Property prices for sale in Rocky Mount (Virginia)
The prices in real estate in Rocky Mount, in the Virginia 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 Rocky Mount has increased strongly during the last 6 months. In November, the average price per sq.feet was $944. In the following month the price per sq.feet decreased considerably to $157. The price for the following two months in (January, February) had a considerable increment of 1825 %. The price per sq.feet has had a considerable increase of 124 % 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 $5,299.5 to $6,568.5 during March, and April.
Based upon to the price in Rocky Mount (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $276,736. In December This price remains at $278,880. During the following two months (January, February) the average price had a considerable reduction of 68 % with regard to the previous two months. 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 $233,946.5 and $243,907.5 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 $313,651 they are 66 % more affordable than the average price for Rocky Mount. The properties with the lowest average price have 4 bedrooms, Their price is 8 % cheaper than the average. After that we have properties with 3 bedrooms priced at $243,784.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $39 / sq.feet, with an average $718 / sq.feet price in Rocky Mount. The properties with the lowest average prices have 2 bedrooms. They are 89 % cheaper than the average followed by properties with 3 bedrooms with a price at $61 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $313,651 it is 55 % cheaper than the average price in Rocky Mount. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Farm". At a price of $183,518 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $34 / sq.feet followed by "House" priced at $68 / sq.feet. "Duplex" is the cheapest type of property with a $231 / sq.feet value followed by "Townhouse" with an average price of $120 / sq.feet.
