Property prices for sale in Rochelle (Illinois)
The prices in real estate in Rochelle, in the Illinois 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 Rochelle has increased strongly during the last 6 months. In November, the average price per sq.feet was $145. In December this price pretty much remained the same at a value of $139 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 294 %. The price per sq.feet has had a considerable increase of 305 % 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 $279.5 to $852.5 during March, and April.
Based upon to the price in Rochelle (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $245,957. In December This price remains at $243,790. During the following two months (January, February) the average price fell 94 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $237,426.25 to $190,565.5, which means a 80 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $185,898 they are 56 % more affordable than the average price for Rochelle. The properties with the highest average price have 4 bedrooms, Their price is 53 % more costly than the average. After that we have properties with 3 bedrooms priced at $225,018.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $120 / sq.feet, with an average $1,232 / sq.feet price in Rochelle. The properties with the lowest average prices have 2 bedrooms. They are 89 % cheaper than the average followed by properties with 4 bedrooms with a price at $124 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $185,898 it is 15 % more expensive than the average price in Rochelle. "Detached House" is seen as the second dearest property type. The dearest property type is "Land" followed by "Commercial". At a price of $869,700 it is 470 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $78 / sq.feet followed by "House" priced at $131 / sq.feet. "Land" is the most costly type of property with a $24,808 / sq.feet cost followed by "House" with an average price of $131 / sq.feet.
