The prices in real estate in Madisonville, in the Louisiana 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 Madisonville has remained the same in the last 6 months. In March, the average price per sq.feet was $170. In April this price pretty much remained the same at a value of $172 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $171 to $172 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 $171.5 to $168.5 during July y August
Based upon to the price in Madisonville (cities), this has gone downing the last 6 months. The average price for March is $463,863. During April the price had a slight fall till $430,004. In the following two months the average price has remained the same with regard to the previous two months from $446,933.5 to $451,317.5. 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 $449,125.5 to $418,681 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $424,647 they are 23 % more affordable than the average price for Madisonville. The properties with the lowest average price have 2 bedrooms, Their price is 17 % cheaper than the average. After that we have properties with 1 bedroom priced at $327,090.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $109 / sq.feet, with an average $170 / sq.feet price in Madisonville. The properties with the lowest average prices have 2 bedrooms. They are 35 % cheaper than the average followed by properties with 1 bedroom with a price at $109 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $424,647 it is 17 % cheaper than the average price in Madisonville. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "Townhouse". At a price of $370,921 it is 10 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $111 / sq.feet followed by "Commercial" priced at $119 / sq.feet. "Townhouse" is the cheapest type of property with a $121 / sq.feet value followed by "Commercial" with an average price of $119 / sq.feet.