Property prices for sale in Morganton (North Carolina)
The prices in real estate in Morganton, 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 Morganton has increased strongly during the last 6 months. In October, the average price per sq.feet was $2,499. In the following month the price per sq.feet decreased considerably to $819. The price for the following two months in (December, January) had a considerable increment of 126 %. The price per sq.feet has had a considerable increase of 252 % 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 $1,874.75 to $4,728 during February, and March.
Based upon to the price in Morganton (cities), these have remained the same in the last 6 months. The price in October is $282,753, rising in November till $303,997. In the following two months the average price has remained the same with regard to the previous two months from $293,375 to $297,434. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $295,404.5 and $284,875.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $257,222 they are 47 % more affordable than the average price for Morganton. The properties with the highest average price have 4 bedrooms, Their price is 48 % more costly than the average. After that we have properties with 3 bedrooms priced at $373,097.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $97 / sq.feet, with an average $7,188 / sq.feet price in Morganton. The properties with the lowest average prices have 2 bedrooms. They are 97 % cheaper than the average followed by properties with 3 bedrooms with a price at $213 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $257,222 it is 71 % cheaper than the average price in Morganton. "Farm" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $370,637 it is 81 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $41 / sq.feet followed by "Condo" priced at $149 / sq.feet. "Land" is the most costly type of property with a $29,163 / sq.feet cost followed by "House" with an average price of $204 / sq.feet.
