The prices in real estate in Chicago Heights, in the Illinois 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 Chicago Heights has increased during the last 6 months. In December, the average price per sq.feet was $79. In the following month the price per sq.feet increased to $85. In the following two months the price per sq.feet has barely changed, going from $82 to $84 per sq.feet. The price per sq.feet has increased 106 % 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 $83 to $88 during April, and May.
Based upon to the price in Chicago Heights (cities), these have remained the same in the last 6 months. In our first sample month during December, the average price is $117,444. In January This price remains at $122,225. During the following two months (February, March) the average price fell 93 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 32 % cheaper than the average price of $93,393 in Chicago Heights. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 32 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 36 % cheaper than the average price of ($60 / sq.feet) in Chicago Heights. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 36 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $137,720 it is 64 % cheaper than the average price in Chicago Heights. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $85,025 it is 32 % 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 $5 / sq.feet followed by "Townhouse" priced at $53 / sq.feet. "House" is the cheapest type of property with a $60 / sq.feet value followed by "Townhouse" with an average price of $53 / sq.feet.