Property prices for sale in Oberlin (Ohio)
The prices in real estate in Oberlin, 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 Oberlin has increased strongly during the last 6 months. In October, the average price per sq.feet was $125. In the following month the price per sq.feet increased considerably to $145. The price for the following two months in (December, January) had a considerable increment of 120 %. The price per sq.feet has had a considerable increase of 1344 % 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 $148.5 to $1,995.5 during February, and March.
Based upon to the price in Oberlin (cities), this has fallen considerably in the last 6 months. The average price for October is $421,330. During November the price had a considerable reduction till $309,905. During the following two months (December, January) the average price had a considerable reduction of 79 % 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 gone up 106 % 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 $396,712 they are 53 % more affordable than the average price for Oberlin. The properties with the highest average price have 2 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 4 bedrooms priced at $269,665.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $136 / sq.feet, with an average $2,713 / sq.feet price in Oberlin. The properties with the lowest average prices have 1 bedroom. They are 91 % cheaper than the average followed by properties with 2 bedrooms with a price at $142 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $396,712 it is 90 % cheaper than the average price in Oberlin. "Detached House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $318,765 it is 14 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $128 / sq.feet followed by "House" priced at $129 / sq.feet. "Land" is the most costly type of property with a $40,197 / sq.feet cost followed by "House" with an average price of $129 / sq.feet.
