The prices in real estate in Hibbing, in the Minnesota 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 Hibbing has remained the same in the last 6 months. In November, the average price per sq.feet was $70. In December this price pretty much remained the same at a value of $70 per sq.feet. In the following two months the price per sq.feet has increased 108 %, going from $70 to $75.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $72.75 to $71.5 during March y April
Based upon to the price in Hibbing (cities), this has gone up in the last 6 months. The price in November is $132,855, rising in December till $141,156. During the following two months (January, February) the price has had an average incrementation from $137,005.5 to $153,363. 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 $145,184.25 and $138,300 between March and April.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 18 % cheaper than the average price of $111,842 in Hibbing. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 18 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 47 % cheaper than the average price of ($38 / sq.feet) in Hibbing. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 47 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $136,738 it is 45 % cheaper than the average price in Hibbing. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $75,915 it is 18 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $38 / sq.feet followed by "Duplex" priced at $61 / sq.feet. "Townhouse" is the cheapest type of property with a $65 / sq.feet value followed by "Duplex" with an average price of $61 / sq.feet.