The prices in real estate in Oak Park, in the Illinois region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Oak Park has increased during the last 6 months. In November, the average price per sq.feet was $204. In the following month the price per sq.feet increased to $215. In the following two months the price per sq.feet has increased 106 %, going from $209.5 to $222.5 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 $216 to $218 during March y April
Based upon to the price in Oak Park (cities), these have remained the same in the last 6 months. The price in November is $372,637, rising in December till $392,642. In the following two months the average price has remained the same with regard to the previous two months from $382,639.5 to $396,961. 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 $389,800.25 and $384,113 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 $395,077 they are 66 % more affordable than the average price for Oak Park. The properties with the highest average price have 4 bedrooms, Their price is 55 % more costly than the average. After that we have properties with 3 bedrooms priced at $468,851.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $160 / sq.feet, with an average $223 / sq.feet price in Oak Park. The properties with the highest average prices have 4 bedrooms. They are 22 % more expensive than the average followed by properties with 3 bedrooms with a price at $255 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $395,077 it is 48 % cheaper than the average price in Oak Park. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $423,450 it is 40 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $180 / sq.feet followed by "Land" priced at $186 / sq.feet. "House" is the most costly type of property with a $266 / sq.feet cost followed by "Townhouse" with an average price of $210 / sq.feet.