Property prices for sale in North Vernon (Indiana)
The prices in real estate in North Vernon, 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 North Vernon has increased strongly during the last 6 months. In November, the average price per sq.feet was $140. In December this price pretty much remained the same at a value of $137 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $138.5 to $140.5 per sq.feet. The price per sq.feet has had a considerable increase of 142 % 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 $139.5 to $197.5 during March, and April.
Based upon to the price in North Vernon (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $234,134. In December This price remains at $239,329. In the following two months the average price has remained the same with regard to the previous two months from $236,731.5 to $238,325.5. 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 $237,528.5 and $242,447 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $251,822 they are 43 % more affordable than the average price for North Vernon. The properties with the highest average price have 4 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 3 bedrooms priced at $201,361.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $55 / sq.feet, with an average $148 / sq.feet price in North Vernon. The properties with the lowest average prices have 3 bedrooms. They are 10 % cheaper than the average followed by properties with 4 bedrooms with a price at $127 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $251,822 it is 47 % cheaper than the average price in North Vernon. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $134,497 it is 18 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $10 / sq.feet followed by "House" priced at $111 / sq.feet. "House" is the cheapest type of property with a $111 / sq.feet value followed by "Land" with an average price of $10 / sq.feet.
