The prices in real estate in Benton Harbor, in the Michigan 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 Benton Harbor has increased during the last 6 months. In October, the average price per sq.feet was $112. In the following month the price per sq.feet decreased to $99. The price for the following two months in (December, January) had a considerable increment of 115 %. The price per sq.feet has increased 112 % 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 $113.5 to $127.5 during February, and March.
Based upon to the price in Benton Harbor (cities), this has gone up in the last 6 months. The average price for October is $196,747. During November the price had a slight fall till $179,485. During the following two months (December, January) the price has had an average incrementation from $188,116 to $209,631. Based on an analysis of the first four prices and the last two months the average price has risen strongly 129 % 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 $268,157 they are 67 % more affordable than the average price for Benton Harbor. The properties with the highest average price have 4 bedrooms, Their price is 146 % more costly than the average. After that we have properties with 3 bedrooms priced at $183,914.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $78 / sq.feet, with an average $131 / sq.feet price in Benton Harbor. The properties with the highest average prices have 4 bedrooms. They are 55 % more expensive than the average followed by properties with 2 bedrooms with a price at $103 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $268,157 it is 39 % cheaper than the average price in Benton Harbor. "House" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $208,901 it is 15 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $79 / sq.feet followed by "Townhouse" priced at $92 / sq.feet. "House" is the cheapest type of property with a $105 / sq.feet value followed by "Townhouse" with an average price of $92 / sq.feet.