The prices in real estate in Normal, in the Illinois region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Normal has remained the same in the last 6 months. In March, the average price per sq.feet was $92. In the following month the price per sq.feet increased to $99. In the following two months the price per sq.feet has barely changed, going from $95.5 to $96.5 per sq.feet. The price per sq.feet has decreased 88 % 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 $96 to $84.5 during July, and August.
Based upon to the price in Normal (cities), this has gone up in the last 6 months. The price in March is $166,856, rising in April till $186,244. During the following two months (May, June) the price has had an average incrementation from $176,550 to $187,514. 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 $182,032 and $184,767.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $182,143 they are 42 % more affordable than the average price for Normal. The properties with the highest average price have 4 bedrooms, Their price is 35 % more costly than the average. After that we have properties with 3 bedrooms priced at $191,164.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $79 / sq.feet, with an average $86 / sq.feet price in Normal. The properties with the highest average prices have 1 bedroom. They are 7 % more expensive than the average followed by properties with 2 bedrooms with a price at $88 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $182,143 it is 31 % cheaper than the average price in Normal. "Condo" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $194,533 it is 12 % 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 $32 / sq.feet followed by "Townhouse" priced at $63 / sq.feet. "House" is the most costly type of property with a $88 / sq.feet cost followed by "Condo" with an average price of $75 / sq.feet.