Property prices for sale in Marengo (Iowa)

The prices in real estate in Marengo, 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.

$213,789.25
Average price last 6 months
$84.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Marengo has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $96. In April this price pretty much remained the same at a value of $97 per sq.feet. The price for the following two months in (May, June) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable increase of 150 % 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 $48.25 to $72.5 during July, and August.

Average price

Based upon to the price in Marengo (cities), this has fallen considerably in the last 6 months. The average price for March is $259,233. During April the price had a slight fall till $241,080. During the following two months (May, June) the average price had a considerable reduction of 0 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 142 % during the last two months.

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 $201,736 they are 85 % more affordable than the average price for Marengo. The properties with the highest average price have 3 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 4 bedrooms priced at $143,332.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $31 / sq.feet, with an average $85 / sq.feet price in Marengo. The properties with the highest average prices have 3 bedrooms. They are 18 % more expensive than the average followed by properties with 2 bedrooms with a price at $58 / sq.feet.

Price per property type

With regard to the average price based upon the property in Marengo we can see that the cheapest property type is "House" at a price of $90,143, they are 55 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 55 % more affordable than the average price aforementioned.

According to the average area cost by sq.feet the cheapest property type is "House with an average price of $41 / sq.feet. "House" with an average cost of $41 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Marengo
Number of properties used in region Iowa
$201,736
$85
48
63,820
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value