Property prices for sale in Montevallo (Alabama)

The prices in real estate in Montevallo, in the Alabama 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.

$267,305.33
Average price last 6 months
$1,852.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Montevallo has increased strongly during the last 6 months. In November, the average price per sq.feet was $163. In December this price pretty much remained the same at a value of $161 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 1929 %. The price per sq.feet has had a considerable increase of 138 % 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 $1,643.75 to $2,271 during March, and April.

Average price

Based upon to the price in Montevallo (cities), this has gone downing the last 6 months. The average price for November is $279,898. During December the price had a slight fall till $259,646. During the following two months (January, February) the price has had an average incrementation from $269,772 to $284,795.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $277,283.75 to $247,348.5 in March and April.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $253,047 they are 40 % more affordable than the average price for Montevallo. The properties with the lowest average price have 1 bedroom, Their price is 39 % cheaper than the average. After that we have properties with 2 bedrooms priced at $152,041.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $50 / sq.feet, with an average $165 / sq.feet price in Montevallo. The properties with the highest average prices have 2 bedrooms. They are 75 % more expensive than the average followed by properties with 1 bedroom with a price at $50 / sq.feet.

Price per property type

With regard to the average price based upon the property in Montevallo we can see that the cheapest property type is "House" at a price of $152,041, they are 40 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 40 % more affordable than the average price aforementioned.

According to the average area price by sq.feet the most costly property type is "House with an average price of $288 / sq.feet. "House" at an average price of $288 / sq.feet has the most expensive price and would be directed at more affluent cities.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Montevallo
Number of properties used in region Alabama
$253,047
$165
472
929,630
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value