Property prices for sale in Rhinelander (Wisconsin)

The price per sq.feet in Rhinelander has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $8,112. In the following month the price per sq.feet decreased considerably to $771. The price for the following two months in (May, June) had a considerable decrease of 28 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 56 % 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 $2,833.25 to $1,576.5 during July, and August.

Based upon to the price in Rhinelander (cities), these have remained the same in the last 6 months. The average price during our first sample month during March, is $338,710. During April the price went through a considerable rise reaching $390,611. During the following two months (May, June) the price has had an average incrementation from $364,660.5 to $388,244.5. During the last two months the average price has had a strong fall compared to the previous four going from $376,452.5 to $271,850, which means a 72 % fall.

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $274,883 they are 17 % more affordable than the average price for Rhinelander. The properties with the highest average price have 3 bedrooms, Their price is 38 % more costly than the average. After that we have properties with 4 bedrooms priced at $286,501.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $130 / sq.feet, with an average $1,388 / sq.feet price in Rhinelander. The properties with the lowest average prices have 2 bedrooms. They are 86 % cheaper than the average followed by properties with 1 bedroom with a price at $196 / sq.feet.

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $274,883 it is 68 % cheaper than the average price in Rhinelander. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $366,445 it is 40 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $36 / sq.feet followed by "House" priced at $170 / sq.feet. "Land" is the most costly type of property with a $25,384 / sq.feet cost followed by "Detached House" with an average price of $177 / sq.feet.