The prices in real estate in Mount Gilead, in the Ohio region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Mount Gilead has increased during the last 6 months. In September, the average price per sq.feet was $598. In the following month the price per sq.feet decreased considerably to $237. The price for the following two months in (November, December) had a considerable decrease of 46 with regard to the prior two months. The price per sq.feet has had a considerable increase of 419 % 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 $304.25 to $1,274.5 during January, and February.
Based upon to the price in Mount Gilead (cities), this has fallen considerably in the last 6 months. In our first sample month during September, the average price is $494,445. In October This price remains at $492,736. During the following two months (November, December) the average price had a considerable reduction of 73 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $426,652.25 to $300,837.5, which means a 71 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $296,936 they are 52 % more affordable than the average price for Mount Gilead. The properties with the lowest average price have 2 bedrooms, Their price is 14 % cheaper than the average. After that we have properties with 3 bedrooms priced at $208,244.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $58 / sq.feet, with an average $2,397 / sq.feet price in Mount Gilead. The properties with the lowest average prices have 2 bedrooms. They are 96 % cheaper than the average followed by properties with 1 bedroom with a price at $85 / sq.feet.
According to average price per property type in Mount Gilead, "" priced at $66,367 is 78 % cheaper than the average price ($296,936) in this city.