Property prices for sale in Muncie (Indiana)
The prices in real estate in Muncie, 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 Muncie has increased strongly during the last 6 months. In November, the average price per sq.feet was $97. In December this price pretty much remained the same at a value of $100 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $98.5 to $98.5 per sq.feet. The price per sq.feet has had a considerable increase of 221 % 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 $98.5 to $217.5 during March, and April.
Based upon to the price in Muncie (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $174,942. In December This price remains at $168,788. During the following two months (January, February) the price has had an average incrementation from $171,865 to $184,428.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $178,146.75 and $175,212 between 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 $168,390 they are 62 % more affordable than the average price for Muncie. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at $172,794.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $75 / sq.feet, with an average $109 / sq.feet price in Muncie. The properties with the lowest average prices have 2 bedrooms. They are 2 % cheaper than the average followed by properties with 4 bedrooms with a price at $103 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $168,390 it is 69 % cheaper than the average price in Muncie. "" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Condo". At a price of $189,227 it is 39 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $102 / sq.feet followed by "House" priced at $107 / sq.feet. "Land" is the most costly type of property with a $16,567 / sq.feet cost followed by "Townhouse" with an average price of $232 / sq.feet.
