Property prices for sale in Papillion (Nebraska)
The prices in real estate in Papillion, in the Nebraska 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 Papillion has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,234. In the following month the price per sq.feet increased considerably to $1,785. In the following two months the price per sq.feet has barely changed, going from $1,509.5 to $1,448 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 $1,478.75 to $1,428 during February y March
Based upon to the price in Papillion (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $434,189. In November This price remains at $425,887. In the following two months the average price has remained the same with regard to the previous two months from $430,038 to $411,375. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % 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 $525,264 they are 98 % more affordable than the average price for Papillion. The properties with the lowest average price have 3 bedrooms, Their price is 75 % cheaper than the average. After that we have properties with 4 bedrooms priced at $130,539.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $12 / sq.feet, with an average $1,387 / sq.feet price in Papillion. The properties with the lowest average prices have 3 bedrooms. They are 37 % cheaper than the average followed by properties with 4 bedrooms with a price at $874 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $525,264 it is 90 % cheaper than the average price in Papillion. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $270,704 it is 27 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $42 / sq.feet followed by "House" priced at $112 / sq.feet. "Apartment" is the cheapest type of property with a $874 / sq.feet value followed by "Duplex" with an average price of $245 / sq.feet.
