Property prices for sale in Rensselaer (Indiana)
The prices in real estate in Rensselaer, in the Indiana region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Rensselaer has fallen in the last 6 months. In November, the average price per sq.feet was $149. In the following month the price per sq.feet decreased to $134. In the following two months the price per sq.feet has barely changed, going from $141.5 to $135.5 per sq.feet. The price per sq.feet has increased 105 % 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 $138.5 to $145.5 during March, and April.
Based upon to the price in Rensselaer (cities), this has gone downing the last 6 months. The average price for November is $262,870. During December the price had a slight fall till $235,439. During the following two months (January, February) the average price fell 94 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 $265,323 they are 70 % more affordable than the average price for Rensselaer. The properties with the highest average price have 4 bedrooms, Their price is 33 % more costly than the average. After that we have properties with 3 bedrooms priced at $214,620.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $88 / sq.feet, with an average $147 / sq.feet price in Rensselaer. The properties with the lowest average prices have 2 bedrooms. They are 16 % cheaper than the average followed by properties with 1 bedroom with a price at $103 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $265,323 it is 44 % cheaper than the average price in Rensselaer. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $148,946 it is 31 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $24 / sq.feet followed by "House" priced at $92 / sq.feet. "House" is the cheapest type of property with a $92 / sq.feet value followed by "Farm" with an average price of $24 / sq.feet.
