Property prices for sale in Owings (Maryland)

The prices in real estate in Owings, in the Maryland 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.

$401,140.17
Average price last 6 months
$153
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Owings has increased during the last 6 months. In October, the average price per sq.feet was $140. In November this price pretty much remained the same at a value of $141 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $140.5 to $149.5 per sq.feet. The price per sq.feet has had a considerable increase of 117 % 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 $145 to $169 during February, and March.

Average price

Based upon to the price in Owings (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $326,083. In November This price remains at $314,854. During the following two months (December, January) the average price had a considerable increase of 116 % 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 148 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $514,442 they are 10 % more affordable than the average price for Owings. The properties with the lowest average price have 1 bedroom, Their price is 9 % cheaper than the average. After that we have properties with 4 bedrooms priced at $465,468.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $135 / sq.feet, with an average $169 / sq.feet price in Owings. The properties with the lowest average prices have 1 bedroom. They are 20 % cheaper than the average followed by properties with 4 bedrooms with a price at $135 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $514,442 it is 10 % cheaper than the average price in Owings. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $465,468 it is 4 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $135 / sq.feet followed by "House" priced at $243 / sq.feet. "House" is the most costly type of property with a $243 / sq.feet cost followed by "Apartment" with an average price of $135 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Owings
Number of properties used in region Maryland
$514,442
$169
608
326,006
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value