The prices in real estate in Fort Dodge, in the Iowa 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 Fort Dodge has increased during the last 6 months. In October, the average price per sq.feet was $1,203. In the following month the price per sq.feet increased considerably to $1,538. In the following two months the price per sq.feet has increased 115 %, going from $1,370.5 to $1,572.5 per sq.feet. The price per sq.feet has had a considerable deflation of 69 % 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 $1,471.5 to $1,008 during February, and March.
Based upon to the price in Fort Dodge (cities), these have remained the same in the last 6 months. The price in October is $148,944, rising in November till $156,564. During the following two months (December, January) the price has had an average incrementation from $152,754 to $161,111.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $156,932.75 to $144,355.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $144,353 they are 38 % more affordable than the average price for Fort Dodge. The properties with the highest average price have 4 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 3 bedrooms priced at $163,385.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $81 / sq.feet, with an average $935 / sq.feet price in Fort Dodge. The properties with the lowest average prices have 4 bedrooms. They are 81 % cheaper than the average followed by properties with 2 bedrooms with a price at $178 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $144,353 it is 21 % cheaper than the average price in Fort Dodge. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Condo". At a price of $281,150 it is 175 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $19 / sq.feet followed by "House" priced at $755 / sq.feet. "Land" is the most costly type of property with a $53,100 / sq.feet cost followed by "Condo" with an average price of $4,061 / sq.feet.