Property prices for sale in Henrico (North Carolina)
The prices in real estate in Henrico, in the North Carolina region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Henrico has increased during the last 6 months. In October, the average price per sq.feet was $234. In November this price pretty much remained the same at a value of $230 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $232 to $229 per sq.feet. The price per sq.feet has had a considerable increase of 120 % 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 $230.5 to $275.5 during February, and March.
Based upon to the price in Henrico (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $455,994. In November This price remains at $435,182. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 $444,014 they are 56 % more affordable than the average price for Henrico. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 3 bedrooms priced at $365,979.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $189 / sq.feet, with an average $302 / sq.feet price in Henrico. The properties with the lowest average prices have 2 bedrooms. They are 12 % cheaper than the average followed by properties with 3 bedrooms with a price at $243 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $444,014 it is 77 % cheaper than the average price in Henrico. "Duplex" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $451,208 it is 144 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $88 / sq.feet followed by "Townhouse" priced at $223 / sq.feet. "Land" is the most costly type of property with a $12,662 / sq.feet cost followed by "Detached House" with an average price of $524 / sq.feet.
