The prices in real estate in Lenoir City, in the Tennessee region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Lenoir City has remained the same in the last 6 months. In September, the average price per sq.feet was $245. In October this price pretty much remained the same at a value of $255 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $250 to $251 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 $250.5 to $247 during January y February
Based upon to the price in Lenoir City (cities), this has gone downing the last 6 months. In our first sample month during September, the average price is $625,949. In October This price remains at $626,455. During the following two months (November, December) the average price fell 90 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $594,622 to $550,632 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $540,874 they are 80 % more affordable than the average price for Lenoir City. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $485,692.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $79 / sq.feet, with an average $248 / sq.feet price in Lenoir City. The properties with the highest average prices have 2 bedrooms. They are 11 % more expensive than the average followed by properties with 3 bedrooms with a price at $252 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $540,874 it is 11 % cheaper than the average price in Lenoir City. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $656,331 it is 126 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $209 / sq.feet followed by "House" priced at $264 / sq.feet. "Land" is the most costly type of property with a $214,677 / sq.feet cost followed by "Detached House" with an average price of $332 / sq.feet.