Property prices for sale in Eveleth (Minnesota)

The prices in real estate in Eveleth, in the Minnesota region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$192,761.5
Average price last 6 months
$252.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Eveleth has increased strongly during the last 6 months. In October, the average price per sq.feet was $149. In the following month the price per sq.feet increased to $167. The price for the following two months in (December, January) had a considerable decrease of 83 with regard to the prior two months. The price per sq.feet has had a considerable increase of 324 % 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 $144.5 to $468.5 during February, and March.

Average price

Based upon to the price in Eveleth (cities), this has gone downing the last 6 months. The average price for October is $208,930. During November the price had a slight fall till $190,959. During the following two months (December, January) the average price fell 92 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $192,218 and $193,848.5 between February and March.

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 $264,447 they are 51 % more affordable than the average price for Eveleth. The properties with the highest average price have 4 bedrooms, Their price is 46 % more costly than the average. After that we have properties with 2 bedrooms priced at $197,381.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $78 / sq.feet, with an average $490 / sq.feet price in Eveleth. The properties with the lowest average prices have 2 bedrooms. They are 66 % cheaper than the average followed by properties with 1 bedroom with a price at $126 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $264,447 it is 50 % cheaper than the average price in Eveleth. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $131,579 it is 29 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $104 / sq.feet followed by "Land" priced at $8,495 / sq.feet. "Land" is the most costly type of property with a $8,495 / sq.feet cost followed by "House" with an average price of $104 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Eveleth
Number of properties used in region Minnesota
$264,447
$490
212
370,576
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value