The prices in real estate in Oak Grove, in the Kentucky 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 Oak Grove has increased strongly during the last 6 months. In April, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $76. The price for the following two months in (June, July) had a considerable increment of 189 %. The price per sq.feet has had a considerable increase of 118 % 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 $55 to $65 during August, and September.
Based upon to the price in Oak Grove (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is . During May the price went through a considerable rise reaching $88,176. During the following two months (June, July) the average price had a considerable increase of 197 % 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 risen strongly 131 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $85,928 they are 7 % more affordable than the average price for Oak Grove. The properties with the highest average price have 1 bedroom, Their price is 2 % more costly than the average. After that we have properties with 3 bedrooms priced at $79,858.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $63 / sq.feet, with an average $62 / sq.feet price in Oak Grove. The properties with the highest average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 3 bedrooms with a price at $63 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $85,928 it is 13 % cheaper than the average price in Oak Grove. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Townhouse". At a price of $87,558 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $54 / sq.feet followed by "Townhouse" priced at $69 / sq.feet. "Apartment" is the most costly type of property with a $70 / sq.feet cost followed by "Townhouse" with an average price of $69 / sq.feet.