Property prices for sale in Greenback (Tennessee)
The prices in real estate in Greenback, 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 Greenback has increased strongly during the last 6 months. In October, the average price per sq.feet was $9,604. In the following month the price per sq.feet decreased considerably to $242. The price for the following two months in (December, January) had a considerable decrease of 25 with regard to the prior two months. The price per sq.feet has had a considerable increase of 1088 % 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 $3,074 to $33,435.5 during February, and March.
Based upon to the price in Greenback (cities), this has gone downing the last 6 months. The price in October is $477,305, rising in November till $524,866. In the following two months the average price has remained the same with regard to the previous two months from $501,085.5 to $522,576.5. During the last two months the average price has had a strong fall compared to the previous four going from $511,831 to $345,256.5, which means a 67 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $338,092 they are 31 % more affordable than the average price for Greenback. The properties with the highest average price have 4 bedrooms, Their price is 228 % more costly than the average. After that we have properties with 2 bedrooms priced at $506,192.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $117 / sq.feet, with an average $36,688 / sq.feet price in Greenback. The properties with the lowest average prices have 4 bedrooms. They are 99 % cheaper than the average followed by properties with 2 bedrooms with a price at $261 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most costly one. At an cost of $338,092 it is 3 % more expensive than the average price in Greenback. "Land" is seen as the second dearest property type. The dearest property type is "House" followed by "Land". At a price of $580,848 it is 83 % 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 $78 / sq.feet followed by "Land" priced at $147 / sq.feet. "House" is the cheapest type of property with a $200 / sq.feet value followed by "Land" with an average price of $147 / sq.feet.
