Property prices for sale in Nevada (Iowa)
The prices in real estate in Nevada, 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.
The price per sq.feet in Nevada has increased strongly during the last 6 months. In October, the average price per sq.feet was $175. In the following month the price per sq.feet decreased to $151. The price for the following two months in (December, January) had a considerable increment of 134 %. The price per sq.feet has had a considerable increase of 2989 % 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 $190.75 to $5,701.5 during February, and March.
Based upon to the price in Nevada (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $226,408. In November This price remains at $227,863. In the following two months the average price has remained the same with regard to the previous two months from $227,135.5 to $224,497. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $223,683 they are 78 % more affordable than the average price for Nevada. The properties with the lowest average price have 4 bedrooms, Their price is 11 % cheaper than the average. After that we have properties with 3 bedrooms priced at $166,082.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $29 / sq.feet, with an average $5,310 / sq.feet price in Nevada. The properties with the lowest average prices have 3 bedrooms. They are 98 % cheaper than the average followed by properties with 2 bedrooms with a price at $71 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $223,683 it is 27 % cheaper than the average price in Nevada. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "House". At a price of $163,183 it is 19 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $33 / sq.feet followed by "Duplex" priced at $61 / sq.feet. "Duplex" is the cheapest type of property with a $61 / sq.feet value followed by "House" with an average price of $33 / sq.feet.
