The prices in real estate in Oak Park, 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 Oak Park has remained the same in the last 6 months. In June, the average price per sq.feet was $211. In July this price pretty much remained the same at a value of $214 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $212.5 to $203 per sq.feet. 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 $207.75 to $200.5 during October y November
Based upon to the price in Oak Park (cities), this has gone downing the last 6 months. The average price for June is $430,152. During July the price had a slight fall till $390,150. In the following two months the average price has remained the same with regard to the previous two months from $410,151 to $403,614.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $406,882.75 to $382,302 in October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $380,187 they are 67 % more affordable than the average price for Oak Park. The properties with the highest average price have 4 bedrooms, Their price is 38 % more costly than the average. After that we have properties with 3 bedrooms priced at $392,849.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $155 / sq.feet, with an average $204 / sq.feet price in Oak Park. The properties with the highest average prices have 4 bedrooms. They are 9 % more expensive than the average followed by properties with 3 bedrooms with a price at $209 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $380,187 it is 49 % cheaper than the average price in Oak Park. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $435,931 it is 39 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $96 / sq.feet followed by "Condo" priced at $177 / sq.feet. "House" is the most costly type of property with a $219 / sq.feet cost followed by "Land" with an average price of $215 / sq.feet.