet in Corning has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $3,115. In the following month the price per sq.feet decreased considerably to $860. The price for the following two months in (December, January) had a considerable decrease of 28 with regard to the prior two months. The price per sq.feet has increased 111 % 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 $1,270 to $1,408.5 during February, and March.
Based upon to the price in Corning (cities), this has fallen considerably in the last 6 months. The average price for October is $245,644. During November the price had a considerable reduction till $148,997. In the following two months the average price has remained the same with regard to the previous two months from $197,320.5 to $191,777. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $194,548.75 to $183,258.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $162,625 they are 61 % more affordable than the average price for Corning. The properties with the highest average price have 2 bedrooms, Their price is 184 % more costly than the average. After that we have properties with 4 bedrooms priced at $219,917.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $70 / sq.feet, with an average $1,634 / sq.feet price in Corning. The properties with the lowest average prices have 2 bedrooms. They are 93 % cheaper than the average followed by properties with 4 bedrooms with a price at $100 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $162,625 it is 12 % cheaper than the average price in Corning. "Land" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $142,820 it is 146 % 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 $89 / sq.feet followed by "Land" priced at $11,655 / sq.feet. "Land" is the most costly type of property with a $11,655 / sq.feet cost followed by "House" with an average price of $89 / sq.feet.
