The prices in real estate in Zanesville, in the Ohio 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.
The price per sq.feet in Zanesville has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $899. In the following month the price per sq.feet decreased considerably to $658. The price for the following two months in (December, January) had a considerable decrease of 78 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 82 % 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 $692.25 to $567 during February, and March.
Based upon to the price in Zanesville (cities), this has gone downing the last 6 months. The average price for October is $208,651. During November the price had a slight fall till $197,882. In the following two months the average price has remained the same with regard to the previous two months from $203,266.5 to $201,388.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $202,327.5 to $188,433 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 $189,897 they are 42 % more affordable than the average price for Zanesville. The properties with the highest average price have 4 bedrooms, Their price is 91 % more costly than the average. After that we have properties with 3 bedrooms priced at $231,566.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $97 / sq.feet, with an average $622 / sq.feet price in Zanesville. The properties with the highest average prices have 3 bedrooms. They are 34 % more expensive than the average followed by properties with 4 bedrooms with a price at $228 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $189,897 it is 52 % cheaper than the average price in Zanesville. "Villa" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Condo". At a price of $309,398 it is 129 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of $47 / sq.feet followed by "Commercial" priced at $127 / sq.feet. "Land" is the most costly type of property with a $18,574 / sq.feet cost followed by "Condo" with an average price of $1,312 / sq.feet.