The prices in real estate in Lenoir City, in the Tennessee 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 Lenoir City has increased during the last 6 months. In January, the average price per sq.feet was $130. In the following month the price per sq.feet increased to $149. In the following two months the price per sq.feet has barely changed, going from $139.5 to $145 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $142.25 to $147.5 during May y June
Based upon to the price in Lenoir City (cities), these have remained the same in the last 6 months. The average price for January is $350,471. During February the price had a slight fall till $326,528. During the following two months (March, April) the average price fell 89 % 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 risen strongly 120 % 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 $375,577 they are 56 % more affordable than the average price for Lenoir City. The properties with the lowest average price have 4 bedrooms, Their price is 29 % cheaper than the average. After that we have properties with 1 bedroom priced at $165,845.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $95 / sq.feet, with an average $142 / sq.feet price in Lenoir City. The properties with the highest average prices have 4 bedrooms. They are 411 % more expensive than the average followed by properties with 1 bedroom with a price at $95 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $375,577 it is 43 % cheaper than the average price in Lenoir City. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $212,353 it is 29 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $111 / sq.feet followed by "House" priced at $726 / sq.feet. "House" is the most costly type of property with a $726 / sq.feet cost followed by "Townhouse" with an average price of $111 / sq.feet.