The prices in real estate in Hubbard, in the Ohio 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 Hubbard has increased strongly during the last 6 months. In October, the average price per sq.feet was $102. In the following month the price per sq.feet increased to $109. The price for the following two months in (December, January) had a considerable increment of 117 %. The price per sq.feet has had a considerable increase of 131 % 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 $114.5 to $149.5 during February, and March.
Based upon to the price in Hubbard (cities), this has gone up in the last 6 months. The average price for October is $195,300. During November the price had a slight fall till $181,699. In the following two months the average price has remained the same with regard to the previous two months from $188,499.5 to $188,923. Based on an analysis of the first four prices and the last two months the average price has risen strongly 124 % 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 $228,009 they are 64 % more affordable than the average price for Hubbard. The properties with the highest average price have 3 bedrooms, Their price is 5 % more costly than the average. After that we have properties with 2 bedrooms priced at $178,135.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $20 / sq.feet, with an average $137 / sq.feet price in Hubbard. The properties with the lowest average prices have 3 bedrooms. They are 48 % cheaper than the average followed by properties with 2 bedrooms with a price at $51 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $228,009 it is 53 % cheaper than the average price in Hubbard. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $107,812 it is 45 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $10 / sq.feet followed by "House" priced at $20 / sq.feet. "House" is the cheapest type of property with a $20 / sq.feet value followed by "Apartment" with an average price of $10 / sq.feet.