Property prices for sale in Vinton (Virginia)
The prices in real estate in Vinton, 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 Vinton has increased strongly during the last 6 months. In October, the average price per sq.feet was $2,471. In the following month the price per sq.feet decreased considerably to $169. The price for the following two months in (December, January) had a considerable decrease of 77 with regard to the prior two months. The price per sq.feet has had a considerable increase of 591 % 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 $1,167.75 to $6,905 during February, and March.
Based upon to the price in Vinton (cities), these have remained the same in the last 6 months. The price in October is $296,179, rising in November till $331,061. In the following two months the average price has remained the same with regard to the previous two months from $313,620 to $305,450. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $309,535 to $268,454 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $255,097 they are 53 % more affordable than the average price for Vinton. The properties with the highest average price have 4 bedrooms, Their price is 229 % more costly than the average. After that we have properties with 3 bedrooms priced at $276,893.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $92 / sq.feet, with an average $5,885 / sq.feet price in Vinton. The properties with the lowest average prices have 4 bedrooms. They are 91 % cheaper than the average followed by properties with 1 bedroom with a price at $99 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $255,097 it is 18 % cheaper than the average price in Vinton. "House" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "House". At a price of $225,570 it is 7 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $47 / sq.feet followed by "Farm" priced at $48 / sq.feet. "House" is the cheapest type of property with a $85 / sq.feet value followed by "Farm" with an average price of $48 / sq.feet.
