The prices in real estate in Youngstown, in the Ohio 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.
The price per sq.feet in Youngstown has increased during the last 6 months. In November, the average price per sq.feet was $75. In the following month the price per sq.feet increased considerably to $93. The price for the following two months in (January, February) decreased 89 % with regard to the prior two months. The price per sq.feet has decreased 95 % 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 $79.5 to $75.5 during March, and April.
Based upon to the price in Youngstown (cities), this has gone downing the last 6 months. The average price during our first sample month during November, is $129,212. During December the price went through a considerable rise reaching $150,832. During the following two months (January, February) the average price had a considerable reduction of 81 % with regard to the previous two months. 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 $126,841 to $116,401.5 in 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 $123,460 they are 42 % more affordable than the average price for Youngstown. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 3 bedrooms priced at $124,937.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $73 / sq.feet, with an average $78 / sq.feet price in Youngstown. The properties with the highest average prices have 2 bedrooms. They are 13 % more expensive than the average followed by properties with 1 bedroom with a price at $82 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $123,460 it is 16 % cheaper than the average price in Youngstown. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Office". At a price of $112,798 it is 8 % 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 $38 / sq.feet followed by "Office" priced at $43 / sq.feet. "House" is the cheapest type of property with a $70 / sq.feet value followed by "Condo" with an average price of $53 / sq.feet.