Property prices for sale in Cedar Lake (Indiana)

The prices in real estate in Cedar Lake, 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.

$300,471.33
Average price last 6 months
$164
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Cedar Lake has increased during the last 6 months. In January, the average price per sq.feet was $147. In the following month the price per sq.feet increased to $156. In the following two months the price per sq.feet has increased 109 %, going from $151.5 to $164.5 per sq.feet. The price per sq.feet has increased 111 % 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 $158 to $176 during May, and June.

Average price

Based upon to the price in Cedar Lake (cities), these have remained the same in the last 6 months. In our first sample month during January, the average price is $291,764. In February This price remains at $294,983. In the following two months the average price has remained the same with regard to the previous two months from $293,373.5 to $290,935.5. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $333,349 they are 39 % more affordable than the average price for Cedar Lake. The properties with the highest average price have 4 bedrooms, Their price is 2 % more costly than the average. After that we have properties with 3 bedrooms priced at $290,034.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $133 / sq.feet, with an average $179 / sq.feet price in Cedar Lake. The properties with the highest average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 2 bedrooms with a price at $154 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $333,349 it is 35 % cheaper than the average price in Cedar Lake. "Duplex" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $266,818 it is 14 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $85 / sq.feet followed by "House" priced at $143 / sq.feet. "Townhouse" is the cheapest type of property with a $163 / sq.feet value followed by "Duplex" with an average price of $149 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Cedar Lake
Number of properties used in region Indiana
$333,349
$179
1,402
183,986
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value