Property prices for sale in Homer Glen (Illinois)
The prices in real estate in Homer Glen, in the Illinois 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 Homer Glen has increased strongly during the last 6 months. In October, the average price per sq.feet was $5,960. In the following month the price per sq.feet increased to $6,429. The price for the following two months in (December, January) had a considerable decrease of 3 with regard to the prior two months. The price per sq.feet has had a considerable increase of 963 % 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 $3,191.75 to $30,730.5 during February, and March.
Based upon to the price in Homer Glen (cities), these have remained the same in the last 6 months. The average price for October is $603,820. During November the price had a slight fall till $543,771. In the following two months the average price has remained the same with regard to the previous two months from $573,795.5 to $560,971.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $670,781 they are 53 % more affordable than the average price for Homer Glen. The properties with the lowest average price have 4 bedrooms, Their price is 5 % cheaper than the average. After that we have properties with 3 bedrooms priced at $614,909.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $200 / sq.feet, with an average $28,790 / sq.feet price in Homer Glen. The properties with the lowest average prices have 1 bedroom. They are 98 % cheaper than the average followed by properties with 3 bedrooms with a price at $232 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $670,781 it is 6 % cheaper than the average price in Homer Glen. "Land" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Land". At a price of $884,948 it is 54 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $212 / sq.feet followed by "House" priced at $242 / sq.feet. "Land" is the most costly type of property with a $160,493 / sq.feet cost followed by "House" with an average price of $242 / sq.feet.
