The prices in real estate in Norfolk, in the Nebraska region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Norfolk has fallen in the last 6 months. In August, the average price per sq.feet was $161. In the following month the price per sq.feet decreased to $145. The price for the following two months in (October, November) decreased 91 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $146 to $141 during December y January
Based upon to the price in Norfolk (cities), this has gone downing the last 6 months. The average price for August is $343,061. During September the price had a slight fall till $310,827. During the following two months (October, November) the average price fell 94 % with regard to the previous two months. 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 $317,670.75 and $330,699 between December and January.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $343,417 they are 61 % more affordable than the average price for Norfolk. The properties with the lowest average price have 4 bedrooms, Their price is 11 % cheaper than the average. After that we have properties with 2 bedrooms priced at $169,544.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $75 / sq.feet, with an average $146 / sq.feet price in Norfolk. The properties with the highest average prices have 3 bedrooms. They are 471 % more expensive than the average followed by properties with 4 bedrooms with a price at $112 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $343,417 it is 72 % cheaper than the average price in Norfolk. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "House". At a price of $167,912 it is 42 % 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 $38 / sq.feet followed by "Condo" priced at $103 / sq.feet. "Townhouse" is the most costly type of property with a $817 / sq.feet cost followed by "Land" with an average price of $266 / sq.feet.