The prices in real estate in Peotone, 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 Peotone has remained the same in the last 6 months. In December, the average price per sq.feet was $192. In the following month the price per sq.feet increased to $220. The price for the following two months in (February, March) decreased 93 % with regard to the prior two months. The price per sq.feet has decreased 91 % 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 $198.5 to $180 during April, and May.
Based upon to the price in Peotone (cities), these have remained the same in the last 6 months. The price in December is $404,990, rising in January till $442,471. During the following two months (February, March) the average price fell 95 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $412,868 to $384,777 in April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $386,925 they are 63 % more affordable than the average price for Peotone. The properties with the lowest average price have 3 bedrooms, Their price is 27 % cheaper than the average. After that we have properties with 2 bedrooms priced at $234,370.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $69 / sq.feet, with an average $183 / sq.feet price in Peotone. The properties with the lowest average prices have 2 bedrooms. They are 40 % cheaper than the average followed by properties with 4 bedrooms with a price at $96 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $386,925 it is 46 % cheaper than the average price in Peotone. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial Property". At a price of $210,116 it is 32 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $61 / sq.feet followed by "House" priced at $91 / sq.feet. "House" is the cheapest type of property with a $91 / sq.feet value followed by "Commercial Property" with an average price of $61 / sq.feet.