The average price in the Indiana region has had a slight increase in recent months. There has been an inflation in the prices in this region.
The price per sq.feet in Indiana has increased in the last 6 months. During October, the average price per sq.feet was $147. In November the price pretty much stayed the same at $148 per sq.feet. The price per sq.feet for the following two months practically stayed the same, going from $147.5 to $153 per sq.feet. In the last two months, the price per sq.feet has increased 114 %. This has been obtained by comparing the price $150.25 for the first four months of the sample with regard to the previous 4 months and the price $172 per sq.feet for the last two months (February, March).
Based upon to the price in Indiana(region), these have remained the same in the last 6 months. The average price in October is $303,237. In November the price increased to $331,833. In the following two months the average price didn't change much compared to the previous two going from $317,535 to $321,058.5. During the last two months the price has reduced 93 % compared to the previous average values going from $319,296.75 a $295,697 in February and March.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 57 % more affordable than the average price in Indiana followed by those with 2 with an average price of $186,300. The most costly properties have 4 bedrooms. They are 18 % more expensive than the average followed by those properties with 3 bedrooms priced at $267,800.
Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $134 / sq.feet being $190 / sq.feet the average value within the Indiana region. The properties with the most expensive average price are those with 4 bedrooms. These are 105 % more costly than the average followed by those with 3 bedrooms with a price of $217 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $310,652 it is 43 % more affordable than the average in Indiana. This is followed by "House" with a price of $294,492. The dearest property type is "Commercial" and is 8 % more expensive than the average, followed by "Townhouse" with a cost of $329,842.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $109 / sq.feet, followed by "Apartment" with a price of $153 / sq.feet. "Land" with an average price of $1,609 / sq.feet is the most costly type of property followed by "House" at a price of $181 / sq.feet.