Property prices for sale in Frenchburg (Kentucky)
The prices in real estate in Frenchburg, in the Kentucky 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 Frenchburg has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,447. In the following month the price per sq.feet increased considerably to $5,469. The price for the following two months in (December, January) had a considerable decrease of 15 with regard to the prior two months. The price per sq.feet has had a considerable increase of 293 % 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 $1,988.5 to $5,818.5 during February, and March.
Based upon to the price in Frenchburg (cities), this has gone downing the last 6 months. The average price for October is $193,618. During November the price had a slight fall till $167,798. In the following two months the average price has remained the same with regard to the previous two months from $180,708 to $176,063. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $197,509 they are 16 % more affordable than the average price for Frenchburg. The properties with the highest average price have 2 bedrooms, Their price is 52 % more costly than the average. After that we have properties with 3 bedrooms priced at $204,375.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $152 / sq.feet, with an average $5,478 / sq.feet price in Frenchburg. The properties with the highest average prices have 4 bedrooms. They are 130 % more expensive than the average followed by properties with 1 bedroom with a price at $372 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $197,509 it is 61 % cheaper than the average price in Frenchburg. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $78,000 it is 10 % 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 $225 / sq.feet followed by "Land" priced at $31,000 / sq.feet. "Land" is the most costly type of property with a $31,000 / sq.feet cost followed by "House" with an average price of $225 / sq.feet.
