The prices in real estate in Herrin, in the Illinois 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 Herrin has increased during the last 6 months. In October, the average price per sq.feet was $77. In November this price pretty much remained the same at a value of $80 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $78.5 to $81 per sq.feet. The price per sq.feet has increased 112 % 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 $79.75 to $89.5 during February, and March.
Based upon to the price in Herrin (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $121,651. In November This price remains at $119,839. In the following two months the average price has remained the same with regard to the previous two months from $120,745 to $120,639. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % 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 $129,444 they are 85 % more affordable than the average price for Herrin. The properties with the highest average price have 4 bedrooms, Their price is 180 % more costly than the average. After that we have properties with 3 bedrooms priced at $183,713.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $25 / sq.feet, with an average $88 / sq.feet price in Herrin. The properties with the highest average prices have 4 bedrooms. They are 25 % more expensive than the average followed by properties with 3 bedrooms with a price at $108 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $129,444 it is 59 % cheaper than the average price in Herrin. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $101,086 it is 23 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $8 / sq.feet followed by "House" priced at $85 / sq.feet. "House" is the cheapest type of property with a $85 / sq.feet value followed by "Apartment" with an average price of $8 / sq.feet.