The prices in real estate in Noblesville, in the Indiana 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 Noblesville has increased strongly during the last 6 months. In October, the average price per sq.feet was $155. In the following month the price per sq.feet increased to $173. In the following two months the price per sq.feet has increased 112 %, going from $164 to $184 per sq.feet. The price per sq.feet has had a considerable increase of 389 % 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 $174 to $677 during February, and March.
Based upon to the price in Noblesville (cities), these have remained the same in the last 6 months. The average price for October is $405,926. During November the price had a slight fall till $363,626. In the following two months the average price has remained the same with regard to the previous two months from $384,776 to $397,685. 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 $391,230.5 and $401,429 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $394,631 they are 18 % more affordable than the average price for Noblesville. The properties with the highest average price have 4 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 3 bedrooms priced at $359,870.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $201 / sq.feet, with an average $1,174 / sq.feet price in Noblesville. The properties with the lowest average prices have 4 bedrooms. They are 61 % cheaper than the average followed by properties with 1 bedroom with a price at $400 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $394,631 it is 12 % cheaper than the average price in Noblesville. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Duplex". At a price of $410,189 it is 237 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $145 / sq.feet followed by "Townhouse" priced at $180 / sq.feet. "Land" is the most costly type of property with a $62,148 / sq.feet cost followed by "House" with an average price of $1,165 / sq.feet.