The prices in real estate in Osceola, 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 Osceola has increased strongly during the last 6 months. In October, the average price per sq.feet was $144. In the following month the price per sq.feet increased to $153. In the following two months the price per sq.feet has increased 110 %, going from $148.5 to $163.5 per sq.feet. The price per sq.feet has had a considerable increase of 116 % 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 $156 to $181 during February, and March.
Based upon to the price in Osceola (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $370,241. In November This price remains at $360,087. In the following two months the average price has remained the same with regard to the previous two months from $365,164 to $357,828. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $398,818 they are 75 % more affordable than the average price for Osceola. The properties with the lowest average price have 4 bedrooms, Their price is 30 % cheaper than the average. After that we have properties with 3 bedrooms priced at $214,044.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $48 / sq.feet, with an average $195 / sq.feet price in Osceola. The properties with the lowest average prices have 2 bedrooms. They are 62 % cheaper than the average followed by properties with 1 bedroom with a price at $71 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $398,818 it is 93 % cheaper than the average price in Osceola. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "". At a price of $26,258 it is 47 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $62 / sq.feet. "House" with an average cost of $62 / sq.feet has the lowest price and would be directed at less affluent cities.