Property prices for sale in Lincolnton (North Carolina)
The prices in real estate in Lincolnton, in the North Carolina 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 Lincolnton has increased strongly during the last 6 months. In November, the average price per sq.feet was $198. In December this price pretty much remained the same at a value of $199 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 582 %. The price per sq.feet has had a considerable deflation of 66 % 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 $677.25 to $447.5 during March, and April.
Based upon to the price in Lincolnton (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $376,063. In December This price remains at $365,863. In the following two months the average price has remained the same with regard to the previous two months from $370,963 to $367,397. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % 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 $406,858 they are 85 % more affordable than the average price for Lincolnton. The properties with the lowest average price have 4 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 3 bedrooms priced at $327,945.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $59 / sq.feet, with an average $218 / sq.feet price in Lincolnton. The properties with the lowest average prices have 3 bedrooms. They are 19 % cheaper than the average followed by properties with 4 bedrooms with a price at $169 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $406,858 it is 82 % cheaper than the average price in Lincolnton. "Mobile Home" is seen as the second most affordable property type. The cheapest type property is "Detached House" followed by "Condo". At a price of $355,698 it is 10 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Mobile Home" at an average cost of $22 / sq.feet followed by "Apartment" priced at $48 / sq.feet. "House" is the cheapest type of property with a $187 / sq.feet value followed by "Condo" with an average price of $126 / sq.feet.
