Property prices for sale in Mokena (Illinois)
The prices in real estate in Mokena, 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 Mokena has increased strongly during the last 6 months. In October, the average price per sq.feet was $193. In November this price pretty much remained the same at a value of $186 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $189.5 to $187.5 per sq.feet. The price per sq.feet has had a considerable increase of 1515 % 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 $188.5 to $2,855.5 during February, and March.
Based upon to the price in Mokena (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $527,676. In November This price remains at $520,276. During the following two months (December, January) the average price fell 94 % 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 121 % 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 $615,144 they are 50 % more affordable than the average price for Mokena. The properties with the lowest average price have 4 bedrooms, Their price is 0 % cheaper than the average. After that we have properties with 1 bedroom priced at $541,458.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $191 / sq.feet, with an average $2,854 / sq.feet price in Mokena. The properties with the lowest average prices have 1 bedroom. They are 90 % cheaper than the average followed by properties with 3 bedrooms with a price at $207 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $615,144 it is 53 % cheaper than the average price in Mokena. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $644,346 it is 29 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $149 / sq.feet followed by "Townhouse" priced at $169 / sq.feet. "Land" is the most costly type of property with a $198,764 / sq.feet cost followed by "House" with an average price of $194 / sq.feet.
