Property prices for sale in Franklin Park (Illinois)
The prices in real estate in Franklin Park, in the Illinois region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Franklin Park has remained the same in the last 6 months. In November, the average price per sq.feet was $240. In December this price pretty much remained the same at a value of $240 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $240 to $251.5 per sq.feet. The price per sq.feet has decreased 92 % 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 $245.75 to $226 during March, and April.
Based upon to the price in Franklin Park (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $312,498. In December This price remains at $309,088. In the following two months the average price has remained the same with regard to the previous two months from $310,793 to $308,797. 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 displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $313,162 they are 12 % more affordable than the average price for Franklin Park. The properties with the highest average price have 4 bedrooms, Their price is 5 % more costly than the average. After that we have properties with 3 bedrooms priced at $297,601.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $205 / sq.feet, with an average $223 / sq.feet price in Franklin Park. The properties with the highest average prices have 1 bedroom. They are 23 % more expensive than the average followed by properties with 2 bedrooms with a price at $261 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $313,162 it is 45 % cheaper than the average price in Franklin Park. "Commercial" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $241,998 it is 7 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $106 / sq.feet followed by "Condo" priced at $132 / sq.feet. "House" is the most costly type of property with a $231 / sq.feet cost followed by "Condo" with an average price of $132 / sq.feet.
