The prices in real estate in Rantoul, 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 Rantoul has remained the same in the last 6 months. In December, the average price per sq.feet was $74. In January this price pretty much remained the same at a value of $75 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $74.5 to $74.5 per sq.feet. The price per sq.feet has increased 110 % 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 $74.5 to $82 during April, and May.
Based upon to the price in Rantoul (cities), these have remained the same in the last 6 months. The average price for December is $107,659. During January the price had a slight fall till $98,540. In the following two months the average price has remained the same with regard to the previous two months from $103,099.5 to $106,946. 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 $105,022.75 and $104,375.5 between 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 $109,241 they are 32 % more affordable than the average price for Rantoul. The properties with the highest average price have 4 bedrooms, Their price is 35 % more costly than the average. After that we have properties with 3 bedrooms priced at $116,462.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $65 / sq.feet, with an average $86 / sq.feet price in Rantoul. The properties with the lowest average prices have 4 bedrooms. They are 12 % cheaper than the average followed by properties with 1 bedroom with a price at $67 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $109,241 it is 53 % cheaper than the average price in Rantoul. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $75,488 it is 1 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $18 / sq.feet followed by "Condo" priced at $29 / sq.feet. "House" is the cheapest type of property with a $65 / sq.feet value followed by "Townhouse" with an average price of $30 / sq.feet.