Property prices for sale in Rhinelander (Wisconsin)

The prices in real estate in Rhinelander, in the Wisconsin 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.

$241,289.33
Average price last 6 months
$153.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Rhinelander has increased strongly during the last 6 months. In February, the average price per sq.feet was $122. In the following month the price per sq.feet increased considerably to $149. The price for the following two months in (April, May) had a considerable increment of 120 %. 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 $148.75 to $163 during June, and July.

Average price

Based upon to the price in Rhinelander (cities), this has gone up in the last 6 months. The average price during our first sample month during February, is $216,886. During March the price went through a considerable rise reaching $258,356. In the following two months the average price has remained the same with regard to the previous two months from $237,621 to $242,164. 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 $239,892.5 and $244,083 between June and July.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $247,478 they are 14 % more affordable than the average price for Rhinelander. The properties with the highest average price have 3 bedrooms, Their price is 5 % more costly than the average. After that we have properties with 4 bedrooms priced at $253,788.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $133 / sq.feet, with an average $163 / sq.feet price in Rhinelander. The properties with the highest average prices have 1 bedroom. They are 56 % more expensive than the average followed by properties with 2 bedrooms with a price at $196 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $247,478 it is 83 % cheaper than the average price in Rhinelander. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $243,039 it is 5 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $131 / sq.feet followed by "House" priced at $155 / sq.feet. "Commercial" is the most costly type of property with a $1,414 / sq.feet cost followed by "Condo" with an average price of $475 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Rhinelander
Number of properties used in region Wisconsin
$247,478
$163
676
171,386
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value