Property prices for sale in South Bend (Indiana)
The prices in real estate in South Bend, in the Indiana 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 South Bend has increased during the last 6 months. In October, the average price per sq.feet was $120. In November this price pretty much remained the same at a value of $121 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 118 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $131.5 to $136.5 during February y March
Based upon to the price in South Bend (cities), this has gone downing the last 6 months. The average price for October is $233,594. During November the price had a slight fall till $207,259. During the following two months (December, January) the price has had an average incrementation from $220,426.5 to $236,729. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $228,577.75 to $200,262.5 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 $201,233 they are 58 % more affordable than the average price for South Bend. The properties with the highest average price have 4 bedrooms, Their price is 72 % more costly than the average. After that we have properties with 3 bedrooms priced at $195,989.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $112 / sq.feet, with an average $129 / sq.feet price in South Bend. The properties with the highest average prices have 1 bedroom. They are 280 % more expensive than the average followed by properties with 4 bedrooms with a price at $154 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $201,233 it is 45 % cheaper than the average price in South Bend. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Commercial". At a price of $253,750 it is 153 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $61 / sq.feet followed by "House" priced at $120 / sq.feet. "Land" is the most costly type of property with a $35,723 / sq.feet cost followed by "Condo" with an average price of $292 / sq.feet.
