Property prices for sale in Marengo (Iowa)

The prices in real estate in Marengo, in the Iowa 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.

$125,785.33
Average price last 6 months
$295.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Marengo has increased strongly during the last 6 months. In November, the average price per sq.feet was $68. In the following month the price per sq.feet decreased considerably to $40. The price for the following two months in (January, February) had a considerable increment of 176 %. The price per sq.feet has had a considerable increase of 989 % 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 $74.5 to $737 during March, and April.

Average price

Based upon to the price in Marengo (cities), this has fallen considerably in the last 6 months. The average price for November is $191,278. During December the price had a considerable reduction till $60,978. In the following two months the average price has remained the same with regard to the previous two months from $126,128 to $127,139. 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 $126,633.5 and $124,089 between March and April.

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 $125,291 they are 76 % more affordable than the average price for Marengo. The properties with the highest average price have 3 bedrooms, Their price is 108 % more costly than the average. After that we have properties with 4 bedrooms priced at $142,185.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $26 / sq.feet, with an average $1,412 / sq.feet price in Marengo. The properties with the lowest average prices have 2 bedrooms. They are 95 % cheaper than the average followed by properties with 4 bedrooms with a price at $40 / 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 $89,421, they are 29 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 29 % 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 $33 / sq.feet. "House" with an average cost of $33 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Marengo
Number of properties used in region Iowa
$125,291
$1,412
58
67,258
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value