Property prices for sale in Hinckley (Minnesota)

The prices in real estate in Hinckley, in the Minnesota 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.

$239,237.5
Average price last 6 months
$231.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Hinckley has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $355. In the following month the price per sq.feet decreased considerably to $265. The price for the following two months in (December, January) had a considerable decrease of 56 with regard to the prior two months. The price per sq.feet has decreased 87 % 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 $242 to $210 during February, and March.

Average price

Based upon to the price in Hinckley (cities), these have remained the same in the last 6 months. The price in October is $246,500, rising in November till $268,348. In the following two months the average price has remained the same with regard to the previous two months from $257,424 to $251,334. During the last two months the average price has had a strong fall compared to the previous four going from $254,379 to $208,954.5, which means a 82 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $199,300 they are 47 % more affordable than the average price for Hinckley. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 19 % more expensive than the average aforementioned.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $154 / sq.feet, with an average $233 / sq.feet price in Hinckley. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 8 % cheaper than the average value aforementioned.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Hinckley
Number of properties used in region Minnesota
$199,300
$233
316
370,576
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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