The prices in real estate in Huntington, in the West Virginia 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 Huntington has increased strongly during the last 6 months. In January, the average price per sq.feet was $67. In February this price pretty much remained the same at a value of $66 per sq.feet. The price for the following two months in (March, April) had a considerable increment of 568 %. The price per sq.feet has had a considerable increase of 384 % 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 $222.25 to $854.5 during May, and June.
Based upon to the price in Huntington (cities), these have remained the same in the last 6 months. The average price for January is $130,759. During February the price had a slight fall till $120,551. In the following two months the average price has remained the same with regard to the previous two months from $125,655 to $126,035. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $156,939 they are 39 % more affordable than the average price for Huntington. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 1 bedroom priced at $124,175.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $59 / sq.feet, with an average $928 / sq.feet price in Huntington. The properties with the lowest average prices have 1 bedroom. They are 38 % cheaper than the average followed by properties with 2 bedrooms with a price at $80 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $156,939 it is 38 % cheaper than the average price in Huntington. "Land" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $109,478 it is 30 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $53 / sq.feet followed by "Apartment" priced at $54 / sq.feet. "House" is the cheapest type of property with a $63 / sq.feet value followed by "Commercial" with an average price of $58 / sq.feet.