Property prices for sale in Fort Wayne (Indiana)
The prices in real estate in Fort Wayne, in the Indiana region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Fort Wayne has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $3,078. In the following month the price per sq.feet decreased considerably to $2,543. The price for the following two months in (December, January) had a considerable decrease of 47 with regard to the prior two months. The price per sq.feet has increased 109 % 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 $2,062.5 to $2,253 during February, and March.
Based upon to the price in Fort Wayne (cities), these have remained the same in the last 6 months. The price in October is $322,359, rising in November till $351,014. In the following two months the average price has remained the same with regard to the previous two months from $336,686.5 to $322,436. 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 $329,561.25 and $317,338 between 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 $333,691 they are 77 % more affordable than the average price for Fort Wayne. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $270,355.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $140 / sq.feet, with an average $2,865 / sq.feet price in Fort Wayne. The properties with the highest average prices have 4 bedrooms. They are 64 % more expensive than the average followed by properties with 3 bedrooms with a price at $723 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $333,691 it is 67 % cheaper than the average price in Fort Wayne. "Farm" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Detached House". At a price of $560,493 it is 174 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $33 / sq.feet followed by "Detached House" priced at $177 / sq.feet. "Land" is the most costly type of property with a $26,649 / sq.feet cost followed by "House" with an average price of $3,027 / sq.feet.
