Property prices for sale in Greensburg (Indiana)
The prices in real estate in Greensburg, in the Indiana 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 Greensburg has increased strongly during the last 6 months. In October, the average price per sq.feet was $125. In November this price pretty much remained the same at a value of $131 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $128 to $131.5 per sq.feet. The price per sq.feet has had a considerable increase of 128 % 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 $129.75 to $166.5 during February, and March.
Based upon to the price in Greensburg (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $264,301. In November This price remains at $271,062. In the following two months the average price has remained the same with regard to the previous two months from $267,681.5 to $258,124.5. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $309,084 they are 82 % more affordable than the average price for Greensburg. The properties with the highest average price have 4 bedrooms, Their price is 0 % more costly than the average. After that we have properties with 3 bedrooms priced at $263,554.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $82 / sq.feet, with an average $169 / sq.feet price in Greensburg. The properties with the lowest average prices have 3 bedrooms. They are 21 % cheaper than the average followed by properties with 2 bedrooms with a price at $121 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $309,084 it is 45 % cheaper than the average price in Greensburg. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $254,586 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $121 / sq.feet followed by "Detached House" priced at $128 / sq.feet. "Land" is the most costly type of property with a $36,308 / sq.feet cost followed by "Condo" with an average price of $194 / sq.feet.
