The prices in real estate in Humeston, in the Iowa 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.
The price per sq.feet in Humeston has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $168. In the following month the price per sq.feet increased to $183. In the following two months the price per sq.feet has barely changed, going from $175.5 to $170.5 per sq.feet. The price per sq.feet has had a considerable deflation of 50 % 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 $173 to $87 during March, and April.
Based upon to the price in Humeston (cities), this has gone downing the last 6 months. The price in November is $275,727, rising in December till $303,288. In the following two months the average price has remained the same with regard to the previous two months from $289,507.5 to $296,380.5. During the last two months the average price has had a strong fall compared to the previous four going from $292,944 to $162,500, which means a 55 % fall.