Property prices for sale in Northwood (Ohio)
The prices in real estate in Northwood, in the Ohio 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 Northwood has increased strongly during the last 6 months. In October, the average price per sq.feet was $141. In November this price pretty much remained the same at a value of $146 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $143.5 to $138.5 per sq.feet. The price per sq.feet has had a considerable increase of 965 % 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 $141 to $1,360 during February, and March.
Based upon to the price in Northwood (cities), this has gone up in the last 6 months. The price in October is $208,035, rising in November till $218,891. In the following two months the average price has remained the same with regard to the previous two months from $213,463 to $211,027.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % 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 $271,224 they are 60 % more affordable than the average price for Northwood. The properties with the lowest average price have 3 bedrooms, Their price is 8 % cheaper than the average. After that we have properties with 2 bedrooms priced at $217,490.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $32 / sq.feet, with an average $176 / sq.feet price in Northwood. The properties with the lowest average prices have 2 bedrooms. They are 45 % cheaper than the average followed by properties with 3 bedrooms with a price at $83 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $271,224 it is 76 % cheaper than the average price in Northwood. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "". At a price of $65,589 it is 59 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $32 / sq.feet. "House" with an average cost of $32 / sq.feet has the lowest price and would be directed at less affluent cities.
