Property prices for sale in Spencer (Tennessee)

The prices in real estate in Spencer, 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.

$388,686.83
Average price last 6 months
$601
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Spencer has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $1,895. In the following month the price per sq.feet decreased considerably to $781. The price for the following two months in (June, July) had a considerable decrease of 20 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 25 % 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 $800.5 to $202 during August, and September.

Average price

Based upon to the price in Spencer (cities), this has gone up in the last 6 months. The price in April is $372,873, rising in May till $420,713. In the following two months the average price has remained the same with regard to the previous two months from $396,793 to $401,461.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $399,127.25 to $367,806 in August and September.

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 $363,053 they are 75 % more affordable than the average price for Spencer. The properties with the highest average price have 3 bedrooms, Their price is 17 % more costly than the average. After that we have properties with 4 bedrooms priced at $395,082.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $81 / sq.feet, with an average $198 / sq.feet price in Spencer. The properties with the highest average prices have 3 bedrooms. They are 13 % more expensive than the average followed by properties with 2 bedrooms with a price at $176 / sq.feet.

Price per property type

With regard to the average price based upon the property in Spencer we can see that the cheapest property type is "House" at a price of $215,113, they are 41 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 41 % more affordable than the average price aforementioned.

According to the average area cost by sq.feet the cheapest property type is "House with an average price of $82 / sq.feet. "House" with an average cost of $82 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Spencer
Number of properties used in region Tennessee
$363,053
$198
354
278,132
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value