Property prices for sale in Rice Lake (Wisconsin)
The prices in real estate in Rice Lake, 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.
The price per sq.feet in Rice Lake has increased strongly during the last 6 months. In October, the average price per sq.feet was $218. In the following month the price per sq.feet increased to $250. In the following two months the price per sq.feet has barely changed, going from $234 to $229 per sq.feet. The price per sq.feet has had a considerable increase of 532 % 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 $231.5 to $1,232.5 during February, and March.
Based upon to the price in Rice Lake (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $352,636. In November This price remains at $369,575. During the following two months (December, January) the price has had an average incrementation from $361,105.5 to $400,799.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $380,952.5 to $358,891.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $325,144 they are 69 % more affordable than the average price for Rice Lake. The properties with the highest average price have 4 bedrooms, Their price is 82 % more costly than the average. After that we have properties with 2 bedrooms priced at $313,680.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $91 / sq.feet, with an average $512 / sq.feet price in Rice Lake. The properties with the lowest average prices have 2 bedrooms. They are 62 % cheaper than the average followed by properties with 4 bedrooms with a price at $173 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $325,144 it is 5 % more expensive than the average price in Rice Lake. "Land" is seen as the second dearest property type. The dearest property type is "Land" followed by "House". At a price of $341,203 it is 66 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $168 / sq.feet followed by "Land" priced at $35,676 / sq.feet. "Land" is the most costly type of property with a $35,676 / sq.feet cost followed by "House" with an average price of $168 / sq.feet.
