Property prices for sale in Lonaconing (Maryland)

The prices in real estate in Lonaconing, in the Maryland region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$101,141.83
Average price last 6 months
$1,527.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Lonaconing has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,885. In the following month the price per sq.feet decreased to $1,717. In the following two months the price per sq.feet has barely changed, going from $1,801 to $1,839 per sq.feet. The price per sq.feet has had a considerable deflation of 52 % 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 $1,820 to $942 during March, and April.

Average price

Based upon to the price in Lonaconing (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $63,570. During December the price went through a considerable rise reaching $94,640. During the following two months (January, February) the average price had a considerable increase of 136 % 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 126 % during the last two months.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Lonaconing
Number of properties used in region Maryland
$95,501
$57
124
316,562
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value