Property prices for sale in Rutledge (Tennessee)

The prices in real estate in Rutledge, in the Tennessee region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$428,244.83
Average price last 6 months
$1,974.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Rutledge has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $2,645. In the following month the price per sq.feet increased to $2,943. The price for the following two months in (November, December) had a considerable decrease of 75 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 43 % 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 $2,438.25 to $1,047 during January, and February.

Average price

Based upon to the price in Rutledge (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is $420,655. In October This price remains at $405,620. During the following two months (November, December) the price has had an average incrementation from $413,137.5 to $454,155.5. 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 $433,646.5 and $417,441.5 between January and February.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $434,768 they are 27 % more affordable than the average price for Rutledge. The properties with the highest average price have 4 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 3 bedrooms priced at $440,570.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $183 / sq.feet, with an average $1,901 / sq.feet price in Rutledge. The properties with the lowest average prices have 1 bedroom. They are 58 % cheaper than the average followed by properties with 2 bedrooms with a price at $235 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $434,768 it is 37 % cheaper than the average price in Rutledge. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $273,357 it is 4 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $187 / sq.feet followed by "House" priced at $215 / sq.feet. "House" is the cheapest type of property with a $215 / sq.feet value followed by "Condo" with an average price of $187 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Rutledge
Number of properties used in region Tennessee
$434,768
$1,901
1,110
705,992
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value