The prices in real estate in Orangeburg, in the South 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 Orangeburg has increased strongly during the last 6 months. In November, the average price per sq.feet was $137. In December this price pretty much remained the same at a value of $138 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 212 %. The price per sq.feet has had a considerable increase of 179 % 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 $214.75 to $383.5 during March, and April.
Based upon to the price in Orangeburg (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $229,348. In December This price remains at $222,720. In the following two months the average price has remained the same with regard to the previous two months from $226,034 to $217,866. 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 $221,950 and $222,516.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $235,420 they are 38 % more affordable than the average price for Orangeburg. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 2 bedrooms priced at $153,858.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $61 / sq.feet, with an average $419 / sq.feet price in Orangeburg. The properties with the lowest average prices have 4 bedrooms. They are 69 % cheaper than the average followed by properties with 1 bedroom with a price at $71 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $235,420 it is 65 % cheaper than the average price in Orangeburg. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $183,883 it is 10 % 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 $107 / sq.feet followed by "House" priced at $125 / sq.feet. "Land" is the most costly type of property with a $18,002 / sq.feet cost followed by "Condo" with an average price of $146 / sq.feet.