Property prices for sale in Granger (Indiana)
The prices in real estate in Granger, in the Indiana 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.
The price per sq.feet in Granger has increased strongly during the last 6 months. In October, the average price per sq.feet was $154. In the following month the price per sq.feet increased to $164. In the following two months the price per sq.feet has increased 111 %, going from $159 to $176.5 per sq.feet. The price per sq.feet has had a considerable increase of 538 % 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 $167.75 to $902.5 during February, and March.
Based upon to the price in Granger (cities), these have remained the same in the last 6 months. The average price for October is $518,339. During November the price had a slight fall till $477,828. During the following two months (December, January) the price has had an average incrementation from $498,083.5 to $537,861. 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 $517,972.25 and $507,549.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $484,911 they are 66 % more affordable than the average price for Granger. The properties with the lowest average price have 3 bedrooms, Their price is 33 % cheaper than the average. After that we have properties with 1 bedroom priced at $168,410.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $90 / sq.feet, with an average $183 / sq.feet price in Granger. The properties with the highest average prices have 1 bedroom. They are 1400 % more expensive than the average followed by properties with 4 bedrooms with a price at $2,655 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $484,911 it is 67 % cheaper than the average price in Granger. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $161,297 it is 66 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $2,616 / sq.feet followed by "Apartment" priced at $2,655 / sq.feet. "Apartment" is the most costly type of property with a $2,655 / sq.feet cost followed by "Condo" with an average price of $2,616 / sq.feet.
