The prices in real estate in Lake In The Hills, 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 Lake In The Hills has increased during the last 6 months. In December, the average price per sq.feet was $116. In the following month the price per sq.feet increased to $123. In the following two months the price per sq.feet has barely changed, going from $119.5 to $123 per sq.feet. The price per sq.feet has increased 106 % 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 $121.25 to $128 during April, and May.
Based upon to the price in Lake In The Hills (cities), this has gone downing the last 6 months. The average price for December is $272,750. During January the price had a slight fall till $243,731. In the following two months the average price has remained the same with regard to the previous two months from $258,240.5 to $255,770.5. 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 $257,005.5 and $257,737 between April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $259,992 they are 67 % more affordable than the average price for Lake In The Hills. The properties with the highest average price have 4 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 3 bedrooms priced at $249,144.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $118 / sq.feet, with an average $126 / sq.feet price in Lake In The Hills. The properties with the highest average prices have 3 bedrooms. They are 5 % more expensive than the average followed by properties with 1 bedroom with a price at $122 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $259,992 it is 11 % cheaper than the average price in Lake In The Hills. "Farm" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $233,870 it is 7 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $92 / sq.feet followed by "Duplex" priced at $97 / sq.feet. "House" is the cheapest type of property with a $119 / sq.feet value followed by "Duplex" with an average price of $97 / sq.feet.