Property prices for sale in Estill Springs (Tennessee)
The prices in real estate in Estill Springs, in the Tennessee region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Estill Springs has increased strongly during the last 6 months. In November, the average price per sq.feet was $209. In December this price pretty much remained the same at a value of $215 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $212 to $226.5 per sq.feet. The price per sq.feet has had a considerable increase of 342 % 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 $219.25 to $750.5 during March, and April.
Based upon to the price in Estill Springs (cities), this has gone up considerably in the last 6 months. The price in November is $378,503, rising in December till $424,883. During the following two months (January, February) the price has had an average incrementation from $401,693 to $443,617. Based on an analysis of the first four prices and the last two months the average price has risen strongly 125 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $583,820 they are 72 % more affordable than the average price for Estill Springs. The properties with the lowest average price have 4 bedrooms, Their price is 18 % cheaper than the average. After that we have properties with 2 bedrooms priced at $409,314.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $190 / sq.feet, with an average $277 / sq.feet price in Estill Springs. The properties with the lowest average prices have 2 bedrooms. They are 20 % cheaper than the average followed by properties with 3 bedrooms with a price at $206 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $583,820 it is 78 % cheaper than the average price in Estill Springs. "House" is seen as the second most affordable property type. The cheapest type property is "Detached House" followed by "House". At a price of $383,818 it is 30 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $200 / sq.feet followed by "Detached House" priced at $209 / sq.feet. "Land" is the most costly type of property with a $39,225 / sq.feet cost followed by "Detached House" with an average price of $209 / sq.feet.
