The prices in real estate in Massillon, in the Ohio 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.
The price per sq.feet in Massillon has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,842. In the following month the price per sq.feet decreased considerably to $1,351. The price for the following two months in (December, January) had a considerable decrease of 73 with regard to the prior two months. The price per sq.feet has had a considerable increase of 136 % 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 $1,382.5 to $1,877.5 during February, and March.
Based upon to the price in Massillon (cities), these have remained the same in the last 6 months. The average price for October is $247,875. During November the price had a slight fall till $230,316. During the following two months (December, January) the average price fell 94 % 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 gone up 109 % 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 $284,606 they are 64 % more affordable than the average price for Massillon. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 3 bedrooms priced at $273,257.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $121 / sq.feet, with an average $1,890 / sq.feet price in Massillon. The properties with the lowest average prices have 4 bedrooms. They are 10 % cheaper than the average followed by properties with 3 bedrooms with a price at $1,355 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $284,606 it is 53 % cheaper than the average price in Massillon. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $201,050 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $55 / sq.feet followed by "Condo" priced at $145 / sq.feet. "Land" is the most costly type of property with a $29,306 / sq.feet cost followed by "Duplex" with an average price of $4,104 / sq.feet.